US-China Talks Break up After US Raises Tariffs
US-China talks break up with no deal after Trump hikes tariffs on $200 billion in Chinese imports.
US-China talks break up with no deal after Trump hikes tariffs on $200 billion in Chinese imports.
More than 40 states allege price fixing in suit against generic drug makers.
US consumer prices rose 0.3% in April, lifted by higher gas and housing costs.
US government records $160.3 billion surplus in April, but deficits so far this year up 37.7%.
New China tariffs likely to hit US consumers over time.
Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China.
US long-term mortgage rates decline; 30-year average down to 4.10%.
The U.S. government moved Thursday toward allowing new oil and gas drilling on wide swaths of federal land in California that has been off-limits since environmentalists sued in 2013.
Stocks closed broadly lower on Wall Street Thursday, extending the market’s slide into a fourth straight day, as investors braced for the possible escalation in the trade war between the U.S. and China.
Wholesale prices edge up 0.2% in April, led by jump in energy costs.