Consumer confidence sinks for fifth month in a row to lowest since May 2020
Consumers are more pessimistic about business conditions, employment prospects and future income - and there's one sign that usually signals a recession ahead.
Trump to Soften Blow of Automotive Tariffs
After negotiations, companies paying Trump's car tariffs won't also be charged for other levies.
Dow Industrials Lead U.S. Stocks Higher
Stocks climbed as investors await further updates on how President Trump's trade policies will impact the economy and corporate earnings.
Key Econ Data Releases Will Hint at Tariffs' Effects-With Caveats
The days ahead bring updates on economic growth, personal income and spending, inflation and the labor market, set to reveal more of how people and businesses prepared for and responded to the first few weeks of the steep tariffs President Trump enacted in April.
U.S. job openings fall to 6-month low - and that was before the trade wars. It may get worse.
The number of job openings in the U.S. fell in March to a six-month low just as some of the Trump administration's tariffs began to kick in, but the big question is what will happen in the coming months as the trade wars drag on.
Commodity Prices Set to Tumble as Tariffs Slow Global Economy
The World Bank said it expects commodity prices to fall sharply this year and next as rising tariffs lead to a slowdown in the global economy.
China Offers Olive Branch to U.S. Firms After Boeing Delivery Halt
Beijing is willing to support normal business cooperation with American firms, China's commerce ministry said, coming days after Chinese airlines were ordered to stop taking delivery of Boeing aircraft.
China's Top Oil Companies Flag Weak Demand, Lower Crude Prices
PetroChina, the listed arm of state-owned China National Petroleum Corp., said Tuesday that its net profit rose 2.3% from a year earlier to 46.81 billion yuan, equivalent to $6.42 billion.
U.S. trade deficit in goods soars to all-time high as businesses aimed to beat Trump tariffs
U.S. businesses brought in a new high of foreign goods in March for the fourth month in a row as they tried to beat price increases tied to the Trump tariffs - all but assuring a weak GDP report in the first quarter.
Eurozone Business Sentiment Takes Hit From Tariffs
The services, industrial and construction sectors all saw worsening sentiment compared with March, as did consumer confidence.
(END) Dow Jones Newswires
April 29, 2025 15:00 ET (19:00 GMT)
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