New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.
Category: Trump, Donald J
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Dr. Oz Faces Senators at Confirmation Hearing to Oversee Medicare and Medicaid
The Senate Finance Committee holds a confirmation hearing on Friday for Dr. Mehmet Oz, the TV celebrity who is nominated to run major health programs for older Americans and the poor.
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The Russell 2000 Index Is Flashing Economic Warning Signs
The Russell 2000, which includes small companies that are more sensitive to downdrafts in the economy than those in the S&P 500, appears likely to enter a bear market.
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How the Stock Market Has Done Under Trump
When President Trump entered his first term, stocks were steadily marching upward. This time, the trajectory has inverted.
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Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.
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Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.
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HUD Pauses Program for Energy-Efficient Upgrades in Affordable Housing
The Department of Housing and Urban Development said it was reviewing all aspects of the Biden-era program to ensure it was carried out consistent with the agency’s core mission.
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Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
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Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.
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Stocks Fall Into a Correction With Investors Down on Trump
The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam.
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A Timeline of Trump’s Tariff Fight With Canada, Mexico, China and the E.U.
In the first 50 days of his second term, President Trump’s penchant for imposing and then suspending tariffs has shaken markets and confounded trading partners.