News

Stanley Black & Decker Swings to 2Q Profit, Still Sees Hefty Tariff Hit
The maker of DeWalt power tools and Craftsman wrenches swung to a second-quarter profit of $101.9 million, or 67 cents a share, from a loss of $11.2 million, or 7 cents a share, a year earlier. The ...
Rating firms say US tariffs alone will not trigger EU sovereign downgrades
The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could ...
European Midday Briefing: Stocks Rise as Focus Turns to Fed Rates
The energy deal is a centerpiece of the trade agreement reached between Washington and Brussels on Sunday, which sets baseline U.S. tariffs at 15% for most European goods. The EU has agreed to buy ...
Trump Is Winning His Trade War. What Will That Mean for the Economy?
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists ...
Stellantis Reinstates Guidance, Expects Second-Half Rebound Despite Tariffs — Update
Stellantis said Tuesday that it now expects net revenue in the second half to increase from the first half, with a low-single-digit adjusted operating income margin and improved industrial free cash ...
Wall Street Journal13h
Latest Tariff Letters Change Some Liberation Day Rates
Trump’s latest round of tariff letters alters some of the levies he had first announced on April 2 before pausing them twice and eventually declaring they would take effect August 1. The biggest ...
Wall Street Journal15h
Trump Says EU Tariff Letter ‘About Two Days’ Away
President Trump threatened to reimpose so-called reciprocal tariffs on the European Union, saying he is just days away from sending the 27-nation bloc a letter that would outline what tariffs it ...
As Trump has pulled back from the highest tariffs, this chart shows the economic shock has eased
In the wake of those “Liberation Day” tariffs, financial markets took fright. On April 9 the Trump administration hit pause: ...
Global stock index falls, euro slides after US-EU trade deal
A global equities gauge fell on Monday while the euro took a tumble and U.S. Treasuries sold off as investors cautiously greeted a trade agreement between the U.S. and European Union at the start of ...
Erie News Now18h
Stock market rally stalls as Wall Street digests US-EU trade deal
The Dow had traded near record-high territory earlier. The index needs a gain of 0.39% to surpass its previous intraday ...
Germany warns Trump trade deal will inflict ‘substantial damage’
The European Trade Union Confederation said the deal would result in “significant job losses” for export-dependent industries ...
State Street strategist says certainty of U.S. tariff deal could boost European stocks and the euro
This weekend’s announcement of a 15% baseline tariff for European goods entering the U.S. eliminates the chief risk cited when investors are considering whether to go overweight European equities or ...