WASHINGTON (AP) — A federal appeals court ruled Friday that President Donald Trump had no legal right to impose sweeping tariffs on almost every country on earth but left in place for now his effort to build a protectionist wall around the American economy. The ruling from the U.S. Court ...
WASHINGTON (AP) — Federal Reserve Gov. Lisa Cook will sue President Donald Trump's administration to try to prevent him from firing her, her lawyer said Tuesday. The announcement makes it more likely that a high-stakes legal battle will ensue that will probably end up at the Supreme Court, ...
WASHINGTON (AP) — Americans' view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its consumer confidence index ticked down by 1.3 points to 97.4 in August, down from July's 98.7, but in the same narrow range of the past three months. The small decline in confidence was in line with the forecasts of most of the economists who were surveyed. A measure of Americans' short-term expectations for their income, business conditions and the job market fell by 1.2 points to ...
WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands. For months, Powell has largely ignored President Donald ...
NEW YORK (AP) — Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way, along with the kick they can give the economy and investment prices. The S&P 500 leaped 1.5% for its first gain in six days ...
WASHINGTON (AP) — President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company “highly overrated” and said Friday he'll keep extending the deadline for the popular video-sharing platform until there's a buyer. Congress approved a U.S. ban on TikTok unless its parent company, ByteDance, sold its controlling stake. But Trump has so far extended the deadline three times during his second term — with the next one coming up on Sept. 17. “We’re gonna watch the security concerns,” Trump told reporters, but added, “We ...
