Noted economist Arthur Laffer warns in a new analysis President Donald Trump’s 25% tariffs on auto imports could add $4,700 to the cost of a vehicle.
Another wipeout is swamping Wall Street Friday on worries about a potentially toxic mix of worsening inflation and a U.S. economy slowing.
Stocks are rising on Wall Street, a day after the market’s worst performance in a month.
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases.
Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecasts.
Surveys show small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation.
A surge in optimism by Democrats over the prospects of Vice President Kamala Harris lifted U.S. consumer sentiment slightly this month.
Americans stepped up spending at retailers, easing concerns that the economy might be weakening.
U.S. stocks rose for one of their best days of the year, and Wall Street relaxed after passing the first of several tests this week.
U.S. stocks closed a wild, whipsaw week for Wall Street with modest gains. Treasury yields eased ahead of big reports coming up on the economy.
U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be spooked.
A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses.
