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Consumer sentiment sours amid trade war, recession fears: Survey

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(NEW YORK) -- Consumer attitudes soured in March alongside slumping markets and growing concern about a possible recession, University of Michigan survey data on Friday showed. Sentiment worsened more than economists expected.The figure marked the third consecutive month of dampening consumer attitudes, data showed.Expectations... Read More.

Stock market teeters amid trade war, recession fears

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(NEW YORK) -- U.S. stocks teetered in early trading on Wednesday, posting shaky performance amid an escalating global trade war and concerns about a possible recession.After some initial modest gains, the Dow Jones Industrial Average fell 330 points, or 0.8%, while the S&P 500... Read More.

Major US airlines warn demand is slowing

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(NEW YORK) -- The major U.S. airlines thought they were going to have a strong first quarter, but things are not going as well as expected.Each of the major U.S. airlines has put out guidance pointing to significant economic uncertainty that is directly affecting... Read More.

US imposes 25% tariffs on steel, aluminum imports

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(WASHINGTON) -- U.S. tariffs on imported steel and aluminum are now in effect, part of an escalating series of trade maneuvers by President Donald Trump that have unsettled markets.As of Wednesday, the U.S. is imposing 25% tariffs on all steel and aluminum imports from... Read More.