Economy
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Annual inflation rate was 2.3 percent in April, federal government
The annualized and month-to-month increases were in line with analysts' forecasts, according to CNBC.
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New car prices higher in April following tariffs
The average price consumers paid for new cars rose 2.5% from March to April, which is more than double the typical 1.1% increase over those two months in recent years.
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U.S., China drop high tariffs, agree to 90-day pause
The U.S. agreed to drop its 145% tariff rate on Chinese goods down to 30%, while China agreed to lower its tariff rate on U.S. goods from 125% to 10%.
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China exempts a few semiconductors made in US from tariffs
President Donald Trump said the U.S. is having discussions with China about a tariff deal. Bejing has denied these claims.
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Once a tariff critic, economist Steve Moore now backs Trump's policy: 'Buy America, sell China'
"We need to start a movement of Buy America, sell China," Moore said. "This is something every one of us as individuals can do to change the direction of what's going on in our country."
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Home sales post 5.9% drop ahead of spring selling season
Sales decreased in all four major U.S. regions.
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Treasury Secretary Bessent says opportunity for 'big deal' with China, amid trade-tariff talks
Bessent said that Bejing's economic market isn't stable, and both countries need a strategy to benefit both nations.
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Trump says China tariffs will decrease 'substantially'
The statement from Trump potentially signals a shift in the ongoing trade war with China.
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Pharmaceuticals company from Switzerland to invest $50 billion in US over next 5 years
The new manufacturing facilities will be in Indiana, California, Pennsylvania and Massachusetts.
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Dow Jones closes with a 971-point loss amid Trump, Powell conflict
The Dow closed the day with a 2.48% drop, while the S&P 500 and the Nasdaq Composite closed with 2.36% and 2.55% losses respectively.
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Dow Jones drops 1,000 points in early trading amid Trump's tariffs and criticism of Fed Chair Powell
The Nasdaq composite also sank to 2.9%.
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Everyday Economics: This week's housing headlines likely will be misleading. Here's Why.
New reality is modest price adjustments coexist with steady sales growth and localized strength.
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Trump says tariff deal with China could come within three to four weeks
Trump told reporters Thursday that China has been reaching out "a lot" since the two countries began raising tariffs on each other.