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EU Ready to Implement Mercosur Trade Deal
WASHINGTON (AP) – Jay Allen is a fan of President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas. But the tariffs at the core of Trump’s economic agenda have wreaked havoc on his company, Allen Engineering Corp.
BRUSSELS (AP) – European Union lawmakers on Wednesday voted to hold up ratification of a major free trade agreement with the Mercosur group of South American countries over concerns about the legality of the deal.
WASHINGTON (AP) – U.S. wholesale prices came in hotter than expected in February, driven partly by a sharp increase in food costs. The Labor Department reported Wednesday that its producer price index – which measures inflation before it hits consumers – rose 0.7% from January, and 3.4% from February 2025. The year-over-year increase was the most since February 2025.
VERONA, Italy (AP) – The Milan Cortina Olympics ended Sunday with a closing ceremony paying tribute to Italian dance and music inside the ancient Verona Arena, roughly mid-distance between the far-flung mountain, valley and city venues that made these the most spread-out Winter Games in Olympic history.
MILAN (AP) – The United States is on top of the hockey world for the first time in nearly a half-century. No miracle needed.
LIVIGNO, Italy (AP) – By taking chances, Eileen Gu is building a sport. She’s winning medals. Yet on a sunny Sunday at the Olympics where she defended her title on the halfpipe, maybe the best prize of all was knowing her grandma would be proud.
Jet fuel prices and airfares are rising. Travelers are still booking flights.
Trump's tariffs hurting American manufacturers instead of helping them
Japan records trade surplus as export growth balances out weak China demand
US gas prices jump to their highest level since 2023 as the Iran war drags on
WASHINGTON (AP) – U.S. wholesale prices came in hotter than expected in February, driven partly by a sharp increase in food costs. The Labor Department reported Wednesday that its producer price index – which measures inflation before it hits consumers – rose 0.7% from January, and 3.4% from February 2025. The year-over-year increase was the most since February 2025.
NEW YORK (AP) – Macy’s reported stronger-than-expected profits in the crucial fourth-quarter and comparable sales rose again. The department store said an overhaul of its merchandise and improved customer service led to more spending by shoppers.
WASHINGTON (AP) – A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays out?
PARIS (AP) – We’ve long had your back, now it’s our turn. That is how the famously transactional U.S. President Donald Trump is framing his demands that allies help him with the Iran war. He wants to call in IOUs for decades of U.S. security guarantees.
WASHINGTON (AP) – Jay Allen is a fan of President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas. But the tariffs at the core of Trump’s economic agenda have wreaked havoc on his company, Allen Engineering Corp.
DUBAI, United Arab Emirates (AP) – Israel kept up its campaign of targeting Iran’s leaders on Wednesday, killing the country’s intelligence minister, and an Iranian offshore natural gas field was struck in a sign of the war’s mounting pressure – from both sides — on the region’s economic lifeblood: energy.
BEIJING (AP) – While much of the world’s attention is on the Iran war, that hasn’t stopped China from moving ahead with national priorities with global repercussions. Not that China doesn’t care about the war and its impact on energy supplies and geopolitics. But for the world’s second largest economy, it revolves around the development of the cutting-edge technologies.
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