The Saudi-led cartel said its members would start gradually pumping more oil in April.
Category: United States Economy
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Key Interest Rate Falls as Worries About the Economy Rise
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
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What’s Behind Trump’s Love-Hate Relationship With Canada
Canada is one of the United States’ largest trading partners, but President Trump wants to either take it or leave it.
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Clock Ticks Down Toward Sweeping Tariffs on Canada, Mexico and China
President Trump could still choose to pause the tariffs he is threatening to put on America’s largest trading partners Tuesday, but industries are preparing for the worst.
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‘Trump Bump’ in Stocks Fades Amid Rising Economic Anxiety
Stocks soared after President Trump’s win. But that rally largely reversed in February. On Friday, the S&P 500 was on track for its worst week of the year.
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Oil Companies Wanted Trump to Lower Costs. Tariffs Are Raising Them.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
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PCE Report Showed Inflation Eased Slightly in January
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
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When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.
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GOP Gambles on Budget Plan That Helps the Rich and Cuts Aid to the Poor
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.
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U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
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Trump’s New Crackdown on China Is Just Beginning
The administration is positioning itself to clamp down on Chinese investment and access to technology. But the wild card may be the president himself.
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Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.