Inflation cools in first full month of Trump term

(NEW YORK) -- Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled by a global trade war. Inflation cooled more than economists expected.Price increases... Read More.
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US imposes 25% tariffs on steel, aluminum imports

(WASHINGTON) -- U.S. tariffs on imported steel and aluminum are now in effect, part of an escalating series of trade maneuvers by President Donald Trump that have unsettled markets.As of Wednesday, the U.S. is imposing 25% tariffs on all steel and aluminum imports from... Read More.
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Major US airlines warn demand is slowing

(NEW YORK) -- The major U.S. airlines thought they were going to have a strong first quarter, but things are not going as well as expected.Each of the major U.S. airlines has put out guidance pointing to significant economic uncertainty that is directly affecting... Read More.
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US stocks wobble after selloff amid recession concerns

(NEW YORK) -- U.S. stocks seesawed between positive and negative territory in early trading on Tuesday, remaining essentially unchanged after losses suffered Monday when markets reacted to President Donald Trump's refusal to rule out a possible recession.The Dow Jones Industrial Average ticked down about... Read More.
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Stocks slump after Trump declines to rule out recession

(NEW YORK) -- U.S. stocks dropped in early trading on Monday, suffering widespread losses a day after President Donald Trump declined to rule out the possibility of a recession.The Dow Jones Industrial Average fell 515 points, or 1.2%; while the S&P 500 declined 1.4%.... Read More.