‘They all want to make deals,’ President Trump said. ‘But they’re going to be fair deals. They’re not going to be rip-off deals.’ The Trump administration has spoken to at least 90 countries to negotiate trade deals after the president recently imposed sweeping baseline and reciprocal tariffs, Commerce Secretary Howard Lutnick said on April 23.
Factory activity improved in April while price pressures and uncertainty related to the Trump administration’s trade policies weigh on the outlook. U.S. manufacturing showed modest but meaningful signs of improvement in April, according to data released Wednesday by S&P Global, which showed factory output and new orders ticking higher. The April 23 report, combined with
U.S. stocks rose as a worldwide rally came back around to Wall Street. The S&P 500 climbed 1.7 percent Wednesday after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. The Dow Jones Industrial Average added 1.1 percent, and the Nasdaq composite rose
A federal appeals court previously halted the lawsuit, saying the companies had no right to sue. The U.S. Supreme Court seemed inclined during an April 23 oral argument to revive a lawsuit filed by energy companies over California’s tough vehicle emissions standards. The case is Diamond Alternative Energy LLC v. Environmental Protection Agency (EPA). The
The United States incurred a $1.8 trillion national deficit in fiscal year 2024, the largest this century except for in 2020 and 2021. The Trump administration’s tariff policies are expected to bring down the fiscal deficit of the United States this year, the International Monetary Fund (IMF) said in an April 23 report. Fiscal deficit,
Persistent neurological, sexual, and psychological side effects from formulations not approved for use have been reported. The Food and Drug Administration (FDA) has issued a public warning about the use of compounded topical finasteride products for hair loss, citing reports of serious and sometimes persistent side effects including testicular pain, depression, and suicidal thoughts. In
Federal Reserve Gov. Adriana Kugler said the Fed should keep rates steady as inflation remains elevated and new tariffs raise fresh risks. Federal Reserve Gov. Adriana Kugler said on April 22 that she supports holding interest rates steady because of ongoing inflation risks and new tariffs, in the latest indication that the central bank is
Lower mortgage rates last month were cited as a contributing factor. Sales of new single-family houses in March 2025 were at a seasonally adjusted annual rate of 724,000, a six-month high, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development on April 23. The sales number
Robust production and delivery of new commercial aircraft boosted the company’s first-quarter performance. Following huge losses over the past two years and the grounding of its best-selling plane due to safety issues, Boeing Co. said on April 23 that its ongoing recovery plan is starting to stabilize production, fix its ailing culture, and refocus its
‘America First does not mean America alone,’ the Treasury secretary said in prepared remarks. The United States will support changes to the International Monetary Fund (IMF) and the World Bank to secure economic and financial sustainability, Treasury Secretary Scott Bessent said on April 23. Bessent laid out his vision for the twin institutions and America’s