President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
Category: United States
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President Trump Is Making Foreign Stocks Great Again
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.
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Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.
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Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
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Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.
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Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.
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Why the UK Has Not Retaliated Against Trump’s Tariffs
Prime Minister Keir Starmer wants to stay close to the United States, even as the uncertainty unleashed by President Trump offers a chance to build ties with the European Union.
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Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.
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Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.
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Solar Energy, Criticized by Trump, Claims Big U.S. Gain in 2024
The added capacity for the year was the most from any single source in more than two decades.
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Asian Markets Slide as Global Sell-Off Continues
Markets in Japan, South Korea and Taiwan were down about 2 percent on Tuesday morning, after the S&P 500 had its worst day of the year.
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China’s Tariffs on U.S. Agricultural Products Take Effect
The action came in response to the higher levies on Chinese imports that President Trump announced last week.