Category Archive : Economy

By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through tariffs and other policies in order to get what he wants. Related Articles Business | US inflation cooled last month, though trade war threatens to […]

The Psychedelic Science conference, coming to Denver this summer, plans to bring U.S. legislators, scientists, authors, mycologists and more together to discuss the new frontier of psychedelic-assisted therapy and public policy. The initial lineup, announced Friday, includes Sen. Kyrsten Sinema of Arizona, former Rep. Tim Ryan of Ohio, famed mycologist Paul Stamets, and psychiatrist Bessel […]

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — President Donald Trump on Thursday postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. The White House insists its tariffs are about stopping the smuggling of fentanyl, but […]

By ALEX VEIGA, AP Business Writer LOS ANGELES (AP) — Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season gets going. But the same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing […]

By PAUL WISEMAN, Associated Press Economics Writer WASHINGTON (AP) — Tariffs are in the news at the moment. Here’s what they are and what you need to know about them: Tariffs are a tax on imports Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United […]

By JOSH BOAK, PAUL WISEMAN and ROB GILLIES, Associated Press WASHINGTON (AP) — President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business. Just after midnight, Trump […]

By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours. Related Articles Business | Trump administration signals that the tariffs against Canada and […]

By ZEKE MILLER, JOSH BOAK and ROB GILLIES, Associated Press WASHINGTON (AP) — President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth. Related Articles National Politics | Trump administration […]

By JOSH FUNK, Associated Press Business Writer OMAHA, Neb. (AP) — Egg producers blame the bird flu outbreak for driving prices to record highs, but critics believe giant companies are taking advantage of their market dominance to profit handsomely at the expense of budget-conscious egg buyers. Advocacy groups, Democratic lawmakers and a Federal Trade Commission […]