Economy

Economy

A look at the economics of President Trump's trade war

4:21am April 08, 2025

by Leila Fadel

President Trump's trade war is rattling businesses and financial markets around the world, and many investors are eager to see an off-ramp. So what are the economics of this trade war?

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American Giant CEO says China tariffs are 'overdue' but warns of industry confusion

4:21am April 08, 2025

by Leila Fadel

American Giant sources and makes most of its products in the U.S. Its CEO says tariffs on China were overdue, but he worries the wide range will cause confusion about the global textile supply chain.

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How a false X post about pausing tariffs led to multitrillion-dollar market swings

6:14pm April 07, 2025

What began as a misquoted Fox News interview led to a flood of false and misleading posts on X. Before it was corrected, stock markets rallied then plummeted again.

NPR: Tariffs effects on Asian grocery stores

'Every day, every single customer': Tariffs hit close to home inside Asian grocers

5:28pm April 07, 2025

by Juliana Kim

Asian grocery stores are a lifeline to the communities they serve. But store owners say the prospect of sweeping tariffs are threatening their ability to stock up on goods and keep prices affordable.

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Economy

Trump's tariffs spark Wall Street pushback

4:02pm April 07, 2025

by Maria Aspan

The U.S. stock market sank for the third consecutive day, as Wall Street CEOs started raising the alarm.

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Tariffs are fueling fears of a recession. What does it take to actually declare one?

2:39pm April 07, 2025

The Trump administration's tariffs are fueling concerns about a potential recession, with several major banks increasing their forecasts. What is recession and who declares one?

They had left their DEI roles. Trump still fired them

1:54pm April 07, 2025

The Trump administration is firing hundreds and perhaps thousands of federal workers as part of a crackdown on diversity, equity and inclusion efforts. Many of the fired weren't in DEI jobs.

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JPMorgan Chase CEO Jamie Dimon Speaks At The Institute Of International Finance In Washington, D.C.

Wall Street leaders warn of harsh economic consequences from Trump's tariffs

1:37pm April 07, 2025

The business sector has tried to avoid criticizing Trump in public and welcomed his vows of lower taxes and deregulation, but the market sell-off appears to have loosened more tongues on Wall Street.

Economy

Should investors be worried about the markets falling? We asked an expert

10:29am April 07, 2025

by Steve Inskeep

NPR's Steve Inskeep speaks with Sam Stovall, chief investment strategist at CFRA Research, about how markets are reacting to the Trump administration's sweeping tariffs.

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Trump's tariffs complicate the Switch 2 launch, says Nintendo of America president

9:30am April 07, 2025

Some retailers appear to be cancelling preorders for the Nintendo Switch 2 ahead of the console's launch June 5. Nintendo of America President Doug Bowser spoke to us about how an ongoing trade war is impacting the Switch 2's release.