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Meta claims it has no monopoly as landmark antitrust trial gets underway

(WASHINGTON) -- Lawyers for Meta told a federal judge on Monday that the social media company founded by billionaire Mark Zuckerberg is not a monopoly, countering a landmark lawsuit brought against it by the Federal Trade Commission accusing the tech giant of gobbling up ...
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Global stock markets up amid Trump tariffs exemptions for electronics

(NEW YORK) -- Major stock markets in Asia and Europe rose in Monday trading following the U.S. announcement that key consumer electronics would be temporarily exempted from President Donald Trump's reciprocal tariffs.Hong Kong's Hang Seng index led the regional gains, closing 2.4% up with ...
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US stocks climb, shrugging off China trade war and consumer fears

(NEW YORK) -- U.S. stocks climbed on Friday, shrugging off new Chinese tariffs on American goods that intensified a trade war between the two largest economies in the world.The Dow Jones Industrial Average jumped 808 points, or 2%, while the S&P 500 surged 2.1%. ...
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Stocks wobble as new Chinese tariffs on US goods intensify trade war

(NEW YORK) -- U.S. stocks seesawed between gains and losses in early trading on Friday as new Chinese tariffs on American goods intensified a trade war between the two largest economies in the world.The Dow Jones Industrial Average dropped 103 points, or 0.25%, while ...
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Baristas, chocolatiers caught in trade war cross fire

(NEW YORK) -- Americans' love affair with coffee and chocolate could soon get a lot more expensive.Baristas and confectioners say the beans they need to make their products are mostly grown in countries targeted by the Trump administration's tariffs.According to the U.S. Department ...
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Stocks slip as new Chinese tariffs on US goods intensify trade war

(NEW YORK) -- U.S. stocks inched lower in early trading on Friday as new Chinese tariffs on American goods intensified a trade war between the two largest economies in the world.The Dow Jones Industrial Average dropped 96 points, or 0.25%, while the S&P 500 ...
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Trumps tariffs still risk inflation and recession as China trade war looms, experts say

(WASHINGTON) -- President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession, ...
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Inflation cooled but egg prices soared in March, before Trumps tariff escalation

(NEW YORK) -- Consumer prices rose 2.4% in March compared to a year ago, marking a cooldown during a period that preceded the recession warnings and market turmoil following President Donald Trump's recent escalation of tariffs. The reading came in lower than economists expected.Even ...
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Billionaire Trump backer Bill Ackman issues dire warning over tariffs

(NEW YORK) -- Hedge fund honcho Bill Ackman has joined a growing list of President Donald Trump's billionaire backers calling for the White House to slam the brakes on tariffs.As the Trump administration's reciprocal tariffs went into effect Wednesday, triggering retaliatory reactions from China and ...
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Uncertainty looms over US housing market in wake of Trump tariffs

(RALEIGH, N.C.) -- In the Research Triangle area in and around Raleigh, North Carolina, home sales and construction development are booming as thousands flock to the area in search of affordable homes close to work.However, the severe tariffs President Donald Trump put on virtually ...
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