Economy
Dow drops 1,500 points on trade war fears over new tariffs
President Trump announced sweeping tariffs on imported goods, which were higher and broader than many expected. The new import taxes are expected to raise prices and slow growth in the U.S., while pushing many other countries into recession.
Today is Trump’s ‘Liberation Day.’ What does that mean for tariffs?
President Trump has been promising new "reciprocal tariffs" to punish other countries for their tariffs and trade barriers. Markets are nervous that a trade war could hike prices and hurt the economy.
The U.S. already has tariffs on a few sectors. It hasn’t gone that great
The U.S. has generally kept tariffs low, but a few domestic industries have long been protected by import taxes and other trade barriers. They offer clues about how Trump's new tariffs might work out.
Why gold prices are surging to record highs
Tariffs are roiling stock markets — but making gold hotter than ever.
Crumbling trust in American institutions: A MAHA activist takes on Girl Scout cookies
A controversial study raised the specter that Girl Scout cookies are unsafe. Authorities say they are safe, but the whole saga highlights a breakdown of trust in American institutions.
More billionaires than ever ranked in Forbes’ annual list. Here are the top 10
There are now more than 3,000 billionaires in the world, according to Forbes' annual ranking of the wealthiest people. They collectively hold about $16.1 trillion in wealth.
Trump announces new 25 percent tariff on all cars made outside the U.S.
The president's latest action on trade enacts a 25% tariff on cars made outside of the U.S., continuing his trade policies focused on boosting American manufacturing.
How are inflation or tariffs affecting your shopping and budget? NPR wants to know
Whether you're a shopper or a seller, a worker or a business owner, you likely have a lot on your mind when it comes to budgeting, planning trips or big purchases. And we want to hear all about it.
The Fed holds interest rates steady as Trump’s trade agenda sparks uncertainty
The Fed held rates steady, but left the door open to cut them later this year if inflation continues to ease. Trump's tariffs, however, could complicate efforts to bring prices under control.
Data centers bring billions to Mississippi. Are the investments worth the risk?
State leaders have lauded the beginning of two new projects, but some industry experts said they come with big power demands and few permanent jobs.
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.
This is why Canada has plenty of eggs — and the U.S. doesn’t
While the U.S. grapples with an egg shortage caused by avian flu, eggs remain plentiful and affordable in Canada. There are reasons for that, including that egg farms there tend to be smaller.
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.
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.
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.
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.
Inflation eased a touch in February — but Trump’s tariffs cloud outlook
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.
Stocks sink again, as Trump doubles down on tariffs
Trump has long boasted about the market's performance under him. But now he seems to have other priorities.
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.
As Trump downplays economic fears, this data show people feel differently
Economists look for signs that a recession may be approaching by monitoring consumer confidence and business sentiment — two indicators of uncertainty.
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.
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% in January.
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.
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.
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.
Trump’s latest tariff twist: a break for Mexico and Canada
Trump put 25% tariffs on goods from Canada and Mexico on Tuesday. Markets tanked. And by Thursday, he had decided to broadly lift them.
At a housewares expo in Chicago, talk keeps turning to price hikes from tariffs
The Inspired Home Show in Chicago draws housewares industry insiders from all over the country to network and show off their latest gadgets. This year, they're making plans to cope with tariffs.
As Canadians cancel trips due to Trump, the U.S. tourism industry could lose billions
The Trump administration's attacks on its northern neighbor have been met with confusion and anger by some Canadians who are now cancelling their trips to the U.S. in protest.
China’s parliament opens with confidence about the economy despite tariffs, headwinds
China will aim for economic growth of around 5% this year, the same as last year. This comes despite deep domestic challenges and fresh tariffs on Chinese imports to the U.S.
American businesses reel as Trump tariffs start to bite
Business owners across the U.S. worry they will also suffer the impact from President Trump's tariffs on imports from Mexico, Canada and China.
Canada, China say fentanyl crisis is only a “pretext” for Trump’s new tariffs
Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."
4 things to know about Trump’s plan for a ‘crypto strategic reserve’
The prospect of a federal strategic reserve is a major step in President Trump's vision to establish the U.S. as the crypto capital of the world and could be a game changer for the industry.
