Dow drops 1,200 and global markets tumble over impact of Trump's trade war
Dow drops 1,200 and global markets tumble as worries deepen about economic impact of Trump's trade war.
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Dow drops 1,200 and global markets tumble as worries deepen about economic impact of Trump's trade war.
President Donald Trump had a TikTok deal in place Wednesday for the appβs operations to be spun off into a new company based in the U.S. and owned and operated by a majority of American investors, with ByteDance maintaining a minority positions.
The worldwide sell-off for financial markets is slamming into an even higher, scarier gear. The S&P 500 tumbled 5.7% Friday, the Dow Jones Industrial Average plunged 2,100 points and the Nasdaq composite dropped 5.7%.
A North Carolina appeals court has sided with the trailing candidate in a close state Supreme Court election from November.
US Fed Chair Jerome Powell says the Trump administrationβs expansive new tariffs will likely lead to higher inflation and slower growth. Powell said Friday that the tariffs, and their impacts on the economy and inflation, are βsignificantly larger than expected.β
Two North Carolina State University international students have fled the United States after their visas were revoked. It happened as the Trump administration's crackdown on immigration escalates.
Stock markets worldwide are careening even lower after China matched President Donald Trumpβs big raise in tariffs in an escalating trade war.
The Justice Department quietly decided in the final weeks of the Biden administration not to prosecute Texas Attorney General Ken Paxton.
President Donald Trump that Elon Musk would likely leave his administration in βa few months."
Pentagon acting inspector general announces investigation into Defense Secretary Pete Hegseth's use of Signal chat for Houthi attack plans.
As a condition for receiving federal money, the Trump administration is ordering K-12 schools to certify that they are following federal civil rights laws and eliminating diversity, equity and inclusion practices.
Financial markets around the world are reeling following President Donald Trumpβs latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
The City of Rock wants to find a new owner for a property that once belonged to the Carolina Panthers. The Rock Hill Planning Commission voted unanimously during a meeting Tuesday to recommend that 215 acres of land at 2394 Eden Terrace.Β
The reciprocal tariffs announced by U.S. President Donald Trump have initially been met with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.
President Donald Trump has announced plans for sweeping tariffs, saying βour country has been looted, pillaged, raped, plunderedβ by other nations.
Elon Musk and President Donald Trump have recently suggested that the billionaire entrepreneur's time in the administration might be running out.
After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike.
A federal judge has dismissed New York City Mayor Eric Adamsβ corruption case.
Attorneys general from 23 states, including NC, and the District of Columbia are suing the Trump administration for its decision to claw back $11 billion that went to public health departments for COVID-19 efforts and addiction and mental health programs.
With President Donald Trumpβs so-called βLiberation Dayβ of tariff implementation fast approaching, Senate Democrats are putting Republican support for some of those plans to the test by forcing a vote to nullify the emergency declaration that underpins the tariffs on Canada.
