Tag: Economic policy
US consumers cut spending in January more drastically than at any point in the last four years
WASHINGTON -- U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs...
Stock market today: Asian shares skid, hit by Trump tariff hikes and doubts about AI
BANGKOK -- Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea tumbling more than 2% as U.S. President...
Doug Ford reelected as Ontario’s premier with mandate to fight Trump tariffs
VANCOUVER, British Columbia -- Ontario Premier Doug Ford won reelection to lead Canada's most populous province Thursday, giving him the mandate he wanted...
Trump plans tariffs on Mexico and Canada for March 4, while doubling existing 10% tariffs on China
WASHINGTON -- President Donald Trump says he plans to impose tariffs on Canada and Mexico starting next Tuesday, in addition to doubling the...
Stock market today: World shares are mixed after slight gains on Wall Street
BANGKOK -- World shares were mixed Thursday after U.S. stock indexes drifted to a lackluster finish, with the S&P 500 closing just an...
Nvidia sales surge in the fourth quarter on demand for AI chips
LOS ANGELES -- Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power...