The Los Angeles Post
U.S. World Business Lifestyle
Today: April 10, 2025
Today: April 10, 2025

US Economy

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

No quarter for Wall Street

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Gold is homing in on its best quarter since 1986

No quarter for Wall Street
Business|Economy|Political|US

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate

The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
Business|Economy|US

US applications for unemployment benefits hold steady, remain in recent healthy range

U.S. applications for unemployment benefits held steady last week, a sign that the labor market remains healthy as companies continue to retain their employees

US applications for unemployment benefits hold steady, remain in recent healthy range
Business|Economy|Finance|US

US new home sales rebound in February

Sales of new U.S. single-family homes rebounded in February as warmer weather and a decline in mortgage rates pulled buyers from the sidelines, but growing uncertainty over the

US new home sales rebound in February
Business|Economy|Finance|Stock Markets|US

S&P 500 ends sharply higher, Nvidia and Tesla rally

The S&P 500 rose sharply to end at its highest in over two weeks on Monday, lifted by Nvidia and Tesla following signs that the Trump administration might take a more

S&P 500 ends sharply higher, Nvidia and Tesla rally
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: Wall Street gains ground after shaking off four-week losing streak

Stocks closed broadly higher as Wall Street navigates through the uncertainty of a trade war

Stock market today: Wall Street gains ground after shaking off four-week losing streak
Business|Economy|Finance|Political|US

US copper imports soar to 500,000 tons amid tariff threats, says Bloomberg

Mercuria estimates that about 500,000 tons of copper are heading to the U.S., against normal monthly imports of around 70,000 tons, triggered by the potential imposition of tariffs,

US copper imports soar to 500,000 tons amid tariff threats, says Bloomberg
Business|Economy|Finance|Political|US

Trump says Fed would be better off cutting rates as tariffs 'transition' into economy

U.S. President Donald Trump on Wednesday said the Federal Reserve would be better off cutting rates "as U.S. tariffs start to transition (ease!)

Trump says Fed would be better off cutting rates as tariffs 'transition' into economy
Business|Economy|Europe|Finance|Stock Markets|US

Policy fog sidelines Fed

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Like most of its central banking peers, the

Policy fog sidelines Fed
Business|Economy|Finance|Stock Markets|US

Feb retail sales rise less than expected after Jan mark down

U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the first quarter, though at a moderate pace as tariffs on imports and mass firings of federal

Feb retail sales rise less than expected after Jan mark down
Business|Economy|Finance|Political|Stock Markets|US

Turbulent week ends with Friday flourish

TRADING DAY Making sense of the forces driving global markets World markets on Friday ended another choppy week on an upbeat note as investors pushed

Turbulent week ends with Friday flourish
Business|Economy|Europe|Political|US

BMW sees earnings hit from US tariffs as EU warns against escalation

German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros ($1.09 billion) this year, while

BMW sees earnings hit from US tariffs as EU warns against escalation
Business|Economy|Food|Political|US

US coffee industry asks Trump administration to exempt product from tariffs

The United States' National Coffee Association asked the Trump administration to exempt the product from any tariffs, saying the already

US coffee industry asks Trump administration to exempt product from tariffs
Asia|Business|Economy|Finance|Stock Markets|Technology|US

Stocks sink with S&P 500 in correction, bonds in demand amid tariff angst

Global equities sank on Thursday with the

Stocks sink with S&P 500 in correction, bonds in demand amid tariff angst
Business|Economy|Europe|Political|US

Trump policy 'a tragedy for the American economy,' French central banker says

President Donald Trump's administration is inflicting more damage on the U.S. economy with its policies than on the rest of the world, France's central bank head said on Thursday.

Trump policy 'a tragedy for the American economy,' French central banker says
Economy|Finance|Political|Stock Markets|US

Many Americans see Trump's actions on economy as too erratic, Reuters/Ipsos poll finds

A majority of Americans believe President Donald Trump is being too “erratic” in his moves to shake up the U.S. economy, as his

Many Americans see Trump's actions on economy as too erratic, Reuters/Ipsos poll finds
Business|Economy|US

Fewer Americans file for jobless claims last week, signaling a still-healthy US labor market

The number of Americans filing for unemployment benefits fell slightly last week, indicating a still-healthy U.S. labor market

Fewer Americans file for jobless claims last week, signaling a still-healthy US labor market
Asia|Business|Economy|Finance|Stock Markets

Euro rises with Ukraine optimism while stocks fall on tariff uncertainty

Ukraine's acceptance of a U.S. proposal for a ceasefire with Russia briefly pushed the euro to a five-month high while equities fell in

Euro rises with Ukraine optimism while stocks fall on tariff uncertainty
Business|Economy|Finance|Stock Markets|US

US airlines slash earnings forecasts as economic concerns grow

More U.S. airlines cut their earnings estimates on Tuesday, following a similar announcement from Delta Air Lines, saying mounting economic

US airlines slash earnings forecasts as economic concerns grow
Business|Economy|Finance|Stock Markets|US

Nasdaq's Adena Friedman says IPO pipeline remains healthy

There is a healthy pipeline of U.S. initial public offerings, but investors are looking for more certainty in markets, Adena Friedman, chief executive officer at

Nasdaq's Adena Friedman says IPO pipeline remains healthy
Asia|Business|Economy|Finance|Political|Stock Markets

Stocks sink with bond yields as Trump fuels recession fears

Stocks slumped globally on Monday, while U.S. bond yields dropped as investor worries about the potential economic slowdown were

Stocks sink with bond yields as Trump fuels recession fears
Americas|Economy|Political|US

Ontario imposes 25% surcharge on electricity exports to US

The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to New York state, Michigan and Minnesota to protest against U.S.

Ontario imposes 25% surcharge on electricity exports to US
Business|Economy|Finance|Political|US

US Treasury's Bessent says economy may slow in shift away from public spending

U.S.

US Treasury's Bessent says economy may slow in shift away from public spending
Business|Economy|Political|US

Fed may need to stay patient on rates until summer, Bostic signals

New policies under the Trump administration are placing the U.S. economy in "incredible flux," Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday, and he suggested it is

Fed may need to stay patient on rates until summer, Bostic signals
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|Technology|US

Investors spy the dawn of a tectonic shift away from US markets

A historic global trade war, a proposed $1.2 trillion European fiscal bazooka and the emergence of China as tech race leader are upending global

Investors spy the dawn of a tectonic shift away from US markets
Business|Economy|Finance|Political|Stock Markets|US

Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs

Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a larger-than-expected build, adding a further

Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs
Business|Economy|Europe|Finance|Political

Euro surge has traders burning parity bets as Europe ramps up spending

The biggest three-day rally in the euro in over two years has sent analysts scrambling to rewrite their forecasts for the currency, as a surge in European

Euro surge has traders burning parity bets as Europe ramps up spending
Americas|Economy|Finance|Political|Stock Markets|US

Euro gains after German debt reform; US dollar falls

The euro climbed to a three-month peak against the U.S. dollar on Tuesday after Germany's conservatives and Social Democrats announced

Euro gains after German debt reform; US dollar falls
Business|Economy|Political|Stock Markets|US

Storm clouds gather over US economy as Trump kicks off trade war

A U.S. economy praised for its surprising resilience to a pandemic, high inflation, and rapid interest rate hikes faces a new challenge from President Donald

Storm clouds gather over US economy as Trump kicks off trade war
Business|Economy|Finance|Political|Stock Markets|US

US policy fog spells trouble

Morning Bid U.S.

US policy fog spells trouble
Business|Economy|Political|US

US goods trade deficit widens sharply in January

The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on

US goods trade deficit widens sharply in January
Business|Economy|Finance|MidEast|Political|Stock Markets|US

Here comes Tariff Man, again

Some of U.S.

Here comes Tariff Man, again
Asia|Business|Economy|Political|US

South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul

South Korea's acting President and Finance Minister Choi Sang-mok and U.S.

South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul
Business|Economy|US

US core capital goods orders beat expectations in January

New orders for key U.S.-manufactured capital goods surged in January, hinting at a rebound in business spending on equipment in the first quarter.

US core capital goods orders beat expectations in January
Business|Economy|Finance|Stock Markets|US|World

America First? Not when it comes to stock markets worldwide this year

When it comes to stock markets around the world, this year has clearly not been “America First.”

America First? Not when it comes to stock markets worldwide this year
Economy|Europe|Finance|Political|US

Investors bet on sharpest U.S.-Europe inflation divergence since 2022

Traders who bet on the future course of inflation foresee the sharpest divergence for three years between the U.S. and euro zone, driven by different growth paths

Investors bet on sharpest U.S.-Europe inflation divergence since 2022
Asia|Business|Economy|Finance|Stock Markets

Bond yields slide as US growth fears, tech rout snowball

A look at the day ahead in Asian markets.  Is the U.S. economy beginning to roll over?

Bond yields slide as US growth fears, tech rout snowball
Economy|Finance|Political|US

Growth worries put brakes on Treasury yields' ascent

A weakening economy and what looks to have been an overly aggressive "Trump trade" has led some Treasury market participants to reevaluate calls for how high U.S

Growth worries put brakes on Treasury yields' ascent
Business|Economy|Finance|Political|US

US Treasury's Bessent vows to re-privatize an economy that is 'brittle underneath'

U.S.

US Treasury's Bessent vows to re-privatize an economy that is 'brittle underneath'
Economy|Election|Europe|Finance|Political

Euro retreats from highs as German coalition talks eyed, dollar dips

The euro eased off highs from a brief rally on Monday as the focus shifted from the election victory of Germany's conservatives to how quickly a coalition

Euro retreats from highs as German coalition talks eyed, dollar dips
Asia|Business|Economy|Election|Finance|Political|Stock Markets

US growth fears compound tariff nerves

A look at the day ahead in Asian markets. 

US growth fears compound tariff nerves
Economy|Political|US

Trump's approval rating slips as Americans worry about the economy

U.S.

Trump's approval rating slips as Americans worry about the economy
Business|Economy|Finance|US

Column-Zoom out, and U.S. debt picture isn't so scary: McGeever

U.S. debt Cassandras can point to news of the country's record household debt figure last week as yet another sign that the day of reckoning for the

Column-Zoom out, and U.S. debt picture isn't so scary: McGeever
Americas|Business|Economy|US

Ahold Delhaize CEO says US tariffs on Canada, Mexico could drive prices up

Supermarket group Ahold Delhaize expects potential U.S. tariffs on Mexico and Canada could lead to price increases for American consumers on products from

Ahold Delhaize CEO says US tariffs on Canada, Mexico could drive prices up
Business|Economy|Political|US

Trump once again slaps taxes on foreign steel, aluminum, a move that proved costly in his first term

President Donald Trump is hitting foreign steel and aluminum with a 25% tax

Trump once again slaps taxes on foreign steel, aluminum, a move that proved costly in his first term
Business|Economy|Finance|Political|Stock Markets

Currencies deflect the tariff thrust: Mike Dolan

Hypersensitive currency swings to this week's "stop-go" U.S. tariff threats suggest a persistent offset to the new administration's trade stance that may just help

Currencies deflect the tariff thrust: Mike Dolan
Business|Economy|Political|US

Trump 2.0 marks 'quantum leap' on trade from first term, Navarro says

Members of U.S.

Trump 2.0 marks 'quantum leap' on trade from first term, Navarro says
Business|Economy|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
Americas|Business|Economy|Finance|US

Trump's proposed tariffs may mean higher costs for Canadian whisky in the US

Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as threatened tariffs -- postponed for a

Trump's proposed tariffs may mean higher costs for Canadian whisky in the US

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