The Los Angeles Post
U.S. World Business Lifestyle
Today: April 08, 2025
Today: April 08, 2025
CHRISTOPHER RUGABER

CHRISTOPHER RUGABER

Staff Writer

Latest From CHRISTOPHER RUGABER

Business|Economy|Finance|Political|Stock Markets|US

Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

Will the tariffs lead to a recession? Here's how to know if we're in one
Business|Economy|Finance|Political|Stock Markets|US

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
Business|Economy|Political|US

Trump’s tariff push is a race against time, and potential voter backlash

President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers that will likely raise prices for U.S. consumers and threatens to sharply slow the economy this year

Trump’s tariff push is a race against time, and potential voter backlash
Business|Economy|Political|US

Answering your questions about President Trump's vast new tariffs

After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States

Answering your questions about President Trump's vast new tariffs
Business|Economy|Finance|Political|Stock Markets|US

Trump's 'Liberation Day' is unlikely to free businesses from uncertainty surrounding trade policy

President Donald Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the United States

Trump's 'Liberation Day' is unlikely to free businesses from uncertainty surrounding trade policy
Business|Economy|Political|US

US consumers remained cautious about spending last month as inflation ticked higher

An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt

US consumers remained cautious about spending last month as inflation ticked higher
Business|Economy|Finance|Political|US

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though more policymakers forecast fewer cuts

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Business|Political|US

Trump fires 2 Democrats on the Federal Trade Commission, seeking more control over regulators

President Donald Trump has fired two Democratic members of the Federal Trade Commission, intensifying efforts to exert his administration’s control over independent agencies across the government

Trump fires 2 Democrats on the Federal Trade Commission, seeking more control over regulators
Economy|Finance|Political|US

Trump names Bowman as top Federal Reserve bank regulator

President Donald Trump on Monday nominated Michelle Bowman to oversee the Federal Reserve’s financial regulatory efforts, a move that could lead to looser rules for large banks

Economy|Finance|Political|US

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

The Federal Reserve and its chair, Jerome Powell, are potentially headed to a tough spot as it prepares to meet Tuesday and Wednesday

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week
Business|Economy|Political|US

Americans increased spending tepidly last month as anxiety over the economy takes hold

U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount

Americans increased spending tepidly last month as anxiety over the economy takes hold
Business|Economy|Political|US

Whipsawed by Trump's tariffs, the US public is getting a lot more nervous about the economy

President Donald Trump’s volatile tariff threats are unleashing historic jumps in public anxiety

Whipsawed by Trump's tariffs, the US public is getting a lot more nervous about the economy
Business|Finance|Political|US

Trump to name Michelle Bowman as top bank regulator at Federal Reserve, AP source says

The Trump administration is expected to choose Federal Reserve governor Michelle Bowman to be the central bank’s top financial regulator, according to a person familiar with the decision

Business|Economy|Political|US

US inflation cooled last month, though trade war threatens to lift prices

U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked in Wednesday that could send prices higher

US inflation cooled last month, though trade war threatens to lift prices
Business|Economy|Finance|Political|Stock Markets|US

Explainer: What's a recession and why is rising anxiety about it roiling markets?

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession

Explainer: What's a recession and why is rising anxiety about it roiling markets?
Business|Economy|Finance|Political|US

Fed Chair Powell says interest rates on hold with economic uncertainty widespread

Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve

Fed Chair Powell says interest rates on hold with economic uncertainty widespread
Business|Economy|Political|US

Trump changes course and delays some tariffs on Mexico and Canada

President Donald Trump has postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war

Trump changes course and delays some tariffs on Mexico and Canada
Business|Economy|Finance|Political|US

Trump’s tariff tactics carry higher economic risks than during his first term

When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade

Trump’s tariff tactics carry higher economic risks than during his first term
Business|Economy|Finance|Political|US

Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests

Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy

Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests
Economy|Political|US

Could Trump really return DOGE savings to taxpayers?

An idea first proposed on social media has bubbled up to the White House and received President Donald Trump’s enthusiastic endorsement: Take some of the savings from billionaire Elon Musk’s drive to cut government spending and return it to taxpayers

Could Trump really return DOGE savings to taxpayers?
Economy|Finance|Political|US

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Business|Economy|Political|US

Trump's reciprocal tariffs will overturn decades of trade policy

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades

Trump's reciprocal tariffs will overturn decades of trade policy
Business|Economy|US

US retail sales plunged along with temperatures in January after a bustling holiday season

U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores

US retail sales plunged along with temperatures in January after a bustling holiday season
Economy|Finance|Political|US

The latest inflation report shows that high prices are Trump's major economic challenge

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected

The latest inflation report shows that high prices are Trump's major economic challenge
Business|Economy|Finance|Political|US

Powell says Trump's comments won't affect interest rate decisions by the Fed

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions

Powell says Trump's comments won't affect interest rate decisions by the Fed

Follow