Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…
Expect To Pay More For These Items As Trump Tariffs Take Effect Expect To Pay More For These Items As Trump Tariffs Take Effect
Expect To Pay More For These Items As Trump Tariffs Take Effect US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect as of midnight Tuesday, March 4. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 20 percent.  Mexico and Canada account for about 70 percent of US crude oil imports. Earlier Report: Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears Now, many economists are warning that American consumers will be paying more for a host of staple ite…
Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say
Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say Shoppers at Best Buy and Target should prepare for higher prices as new tariffs on imports from Mexico, Canada, and China disrupt supply chains, according to the companies' CEOs. The heads of the retail giants sent out warnings about likely price hikes for everything from fresh produce to expensive electronics. On Tuesday, Mar. 4, President Donald Trump officially enacted 25 percent tariffs on goods from Mexico and Canada, along with raising tariffs on Chinese imports to 20 percent. Best Buy CEO Corie Barry said the chain heavily relies on China and Mexico as its top two…
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight'
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, and China are responding to President Donald Trump officially placing tariffs on the three nations, escalating tensions with the US's key trading partners and increasing concerns about rising costs for American consumers. The US officially imposed 25 percent tariffs on Canadian and Mexican goods on Tuesday, Mar. 4. On the same day, the US also raised tariffs on Chinese imports to 20 percent. On his social media platform Truth Social, Trump claimed the solution to the trade wars is bringing more businesses into the country. "IF COMPANIES MOVE TO THE UNITED STATES, THERE ARE …
New Coronavirus Resembling COVID-19 Discovered In Bats In China New Coronavirus Resembling COVID-19 Discovered In Bats In China
New Coronavirus Resembling Covid-19 Discovered In Bats In China A coronavirus similar to SARS-CoV-2, the virus that causes COVID-19, has been discovered in bats in China. Lab studies at the Wuhan Institute of Virology in China show it may have the potential to infect humans. The HKU5-CoV-2 virus resembles COVID because it targets the same human receptor, angiotensin-converting enzyme (ACE2), according to research published in the scientific journal Cell. The virus doesn't enter human cells as easily as COVID, the researchers said. The Centers for Disease Control and Prevention (CDC) said on Monday, Feb. 24 that there is no reason to believe…
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…
New Poll Shows Approval Drop In Trump's Handling Of Economy New Poll Shows Approval Drop In Trump's Handling Of Economy
New Poll Shows Approval Drop In Trump's Handling Of Economy As economic uncertainty looms, a new poll shows President Donald Trump's approval rating has slipped, with growing numbers of Americans expressing concern over the nation's financial direction. The Reuters/Ipsos poll, which surveyed 4,145 US adults nationwide over a six-day period ending Tuesday, found Trump's overall approval rating at 44 percent, down from 45 percent in a poll conducted Friday, Jan. 24 to Sunday, Jan. 26.  His disapproval rating climbed to 51 percent, a notable increase from 41 percent in polling taken just after he returned to the White House on Monday, Jan. 20 to T…
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Just hours after a similar agreement was reached with Mexico, the United States has agreed to paused planned tariffs on Canadian goods for 30 days. The deal was reached late Monday afternoon, Feb. 3 after President Donald Trump and Canadian Prime Minister Justin Trudeau concluded their second conversation of the day. "I just had a good call with President Trump," Trudeau said in a statement announcing that Canada is implementing a $1.3 billion border plan  "reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increase…
US, Mexico Reach Deal To Delay 25% Tariffs US, Mexico Reach Deal To Delay 25% Tariffs
US, Mexico Reach Deal To Delay 25% Tariffs Mexico and the US have reached an agreement to delay steep tariffs that were set to take effect on Tuesday, Feb. 4. Click here for a new, updated story: Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Mexican President Claudia Sheinbaum announced the deal Monday morning, Feb 3. It will pause the 25 percent levies for a month, and follows negotiations between Mexican officials and the Trump administration on border security and drug trafficking.  Mexico committed to deploy 10,000 troops dedicated to stopping illegal drugs and migrants from…
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect after President Trump signed an order late Saturday afternoon, Feb. 1. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 10 percent. Canada also has an adjusted 10 percent rate for energy products, include crude oil. Mexico and Canada account for about 70 percent of US crude oil imports. Now, many economists are warning that American consumers will be paying more for a host of staple i…
Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much
Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much Donald Trump's months-long threats of implementing tariffs on other countries are apparently hours away from becoming a reality. Click here for a new, updated story - Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say White House Press Secretary Karoline Leavitt announced at a news conference Friday afternoon, Jan. 31 that both of America's neighbors, Canada and Mexico, will be slapped with 25 percent tariffs on goods. A third nation, China, America's main economic rival, will be hit with 10 percent tariffs. They take effect on Saturday, Feb. 1, and are "for …
Amazon-Sold Crib Poses Deadly Risks To Babies, CPSC Warns Amazon-Sold Crib Poses Deadly Risks To Babies, CPSC Warns
Amazon-Sold Crib Poses Deadly Risks To Babies, Cpsc Warns Federal regulators are warning that a convertible crib sold on Amazon has several serious safety risks to babies, officials said. The Consumer Product Safety Commission warned that the Hermixa 6-in-1 Convertible Crib violates multiple federal safety standards, the federal agency said in a news release on Thursday, Jan. 30. The product was sold by Zhang Jun of China and manufactured by Shucheng Aidou Trading Co. The crib was available on Amazon from February to August 2024 for about $250. The CPSC said the crib has potential dangers that could lead to entrapment, fal…