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Wall Street drifts as stock markets worldwide take Trump's new tariffs in stride

By STAN CHOE
Aug 07, 2025 11:57 am - Stocks are slipping on Wall Street Thursday after President Donald Trump’s latest tariffs took effect on dozens of countries.
The Bank of England cuts its main interest rate to 4%, the lowest level since March 2023

Aug 07, 2025 6:50 am - The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.
Trump’s broad tariffs go into effect, just as economic pain is surfacing

By JOSH BOAK
Aug 07, 2025 6:37 am - President Donald Trump began levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy.
McDonald’s says its focus on value — and a must-have Minecraft meal — boosted second-quarter sales

By DEE-ANN DURBIN
Aug 06, 2025 6:50 am - A focus on value — along with hot products like a “Minecraft”-themed meal — helped McDonald’s turn around its sagging sales in the second quarter.
Trump says he doesn't trust the jobs data, but Wall Street and economists do

By CHRISTOPHER RUGABER
Aug 05, 2025 2:10 pm - The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it.
Dow leaps 585 points as US stocks win back most of Friday's wipeout

By STAN CHOE
Aug 04, 2025 12:43 pm - U.S. stocks rallied on Monday and won back most of their sharp loss from last week, when worries about how President Donald Trump’s tariffs may be punishing the economy sent a shudder through Wall Street.
Wall Street slumps and bond yields sink following weak hiring numbers and new tariffs

By DAMIAN J. TROISE
Aug 01, 2025 10:15 am - Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.
Trump’s new tariffs give some countries a break, while shares and US dollar sink

By ELAINE KURTENBACH
Aug 01, 2025 7:40 am - U.S. President Donald Trump’s new tariff rates of up to 41% on U.S. imports from dozens of countries drew expressions of relief Friday from some countries that negotiated a deal or managed to whittle them down from rates announced in April. Others expressed disappointment or frustration over running out of time after hitting Trump's Aug. 1 deadline for striking deals with America’s trading partners.
Wall Street coasts for now ahead of a week packed with potential flashpoints

By STAN CHOE
Jul 28, 2025 9:53 am - U.S. stock indexes are drifting on Monday after the United States agreed to tax cars and other products coming from the European Union at a 15% rate, lower than President Donald Trump had earlier threatened. Many details are still to be worked out, though, and Wall Street is heading into a week full of potential flashpoints that could shake markets.
Wall Street’s winning week ends with more records for US stocks

By STAN CHOE
Jul 25, 2025 3:54 pm - U.S. stocks capped another strong week with more records on Friday. The S&P 500 rose 0.4% to set an all-time high, the fifth time it did so this week. The Dow Jones Industrial Average climbed 208 points, or 0.5%, and the Nasdaq composite added 0.2% to its own record set the day before.

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