Elaine Kurtenbach, Associated Press
Economy
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Stan Choe, Associated Press
, Elaine Kurtenbach, Associated Press
, Bernard Condon, Associated Press
•
June 23, 2025
US stocks drift higher and oil prices flip flop as Wall Street remains calm after US strikes on Iran
Oil jumped 4% shortly after trading began on Sunday night, but it quickly pared all of the gain on Monday.
DC
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Jamey Keaten, Associated Press
, David McHugh, Associated Press
, Elaine Kurtenbach, Associated Press
, Ken Moritsugu, Associated Press
•
May 12, 2025
US and China take a step back from sky-high tariffs, agree to pause for 90 days
The U.S. has agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China has agreed to lower its rate on U.S. goods by the same amount to 10%.