WASHINGTON: Donald Trump threatened on Wednesday (Mar 12) to escalate a global trade war with further tariffs on European ...

Canada and the European Union swiftly unveil retaliatory levies against the U.S., hours after Trump's sweeping tariffs on ...

A reminder: In just 52 days, Trump has started a global trade war, plummeted the stock market, fired thousands of federal ...

Now, there is a bit of good news on the inflation front. The Bureau of Labor Statistics reports that the consumer price index rose 0.2% in February, for an annual basis of 2.8% — down from 3% on an ...

Steven Mnuchin, the former Treasury Secretary under Donald Trump in his first term, is no longer in Washington. Yet, as ...

The Trump administration moved its fast-paced dismantling of the U.S. Agency for International Development toward what ...

WASHINGTON — Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing ...

While many of his supporters continue to put their faith in the president, Trump’s political capital could be tested if the ...

President Donald Trump in recent days has dismissed fears of a recession and brushed aside the stock market sell-off, going ...

As CPI report shows inflation continued at 2.8% in February, tariffs fueled worries of another recession, which President ...

People lose jobs as companies cut costs through layoffs or hiring freezes. Historically, unemployment rises significantly during recessions, sometimes reaching 10% in severe downturns. During the ...