Scott Horsley
Stories
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Stocks gain on hopes Trump will ease tensions with the Fed -- and China
The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.
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IMF warns that global economy will be hit hard by Trump's trade war
The International Monetary Fund has warned that President Trump's trade war will lead to slower economic growth around the world and higher inflation in the U.S.
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Trump's raise worries about the global economy — and the Fed
The International Monetary Fund is projecting higher prices and slower economic growth in the U.S. as a result of President Trump's trade war. That's a tough spot for the Federal Reserve.
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Stocks tumble Wednesday as fears over tariffs cloud economic outlook
The stock market tumbled again Wednesday as fears over tariffs cloud the economic outlook. Retail spending got a boost in March, however, as people tried to stock up before the tariffs took effect.
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Tax filing clinics across the country have you covered for last-minute filing needs
For people who haven't filed their taxes yet, there's an army of volunteers around the country who are ready to help.
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TARIFF FEARS
There was another sell-off on Wall Street Thursday, as investors take stock of President Trump's trade war. Growing tensions with China are expected to raise prices in the coming months, just when it looked like inflation was about to cool off.
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Inflation is cooling -- but Trump's tariffs could upend things
Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain could push prices higher in the months to come.
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Morning news brief
Facing pressure from world markets President Trump blinks on tariffs, businesses welcome that temporary tariff relief, a former top cybersecurity official is targeted by Trump as a private American.
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Trump pauses most tariffs for 90 days
President Trump's trade war is starting to take a toll on US importers. Double-digit tariffs on goods from dozens of countries took effect overnight.
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Morning news brief
President Trump says he will not pause tariffs as markets tumble, a look at the economics of Trump's trade war, Supreme Court rules administration can continue deportations under Alien Enemies Act.