Economy
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Walmart likely to increase prices over tariffs in coming weeks: CFO
Price increases will likely begin “towards the tail end of this month, and I certainly expect more in June,” Walmart Chief Financial Officer John David Rainey said.
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Microsoft lays off 6,000 employees
The tech company has 228,000 workers globally, about 126,000 of which are in the U.S.
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Annual inflation rate was 2.3 percent in April, federal government
The annualized and month-to-month increases were in line with analysts' forecasts, according to CNBC.
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You Vote: With the financial markets dropping, should Trump pause the tariffs or stay the course?
President Trump on Monday said he is not planning a pause, but is open to negotiations.
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Art of the Tariff Deal: Dozens of foreign powers negotiate for free trade instead of retaliation
Preliminary announcements from Trump himself and senior administration officials suggested that unlike China, dozens of key trading partners were prepared to negotiate favorable trade agreements to eliminate or at least reduce the tariffs.
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Trump threatens additional 50% tariffs on China as it fights his trade efforts
He further threatened to halt negotiations with China on the reductions of tariffs should it fail to meet his demands.
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Billionaire fund manager Ackman urges Trump to halt tariffs, calls situation 'economic nuclear war'
Ackman, a Trump ally who endorsed the president, said that putting disproportionate tariffs on friends and enemies will launch a a global and economic war.
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US financial markets reopen Monday to extend losses, Dow drops 1,200 point, amid Trump's tariffs
The losses in U.S. financial markets were expected considering losses last week, after Trump announced across-the-board tariffs on U.S. trading partners and financial markets worldwide plunged early Monday.
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Trump official says over 50 countries want to negotiate with US on tariffs
Trump announced tariffs on multiple countries last week, resulting in global markets taking a hit.
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Trump says won't make tariff deal with China unless trade deficit gets resolved
Trump said that a deal with China would only happen if China solves the surplus.
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Global markets, US futures plunge, as Trump's tariffs continue to shake investors
Israeli Prime Minister Benjamin Netanyahu is set to meet with Trump Monday to negotiate a new tariff deal.
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Jaguar Land Rover announces shipment pause to US due to Trump's tariff actions
Trump has said the U.S. is implementing a 25% tax on vehicle imports.
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Trump says Vietnam seeks deal to eliminate president's recently imposed tariffs
Trump said he looked forward to meeting with To Lam in the future, but did not give a specific date.