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Economy

US stocks dip after careening through a manic day following Trump’s latest tariff threat

By ELAINE KURTENBACH and DAVID McHUGH
Apr 07, 2025 7:18 am - U.S. stocks careened through a manic Monday after President Donald Trump threatened to crank his tariffs higher, despite a stunning display showing how dearly Wall Street wants him to do the opposite.
The Biz Week That Was: Bears renew interest in Arlington Park, Trump tariffs cause global meltdown

Daily Herald report
Apr 05, 2025 2:04 pm - Back to the ‘burbs? Bears say Arlington Heights again in the mix for stadium site Chicago Bears brass Wednesday made another public shift in where their new stadium ...
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

By CHRISTOPHER RUGABER
Apr 04, 2025 1:57 pm - The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday.
OPEC+ stuns oil market with policy shift to drive down price

By Grant Smith, Fiona MacDonald, Salma El Wardany and Nayla Razzouk
Apr 04, 2025 1:19 pm - For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments last week, that role reversed dramatically.
Trump hits the golf course as the stock market plummets for a second straight day over tariffs

By FATIMA HUSSEIN and CHRIS MEGERIAN
Apr 04, 2025 12:06 pm - Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida.
US added a surprising 228,000 jobs in March as economy shows resilience in Trump trade wars

By PAUL WISEMAN
Apr 04, 2025 7:13 am - U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience as President Donald Trump wages trade wars, purges federal workers and deports immigrants working in the United States illegally. The unemployment rate ticked up to 4.2%.
Pritzker hopes trade mission to Mexico sparks new investment despite tariffs

By Ben Szalinski
Apr 03, 2025 3:31 pm - Gov. JB Pritzker wrapped up a four-day trip to Mexico City on Wednesday, hopeful a trade mission to Mexico will yield new economic development in Illinois, even as tariffs threaten the stability of the United States’ global trade.
Trump tariff price hikes could start with food, clothing, cars and coffee

By Abha Bhattarai, Shira Ovide
Apr 03, 2025 3:20 pm - Americans will bear the brunt of President Donald Trump’s newest tariffs, with price increases kicking in almost immediately on cars, clothing, electronics and other everyday goods. Here are some areas where consumers may start to see higher prices first.
Trump’s tariff push is a race against time, and potential voter backlash

By CHRISTOPHER RUGABER
Apr 03, 2025 12:55 pm - President Donald Trump's expansive new tariffs flips on its head a decades-long global trend of lower trade barriers and is likely, economists say, to raise prices for Americans by thousands of dollars each year while sharply slowing the U.S. economy.
Trump tariffs set to wipe out nearly $2 trillion from US stocks

Jeran Wittenstein, Carmen Reinicke and Matthew Griffin
Apr 03, 2025 8:26 am - Roughly $1.7 trillion is set to be erased from the S&P 500 Index when trading opens Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.

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