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Will the tariffs lead to a recession? Here's how to know if we're in one
WASHINGTON (AP) — President Donald Trump's last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the U.S. could tip into recession.
Trump is trying to reshape the global economy. It seems in open rebellion against his tariffs
WASHINGTON (AP) — The appeared to be in open rebellion against President tariffs as they Wednesday.
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Airlines, rattled by trade war and spending pullback, continue to cut flights, pull outlooks
Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours.
US and global economic outlook deteriorates in Trump trade war, IMF says
WASHINGTON (AP) — The outlooks for the U.S. and global economies have significantly worsened in the wake of and the uncertainty they have created, the International Monetary Fund said Tuesday.
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US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund.
China's economy grows at a 5.4% annual pace in Jan-March quarter
BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports, the government said Wednesday.
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Q&A: What has China done so far? What could China do next?
BEIJING (AP) — A reordering of global trading relationships could be underway as the world’s two largest economies clash and relations spiral into a trade war. On Friday, on U.S. goods from 84% to 125%, starting Saturday, after the U.S. pushed its tariffs on Chinese products to a total of 145%.
UK economy enjoyed unexpected growth spurt in February before Trump tariff turmoil
LONDON (AP) — Official figures Friday showed that the British economy, the world's sixth-largest, enjoyed a growth spurt in February, the month before U.S. President Donald Trump started to roll out tariffs on imported goods.
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Mideast stock markets tumble as US tariffs and low oil prices squeeze energy-producing nations
DUBAI, United Arab Emirates (AP) — Middle East stock markets tumbled Monday as they struggled with the dual hit of and a sharp decline in oil prices, squeezing energy-producing nations that rely on those sales to power their economies and government spending.
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
ARLINGTON, Va. (AP) — The Trump administration’s will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.
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Trump’s tariff push is a race against time, and potential voter backlash
WASHINGTON (AP) — President Donald Trump's flips on its head a decades-long global trend of lower trade barriers and is likely, economists say, to raise prices for Americans by thousands of dollars each year while sharply slowing the U.S. economy.
Trump is set to announce 'reciprocal' tariffs in a risky move that could reshape the economy
WASHINGTON (AP) — After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described on friend and foe alike.
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Lebanon appoints new central bank governor as it works to climb out of economic crisis
BEIRUT (AP) — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the tries to reform the economy after months of war and decades of mismanagement and corruption.
Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy
NEW YORK (AP) — Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal.
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Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision
TOKYO (AP) — Asian shares were mixed Wednesday ahead of a decision on interest rates by the U.S. Federal Reserve.
US shoppers modestly increased spending last month as concerns rise about economic outlook
WASHINGTON (AP) — US shoppers stepped up their spending a just bit in February after , signaling that Americans are spending more cautiously as concerns about the direction of the economy mount.
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Business News Digest
AP Business Digest
China orders banks to boost lending, credit card use to get consumers to spend more
BANGKOK (AP) — China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more.
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Asian shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs
TOKYO (AP) — Asian benchmarks dove Tuesday, as worries grew about the ripple effects from President Donald Trump's tariffs on regional economies and companies.
Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs
BANGKOK (AP) — Asian stocks got a mixed start to trading Monday as uncertainty persisted over what President will do with tariffs.
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U.S. economy likely generated a solid 160,000 jobs last month, but Trump's trade wars cloud outlook
WASHINGTON (AP) — The U.S. labor market likely kept on churning out jobs last month, economists say, but the outlook is cloudy and getting cloudier as the Trump administration wages trade wars, purges federal employees and seeks to deport millions of immigrants.
Mortgage rates are declining, finally, but may hover at an uncomfortable level
LOS ANGELES (AP) — Mortgage rates have been , helping encourage prospective home shoppers just as the spring homebuying season gets going.
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China keeps its economic growth target at 'around 5%' for 2025
BEIJING (AP) — China is keeping its economic growth target at “around 5%” for 2025 despite a with the United States and other headwinds.
Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs
BANGKOK (AP) — Shares opened lower Tuesday in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President .
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America First? Not when it comes to stock markets worldwide
NEW YORK (AP) — When it comes to stock markets around the world, this year has clearly not been “America First.”
Asian shares are mixed after US stocks tumble on worries over tariffs
BANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks fell sharply as reports showed the economy may be suffering as consumers and businesses fret over policies.
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