Page Updated: Wednesday, April 30, 2025 7:21 AM ET
Christian Science Monitor - Business
Markets falter as Trump attacks Fed's independence – and its chair -- The selloff of U.S. assets continued as President Trump stepped up threats for Fed Chair Powell to drop interest rates to spur the economy or lose his job.
8 days ago
California designs a trade plan to blunt tariffs. Be careful, China expert says. -- California Gov. Gavin Newsom says that to protect its economy from tariffs, the state can make its own trade deals with China. Orville Schell, director of the Center on U.S.-China Relations at the Asia Society, says California has to step carefully to avoid working against federal government interests.13 days ago
Why Trump's 'madman theory' tactics could run aground amid trade reversals -- Is there a method behind the Trump administration's madness? Yes, on both negotiation tactics and long-term economic strategy. But the path to get there is not only rocky; it's full of pitfalls.14 days ago
Tariff chaos tests the status of Treasury bonds as a haven of safety -- The normally staid bond market's latest gyrations suggest that foreign governments, banks, and investors are losing confidence in the U.S. – and upset over President Trump's tariff program.18 days ago
From cellphones to cars, some shoppers stock up before tariffs inflate prices -- Many Americans are cutting back on services and focusing on buying goods that may get more expensive with tariffs.21 days ago
What do tariffs mean for carmaking and US communities? Clues from one Georgia town. -- A new Hyundai plant hints at how foreign carmakers may look to expand U.S. operations to soften President Trump's tariffs, and how local economies may adapt.21 days ago
The Explainer -- Markets are reeling over Trump tariffs. Why it's hard to win a trade war. -- President Donald Trump may be igniting a global trade war with big new tariffs. Here's what it may mean for consumers and the economy.14 days ago
Is there a vision behind tariff chaos? Trump says it's about jobs and fair trade. -- President Trump hopes to use reciprocal tariffs to boost national self-sufficiency while unleashing a jobs boom. What's less clear is whether they can work.27 days ago
A new US manufacturing boom may bring more AI than jobs -- If Donald Trump can convince manufacturers to come back to the U.S., it may set off not a jobs boom, but an automation boom, as new factories may be the world's most automated.28 days ago
The Explainer -- As trade wars roil markets, what do retaliatory tariffs accomplish? -- As President Donald Trump raises tariffs, other nations are fighting back. They want to force negotiations, but it's a high-stakes game of chicken for the global economy.22 days ago
Trump pushes crypto with White House summit and bitcoin reserve plan -- President Trump is pushing for a cryptocurrency reserve, and digital currency enthusiasts are hopeful. But critics are still wary of the speculative tender.1 month ago
Trump's tariffs and job cuts fuel Main Street uncertainty -- Donald Trump sailed into office on voter anger around inflation. Now his policies are creating uncertainty about prices, investment, and jobs.1 month ago
Uncle Sam as investor: Why America is considering a sovereign wealth fund -- President Trump continues to talk about creating a sovereign wealth fund. Economists say SWFs invite grift. But others say they cover for tax breaks.1 month ago
Risk of a trade war rises as Trump boosts tariffs globally -- President Trump is hiking tariffs on steel and aluminum, and pledging to impose more. The question is whether this leads to a widening conflict or not.2 months ago