President Donald Trump stood by his “Liberation Day” reciprocal tariff package on Friday, telling investors that his “policies will never change,” after China attempted to retaliate with a 34% tariff on U.S. goods.
Read More Trump Brushes Off China’s Tariff Retaliation, Asserts His Policies Won’t Change
Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week.
Read More Wall St opens slightly lower ahead of data, Fed commentary
The latest jobs report shows that job growth slowed in the month of October, coming in under economists’ expectations, while the unemployment rate was unchanged.
Read More Report: U.S. Economy Adds Only 12K Jobs In October, Falling Well Short Of Expectations
Concerns of an impending recession are noticeably affecting the U.S. stock market, as a majority of stocks have had large sell-offs.
Read More $2.9T ‘Wiped’ From Stock Market, Worst Day Since COVID-19: ‘Recession Fears Mounting’
By Daniel Baldwin
June 10, 2024
(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
Read More May Jobs Report Shows Bidenomics Is An Assault On American Citizens
Unemployment benefit claims have climbed to its highest level since August 2023, initial filings show.
Read More Report: U.S. Jobless Claims Increase To Highest Level Since August