Tom Howell Jr.

Firing Powell could ‘crash’ markets, says Sen. Warren

Sen. Elizabeth Warren of Massachusetts warned Thursday that the stock market might "crash" if President Trump tries to fire Federal Reserve Chair Jerome Powell.

July 17, 2025

Trump cracks down on fentanyl substances with bill signing

President Trump signed a bill Wednesday that permanently places illicit fentanyl and its chemical cousins on the most restrictive list of drugs in the U.S.

July 16, 2025

Trump says he doesn’t plan to fire Fed Chairman Powell, despite buzz

President Trump on Wednesday said he has no plans to fire Federal Reserve Chairman Jerome Powell as rumors swirl about a move against the central bank boss.

July 16, 2025

Canada mulling limits on lumber exports to help U.S. trade talks

A top Canadian official says the country is considering cutting back on sending lumber to the U.S. to win over President Trump during trade negotiations.

July 16, 2025

Former Sen. Joe Manchin says U.S. better wake up and reduce rare earth reliance on China

Former Sen. Joe Manchin III said Tuesday the U.S. must find new ways to increase production of rare earths, warning China is consolidating its monopoly on the global market for critical minerals that drive semiconductor and military technologies.

July 15, 2025

Trump says U.S. will get market access in Indonesia, island country knocks down tariff

President Trump said Tuesday he struck a trade agreement with Indonesia, the world's fourth-most populous country, as his team assigns nation-by-nation tariff amounts alongside negotiations.

July 15, 2025

Inflation rises in June, in line with economic forecasts

Inflation ticked upward in June, rising 0.3% in June compared to 0.1% in May, according to a government report.

July 15, 2025

Trump tests limits of tariff power as high-stakes court case forges ahead

President Trump's decision to link tariff rates to Brazil's prosecution of ex-leader Jair Bolsonaro is testing the bounds of White House tariff powers and could complicate the president's defense against a high-stakes legal case over his sweeping levies.

July 14, 2025

European Union trade chief says 30% tariff would ‘prohibit’ trade, pursues U.S. deal

The European Union's trade chief said Monday that trade will be "heavily impacted" if President Trump follows through on his threat to impose a 30% tariff on EU goods.

July 14, 2025

Canada says it will defend workers, stop fentanyl ahead of Aug. 1 tariff deadline

Canadian Prime Minister Mark Carney says his country is making progress in stopping fentanyl and will continue to work with the U.S. on trafficking and other matters ahead of the Aug. 1 tariff deadline set by President Trump.

July 11, 2025

Trump whacks Canada with a 35% tariff

President Trump said Thursday he will impose a 35% tariff on Canadian goods, a major development in the U.S. trade relationship with its northern neighbor.

July 10, 2025

Trump, in unusual move, ties tariff rate for Brazil to domestic prosecution of Jair Bolsonaro

President Trump whacked Brazil on Wednesday with a 50% tariff on goods its producers send into the U.S., linking the levy in part to the prosecution of former Brazilian president and Trump ally Jair Bolsonaro.

July 9, 2025

Trump orders up 50% tariff on copper, says levies on Big Pharma are coming

President Trump said Tuesday he would issue a 50% tariff on copper brought into the U.S. and signaled he was queuing up high levies on pharmaceutical imports after a grace period that would let drugmakers move operations back here.

July 8, 2025

Trump to impose 50% tariff on copper

President Trump said he plans to impose a 50% tariff Tuesday on copper that is brought into the U.S. and, eventually, slap high levies on pharmaceutical imports after a grace period that lets drugmakers onshore operations.

July 8, 2025

Trump says he’s keeping Aug. 1 deadline to collect big tariffs

President Trump said Tuesday he will not budge from his decision to impose tariffs on goods from dozens of trading partners starting Aug. 1, pushing back on the idea he isn't committed to collecting the duties.

July 8, 2025

Trump hits South Korea, Japan and others with 25% tariffs

President Trump on Monday sent letters to Japan, South Korea and a dozen other nations announcing heavy tariffs on goods they send to the U.S., making critical Asian allies the first targets of his summer round of levies.

July 7, 2025

Trump says he is poised to assign tariffs, announce new trade deals

President Trump will begin to announce nation-by-nation tariff levels and trade deals on Monday, ahead of a midweek deadline, and he threatened new levies on a multicountry bloc he labeled as "anti-American."

July 7, 2025

Trump’s mission to end DEI spurs companies to retreat from woke corporate culture

President Trump's effort to dismantle diversity, equity, and inclusion programs in government is ripping through the private sector, forcing companies to scrub their websites and overhaul hiring practices or risk federal scrutiny and retribution.

July 6, 2025

U.S. added a higher-than-expected 147,000 jobs in June

Job growth was higher than expected in June, according to a federal report Thursday that showed the labor market beating milder forecasts.

July 3, 2025

Trump says trade deal clinched with Vietnam

President Trump said Wednesday he struck a trade deal with Vietnam, a key Asian trading partner that American companies rely on as an alternative to Chinese-made goods.

July 2, 2025