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Business

Wall Street, dollar tumble as investors retreat

NEW YORK (AP) — Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump's trade war and his criticism of the Federal Reserve, which are shaking the traditional order. The S&P 500 sank 2.4% in another wipeout. That ...

Strange sell-off in the dollar may show investors losing trust

NEW YORK (AP) — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent drop in the dollar is so ...

Judge pauses plans for mass layoffs at Consumer Financial Protection Bureau

WASHINGTON (AP) — President Donald Trump 's attempt to fire nearly everyone at the Consumer Financial Protection Bureau was paused on Friday by a federal judge, who said she was "deeply concerned" about the plan and issued an order warning that administration officials appeared to be ...

Trump says he’s in ‘no rush’ to end tariffs

WASHINGTON (AP) — President Donald Trump said Thursday he is in "no rush" to reach any trade deals because he views tariffs as making the United States wealthy. But he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find an agreement with the European ...

US stocks drop as Nvidia slides and Trump’s trade war thickens

NEW YORK (AP) — U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump's trade war is clouding forecasts for how they and the economy will do this ...