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Economy

Trade war and leery travelers have airlines trimming flights and withdrawing financial guidance

By MICHELLE CHAPMAN
Apr 25, 2025 10:15 am - Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours.
Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump's trade war

By STAN CHOE
Apr 25, 2025 10:06 am - Wall Street's big three-day rally is running out of steam, and U.S. stocks are drifting in mixed trading Friday as they near the end of another roller-coaster week.
Trump sees trade deals coming in three to four weeks

By Hadriana Lowenkron
Apr 25, 2025 8:16 am - President Donald Trump said he expected to wrap up trade deals with US partners looking for lower tariffs soon.
Student loans in default will be sent for collection. Here's what to know for borrowers

By ADRIANA MORGA and WYATTE GRANTHAM-PHILIPS
Apr 24, 2025 4:25 pm - Starting next month, the Education Department says student loans that are in default will be referred for collections. But there are options for borrowers to get out of default. Here are some key things to know.
Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds

By JOSH BOAK and AMELIA THOMSON-DEVEAUX
Apr 24, 2025 2:52 pm - Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering, with a new poll showing that many people fear the country is being steered into a recession and that the president’s broad and haphazardly enforced tariffs will cause prices to rise.
Wall Street’s rally loses momentum as more companies say the trade war is clouding their plans

By STAN CHOE
Apr 24, 2025 8:56 am - Wall Street’s momentum is slowing Thursday following its big two-day rally, as more U.S. companies say uncertainty created by President Donald Trump’s trade war is scrambling their expectations for the year.
US filings for jobless benefits inch up as labor market remains strong despite fears of downturn

By MATT OTT
Apr 24, 2025 7:43 am - U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn.
Wall Street rises in a worldwide rally after Trump softens his tough talk on trade and the Fed

By STAN CHOE
Apr 23, 2025 9:06 am - U.S. stocks are rising Wednesday as a worldwide rally comes back around to Wall Street after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war.
Wall Street rallies and recovers most of Monday’s slide as the dollar and US bond market steady

Apr 22, 2025 8:50 am - U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve.
US, global economic outlook worsens in the face of Trump's tariffs, IMF says

By CHRISTOPHER RUGABER
Apr 22, 2025 8:13 am - The outlooks for the U.S. and global economies have significantly worsened in the wake of President Donald Trump's tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday.

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