Tag: Donald Trump
U.S. consumer confidence rebounds after five straight months of declines
WASHINGTON (AP) – Americans' views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level...
Tariff war not helping manufacturers
Local manufacturers were hopeful during pandemic-fueled supply chain disruptions for an eventual return of manufacturing jobs that were shifted overseas in previous decades.
But that’s...
R.I. manufacturers bracing for pain
As fluctuating tariff orders implemented by President Donald Trump’s administration continue to rattle the global economy, manufacturers in Rhode Island are bracing for higher...
Do you expect Rhode Island to avoid a recession this year?
With stocks recovering from tariff-induced lows and inflation cooling, can the Rhode Island economy avoid a recession this year?
There are economic signs to suggest...
U.S. consumer sentiment slides to 3-year lows as trade war raises...
WASHINGTON (AP) – U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that President Donald Trump's...
U.S. wholesale prices dropped 0.5% last month despite Trump’s tariffs
WASHINGTON (AP) – U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump's sweeping taxes on...
Inflation cooled in April as grocery and gas prices fell, few...
WASHINGTON (AP) – Inflation cooled for the third straight month in April even after some of President Donald Trump's tariffs took effect, though economists and many...
Trump signs executive order aimed to lower prescription drug costs
WASHINGTON (AP) – President Donald Trump on Monday signed a sweeping executive order setting a 30-day deadline for drugmakers to lower the cost of prescription drugs in the...
Federal Reserve official sees signs of slowing economy but not ready...
WASHINGTON (AP) – A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to...
Fishermen battling with changing oceans chart new course after Trump’s push...
STONINGTON, Maine (AP) – Virginia Olsen has pulled lobsters from Maine's chilly Atlantic waters for decades while watching threats to the state's lifeblood industry...
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