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- Avocados are displayed for sale at a grocery store in Waukegan, Ill., Wednesday, Sept. 25, 2024. (AP Photo/Nam Y. Huh, File)
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From avocados to autos, Trump tariffs on Canada and Mexico could hit close to home
By PAUL WISEMAN - AP Economics Writer
Fri,01/31/25-6:42AM , 505 Reads
WASHINGTON (AP) — The 25% tax that President Donald Trump plans to slap on imports from Canada and Mexico as soon as Saturday could drive up the price of everything from gasoline and pickup trucks, to Super Bowl party guacamole dip.
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- Young shoppers look over a row of large-screen televisions on display in a Costco warehouse Thursday, Dec. 19, 2024, in Denver. (AP Photo/David Zalubowski)
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U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in '24
By PAUL WISEMAN - AP Economics Writer
Thu,01/30/25-7:36AM , 571 Reads
WASHINGTON (AP) — A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant
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- A hiring sign is displayed at a fitness center in Riverwoods, Ill., Sunday, Jan. 5, 2025. (AP Photo/Nam Y. Huh)
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Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
By PAUL WISEMAN - AP Economics Writer
Thu,01/09/25-2:51PM , 192 Reads
WASHINGTON (AP) — U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers and businesses who were counting on sharply lower interest rates to lower the cost of buying everything from refrigerators to homes.
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- Firefighters and rescue team members work near the wreckage of a passenger plane at Muan International Airport in Muan, South Korea, Sunday, Dec. 29, 2024. (AP Photo/Ahn Young-joon)
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Jet crash disaster in South Korea marks another setback for Boeing
By PAUL WISEMAN - AP Economics Writer
Sun,12/29/24-5:26PM , 439 Reads
WASHINGTON (AP) — A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price.
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