Category Archives: Business News
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
By JOSH BOAK Associated PressWASHINGTON (AP) - President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade...
Apr 02, 2025
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
By JOSH BOAK Associated Press WASHINGTON (AP) - President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trad...
Apr 02, 2025
Americans increased spending tepidly last month as anxiety over the economy takes hold
By CHRISTOPHER RUGABER and ANNE D'INNOCENZIO AP Business Writers WASHINGTON (AP) - U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling t...
Mar 17, 2025
Trump halts doubling of tariffs on Canadian metals, after Ontario suspends electricity price hikes
By JOSH BOAK, ROB GILLIES and MICHELLE PRICE Associated Press WASHINGTON (AP) - President Donald Trump 's threat on Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Cana...
Mar 11, 2025
Stocks' sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market's sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through...
Mar 10, 2025
Elon Musk claims X being targeted in 'massive cyberattack' as service goes down
By MICHELLE CHAPMAN AP Business Writer Hours after a series of outages Monday that left X unavailable to thousands of users, Elon Musk claimed that the social media platform was being targeted in a "m...
Mar 10, 2025
Flu season in the US is the most intense it's been in at least 15 years
By MIKE STOBBE AP Medical Writer NEW YORK (AP) - The U.S. winter virus season is in full force, and by one measure is the most intense in 15 years. One indicator of flu activity is the percentage of d...
Feb 07, 2025
Stock market today: Wall Street finishes mixed as strong fashion, tobacco stocks offset Ford's drop
By STAN CHOE AP Business Writer NEW YORK (AP) - Wall Street drifted through mixed trading Thursday as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm. The S&P ...
Feb 06, 2025
NC-based Honeywell, one of the few remaining US industrial conglomerates, will split into three companies
By MICHELLE CHAPMAN AP Business Writer Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing gian...
Feb 06, 2025
New NC facility part of Toyota's EV and battery push in China and U.S.
By YURI KAGEYAMA AP Business Writer TOKYO (AP) - Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Sh...
Feb 05, 2025