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News Articles: Economy

Tagged as: 

  • Business

Fast-er food: A productivity surge at U.S. restaurants

A new study finds that after decades of stagnation, fast-food and other restaurants finally saw a surge in productivity.

March 18, 2025
|
By:
  • Greg Rosalsky
Elon Musk embraces then candidate Donald Trump during a campaign rally in Butler, Pennsylvania in 2024.

Tagged as: 

  • Politics

Tesla, led by Elon Musk, warns of export retaliation due to new Trump tariffs

Tesla has joined the ranks of U.S. companies concerned that Trump's aggressive tariff policies may negatively affect global sales.

March 14, 2025
|
By:
  • Alana Wise
President Trump arrives at the Business Roundtable's quarterly meeting on March 11, to address a group of CEOs amid an ongoing market selloff sparked by his new tariffs.

Tagged as: 

  • Analysis

Why CEOs are calm about tariffs in public — but 'very discouraged' in private

Business leaders are trying to engage in a delicate diplomacy with the White House — even as their companies brace for the impact of market volatility and tariffs.

March 14, 2025
|
By:
  • Maria Aspan
A worker cuts a piece of steel for a customer at North York Iron, a steel supplier in Toronto, Ontario, Canada, Feb. 11.

Tagged as: 

  • World

As global tariff tensions rise, here's the latest on U.S. trade with top partners

President Trump has upended global markets by imposing tariffs on imports from several of America's top trading partners. Here's what to know.

March 13, 2025
|
By:
  • Rebecca Rosman
Bottles of Prosecco are lined up on a shelf of a wine shop in Rome last month. Trump's threatened 200% tariffs, if they go into effect, could impact products like imported Prosecco, French champagne and Spanish wine.

Tagged as: 

  • Business

Trump threatens a 200% tariff on European alcohol

European wines, champagne and other beverages could face heavy tariffs if Trump follows through with this threat.

March 13, 2025
|
By:
  • Jaclyn Diaz
Power lines run near a bridge in Hamilton, Ontario, on Feb. 4. This week, Ontario's leader threatened a surcharge on Canadian electricity sold in some U.S. states in retaliation for President Trump's tariffs.

Tagged as: 

  • Energy

The U.S. buys electricity from Canada. Now it's a focus of the trade war

As a trade war grew this week, Ontario's leader threatened a surcharge on Canadian electricity sold in some U.S. states. The episode highlighted the U.S. reliance on imported Canadian power.

March 12, 2025
|
By:
  • Joe Hernandez
Eggs are displayed in a Manhattan grocery store last month. Inflation eased in February but it's still too high for comfort. Egg prices, for example, surged more than 10% from January.

Tagged as: 

  • Economy

Inflation eased in February, but it's still too high for comfort

Consumer prices in February were up 2.8% from a year ago. That's a smaller annual increase than the previous month. But the president's trade war could put more upward pressure on prices.

March 12, 2025
|
By:
  • Scott Horsley
NEW YORK, NEW YORK - MARCH 11: Traders work on the floor of the New York Stock Exchange (NYSE) on March 11, 2025 in New York City. Following the worst day for the markets this year, the Dow was down nearly 500 points in morning trading. (Photo by Spencer Platt/Getty Images)

Tagged as: 

  • Business

Stocks sink again, as Trump's tariff policies spark chaos

Trump has long boasted about the market's performance under him. But now he seems to have other priorities.

March 11, 2025
|
By:
  • Maria Aspan
Abdulwahab Omira, 28, stands in front of his destroyed family home in Damascus, Syria. Omira and his family fled Syria's civil war in 2012 when he was a teenager. Now a U.S. citizen and a graduate student at Stanford, Omira recently returned to his home country to look for ways the tech industry could help rebuild it.

Tagged as: 

  • World

He fled Syria's war as a teenager. He went back to help launch a tech industry

Abdulwahab Omira escaped Syria's war with his family as a teenager. He recently returned as a Stanford graduate student and a budding entrepreneur, hoping to help jumpstart the country's tech industry.

March 11, 2025
|
By:
  • Greg Myre
President Trump speaks after signing executive orders in the Oval Office of the White House on March 6, including one to lift 25% tariffs for all goods compliant under USMCA trade agreement.

Tagged as: 

  • Economy

As Trump downplays economic fears, this data shows people feel differently

Economists look for signs that a recession may be approaching by monitoring consumer confidence and business sentiment — two indicators of uncertainty.

March 11, 2025
|
By:
  • Scott Neuman
Recent moves to disband advisory committees that suggested ways to improve economic data — as well as comments from Commerce Secretary Howard Lutnick — have raised concerns about the reliability of government data.

Tagged as: 

  • Economy

How reliable is the government's economic data? Under Trump, there are real concerns

The disbanding of committees that consulted on government data — and comments from a senior official about changing how GDP is calculated — are raising alarm about the reliability of government data.

March 11, 2025
|
By:
  • Scott Horsley
U.S. employers continued to add jobs last month, but layoff notices have also increased to their highest level since the early months of the COVID-19 pandemic.

Tagged as: 

  • Economy

The job market is still pretty solid — but there are warning signs ahead

U.S. employers added 151,000 jobs in February, while the unemployment rate inched up to 4.1% from 4.0% in January.

March 07, 2025
|
By:
  • Scott Horsley
President Trump embraced cryptocurrency during his campaign, including during this visit to a cryptocurrency-themed bar called Pubkey in New York City on Sept. 18.

Tagged as: 

  • Politics

Trump is set to speak to crypto founders and investors at the White House on Friday

President Trump signed an order late Thursday creating a cryptocurrency strategic reserve using bitcoin seized through court proceedings, directing officials to find "budget-neutral" ways to grow it.

March 07, 2025
|
By:
  • Deepa Shivaram
Harvested corn grain is dumped into a grain wagon on Oct. 10, 2023, at a farm near Allerton, Illinois.

Tagged as: 

  • National

Farmers strongly back Trump. A new trade war could test their loyalty

American farmers have stood firmly behind President Trump even when his trade policies hurt them. The latest trade war, which could be even worse for their sector, promises to test those ties again.

March 07, 2025
|
By:
  • Scott Neuman
Chinese Foreign Minister Wang Yi speaks during a press conference on the sideline of the National People's Congress in Beijing on Friday.

Tagged as: 

  • Asia

Five takeaways: China's foreign minister slams Trump's 'two-faced' policies

China's top foreign policy official addressed the escalating trade war with the U.S. and promoted China as an "anchor" on the global stage as America retreats from international involvement.

March 07, 2025
|
By:
  • John Ruwitch
  • Load More

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