ARLINGTON, Va. — Federal Reserve Chairman Jerome Powell said Friday that President Donald Trump's "Liberation Day" global tariffs will lead to "higher inflation and slower growth" in the coming months.

"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible that the effects could be more ...Read more

DETROIT — In a company town that’s seen more than its share of economic hardship, President Donald Trump’s Tariffpalooza could get ugly for Detroit real fast.

It's a presidential choice, marked Thursday by plunging stock markets around the world not seen since the outbreak of COVID-19. Just hours after Trump unveiled import taxes against ...Read more

The parent of Chrysler, Dodge, Jeep and Ram on Friday said it's following Ford Motor Co.'s lead in offering employee discount pricing to its customers in the wake of tariffs being instituted on imported vehicles.

Stellantis NV's offering will run through the end of the month, the automaker confirmed in a statement. The promotion comes a day ...Read more

SAN JUAN, Puerto Rico — Honda is more than an appliance maker. It has thrilled enthusiasts with racy motorbikes, Civic Type Rs, S2000 sports cars on road — dirt bikes, FourTrax ATVs, Talon side-by-sides off-road.

Now it has an armored, dirt-kicking SUV to tow them. Say hello to the rugged all-wheel-drive Passport SUV with standard orange ...Read more

The Toyota Land Cruiser returns for a second season in its current iteration, a slimmed-down SUV that lacks the V-8 engine and opulent interiors previously offered. While previously Land Cruiser was priced similarly to its Lexus sibling, that changed for 2024 when Toyota switched the truck architecture used for the Toyota 4Runner, Sequoia, ...Read more

Hyundai’s Santa Fe entered its fifth-generation with a radical, boxy new look, some even comparing it to the pricier and rugged Land Rover.

The 2025 Santa Fe is undeniably cool, accented by its H-pattern hazard lights up front and taillights in the rear. Coming off a redesign last year, the midsize SUV has a broad but short front grille, ...Read more

From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and more, President Donald Trump has never made a secret of his goal to make sweeping changes to the U.S. tax code.

During his first stint in office, Trump massively overhauled tax law by passing the Tax Cuts and Jobs Act, or ...Read more

Target’s latest limited collection is with Kate Spade New York.

The collection, which will include clothing, home and entertainment items, will be available on Target.com and in most Target stores beginning April 12.

“Kate Spade New York has always been rooted in joy. Our products deliver a distinct point of view that blends effortless ...Read more

The “America First” trade is unraveling in the sweeping turmoil in global markets, with stocks acutely exposed to the U.S. economy sinking alongside the dollar. As Wall Street’s rebellion against Donald Trump’s tariff war intensifies, traders are rushing into fixed-income havens.

About $2 trillion was erased from the S&P 500, with the ...Read more

In a battle of corporate behemoths, an arm of UnitedHealth Group claims it will lose access to critical software unless it capitulates to “exorbitant” price increases demanded by vendor Broadcom Inc.

United Healthcare Services sued Broadcom Wednesday over software that is “ubiquitous” throughout the Minnesota-based health insurer’s ...Read more

Stellantis NV is pausing production at some of its Canadian and Mexican assembly plants as new U.S. tariffs placed on automotive imports take effect — a move that is set to trigger about 900 temporary layoffs at several of the automaker's American powertrain and stamping facilities.

An email sent to Stellantis employees from North American ...Read more

DETROIT — General Motors Co. is increasing production of full-size pickup trucks at its assembly plant near Fort Wayne, Indiana, and hiring hundreds of temporary employees, according to a company source.

The automaker declined to specify how much production it's adding of the Chevrolet Silverado 1500 and GMC Sierra 1500, or exactly how many ...Read more

The "America First" trade is unravelling in the sweeping market selloff, with stocks acutely exposed to the U.S. economy plunging along with the dollar.

Wall Street’s rebellion against Donald Trump’s tariff war is intensifying, spurring a flight into fixed-income havens. The Russell 2000 Index, a gauge of small-capitalization companies, ...Read more

Los Angeles has long funneled masses of tourists to Las Vegas, providing much of the fuel for the casino-heavy economy here.

But L.A. also has a more permanent foothold in Southern Nevada.

The city of Los Angeles owns a portfolio of real estate within about 30 miles of the Las Vegas Strip, property records show, underscoring decades-old ties ...Read more

New York-based hedge fund Pretium Partners is most likely the single largest homeowner in Clark County, according to an investigation of property records.

Pretium-owned Progress Residential, a homes-for-rent management company, owns at least 3,190 homes in the county as of the end of February, according to property record data confirmed by ...Read more

Repercussions from Donald Trump’s tariff war spread across global markets Thursday, knocking down stocks and spurring a flight into fixed-income havens. U.S. equities and the dollar bore the worst selling on speculation the president’s trade offensive will stunt the American economy.

About $2 trillion was erased from the S&P 500, with the ...Read more

Starting Thursday, Ford Motor Co. is extending employee pricing discounts to customers on most of its U.S. lineup, including foreign-built models, just as the Trump administration imposes 25% tariffs on imported vehicles.

The "From America, For America" campaign offers what is known as "A Plan" pricing and is expected to run through June 2. It ...Read more

Qualcomm, the San Diego-based company designing chips that power smartphones, laptops, virtual reality headsets and next-generation cars, acquired a Vietnamese startup for its generative artificial intelligence technology.

The local firm announced the acquisition Tuesday as part of its effort to expand its research and development of generative...Read more