Tariff Fears Hit Autos, Chipmakers, China-Exposed Stocks
The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.
Economists Race to Assess Trump’s Tariff Plans
The potential fallout depends on the specifics of what President Donald Trump announces. It also depends on how Canada and Mexico respond.
Eaton Reports $6.24 Billion Revenue for Q4
Eaton Corp. reported gains in net income and revenue for the fourth quarter of 2024.
ArcBest Sees Profit, Revenue Declines in Q4 2024
The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31.
White House Confirms Tariffs Set for Feb. 1
WASHINGTON — President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Feb. 1, the White House said.
Schneider Q4 Profit Rises 19% on Improved OR, Cowan Deal
A 19% gain in fourth-quarter profits at Schneider was propelled by the boost its dedicated operations received from the carrier’s acquisition of Cowan Systems, as well as improve
Mexico Warns Trump 25% Tariffs Would Be ‘Strategic Mistake’
Mexico’s government told President Donald Trump that his plan to place 25% tariffs on its goods would be a mistake that raises costs for U.S. consumers.
Military Moving System Plagued by Late Pickups, Deliveries
About 1,000 service members have faced late pickups or deliveries of household goods under the initial phase-in of the Defense Department’s revamped system for relocations.
Schneider Q4 Profit Rises 19% on Improved OR, Cowan Deal
A 19% gain in fourth-quarter profits at Schneider was propelled by the boost its dedicated operations received from the carrier’s acquisition of Cowan Systems, as well as improve
Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even wo