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Trump will sign an executive order softening the tariff impact for automakers

The auto industry can breathe a little easier when it comes to tariffs. President Trump plans to sign an executive order that will give car and truck manufacturers some relief from import tariffs, amid fears those levies would impact U.S. factories. While the 25% tariffs will remain in place on imported vehicles and auto parts, … Read more

Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening

Demonstrators hold signs during a rally for federal workers at the US Capitol in Washington, DC, US, on Tuesday, Feb. 11, 2025.  Tierney L. Cross | Bloomberg | Getty Images Initial filings for unemployment benefits hit their highest level of the year last week in another potential signs of weakness in the labor market. Jobless … Read more

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