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Great Lakes Region Prepares for More Snow

ORCHARD PARK, N.Y. — Parts of the Great Lakes region saw new snow Dec. 2 and faced the prospect of even more this week after U.S. travelers battled harsh weather to get home after Thanksgiving.

December 2, 2024

European Markets Slide on Trump’s Trade War Warning

Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.

November 27, 2024

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024

Goldman Warns of Consequences From Canada Tariff Plan

The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S., said Daan Struyven, the head of commodities research for Goldman.

November 27, 2024

Consumer Spending Powers Q3 US GDP Growth to 2.8%

Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Nov. 27.

November 27, 2024

Federal Reserve Officials Signal Cautious Path for Rate Cuts

WASHINGTON — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves.

November 26, 2024

Citigroup: Trump Tariffs to Drive Up Aluminum, Steel Prices

President-elect Donald Trump’s plan to impose 25% tariffs on all goods from Canada and Mexico will push up steel and aluminum prices across the U.S., according to Citigroup analysts.

November 26, 2024

Stellantis Might Shutter UK Van Plant Over EV Rules

Stellantis had already threatened to pull the plug on its U.K. operations, warning about the impact of what it says are the country’s too stringent EV targets.

November 26, 2024

US Consumers More Confident About Jobs, Economy

A gauge of present conditions increased to an eight-month high. The group’s measure of expectations for the next six months edged to an almost three-year high.

November 26, 2024