Tag: Donald Trump
Supreme Court strikes down Trump’s sweeping tariffs, upending central plank of...
WASHINGTON (AP) – The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his...
U.S. trade deficit slipped to $901B last year amid Trump tariffs
WASHINGTON (AP) – The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double...
CBO: Federal deficits and debt to worsen over next decade
WASHINGTON (AP) – The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social...
U.S. adds surprising 13K jobs last month yet revisions cut hundreds...
WASHINGTON (AP) – U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands.
The unemployment...
U.S. producer prices rose 0.5% in December, more than expected, on...
WASHINGTON (AP) – U.S. wholesale prices rose a hotter-than-expected 0.5% in December.
The Labor Department reported Friday that its producer price index – which measures inflation before it hits...
CLOUD COVER: PBN survey: Most R.I. businesses bracing for rough times...
When it comes to the economy, Brenda Jacob has a laundry list of challenges that don’t seem to be getting easier.
She feels like regulations,...
Will R.I.’s pioneering clean energy goal be delayed?
Rhode Island was the first state to commit to a 100% renewable energy goal by 2033, but Gov. Daniel J. McKee’s administration is attempting...
For ‘unbanked,’ ending tax refund checks presents big problem
More than 6 million Americans receive paper tax refund checks annually. Often, those refunds go to purchase groceries or pay the bills. But this...
Federal Reserve keeps interest rates unchanged
WASHINGTON (AP) – The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6%...
Businesses face pressure to respond to immigration enforcement while also becoming...
From family-run cafes to retail giants, businesses are increasingly coming into the crosshairs of President Donald Trump’s mass deportation campaign, whether it's public pressure for them...
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