WASHINGTON (AP) — President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1. The posts on his social media site showed that ...
LOS ANGELES (AP) — It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008, according to an ...
WASHINGTON (AP) — Senate Majority Leader John Thune is rejecting Democratic demands on health care as unserious but says a government shutdown is still “avoidable” despite sharp divisions ahead of Wednesday’s funding deadline. “I’m a big believer that there’s always a way ...
NEW YORK (AP) — Wall Street is coasting toward the finish of its latest record-setting week on Friday. The S&P 500 rose 0.3% and was on track to close out its sixth winning week in the last seven. The Dow Jones Industrial Average was up 129 points, or 0.3%, as of 1:01 p.m. Eastern time, ...
NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 rose 0.1% from the all-time high it set the day before. The Dow Jones Industrial Average was down 188 points, or 0.4%, as of ...
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly tough spot as it prepares to cut rates at its meeting next week despite persistent ...
