WASHINGTON (AP) - The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight upgrade of its previous estimate of fourth-quarter growth.
NEW YORK (AP) - Shares of major automakers slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports.
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LONDON (AP) - Price rises in the U.K. moderated by more than anticipated in February, official figures showed Wednesday, in a boost for Treasury chief Rachel Reeves before she delivers a statement to lawmakers about the state of the public finances.
WASHINGTON (AP) - U.S. consumer confidence fell for the fourth straight month as Americans’ anxiety about their financial future declined to a 12-year low amid rising concern over tariffs and inflation.
BANGKOK (AP) - China protested Wednesday after the U.S. added dozens of companies to its export control list, including more than 50 based in China that it says sought advanced knowhow in supercomputing, artificial intelligence and quantum technology for military purposes.
NEW YORK (AP) - Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war - all while on-again, off-again new levies continue to escalate uncertainty.
The U.S. Postal Service is facing an uncertain future after the resignation this week of Postmaster General Louis DeJoy and the suggestion by President Donald Trump and Elon Musk, who heads the Department of Government Efficiency, that the mail service could be privatized.