US corporate profits increase to a record high in fourth quarter

US corporate profits surged to a record high in the fourth quarter (Q4) amid strong demand and pricing power, but an uncertain economic outlook due to tariffs is creating a...

Tariff trouble

Coloradans face delays in getting unemployment benefits

When the economic disruption from COVID-19 and the resulting shutdowns began in early 2020, Colorado’s unemployment system was so overwhelmed that it struggled to handle the flood of applications. The...

Futures buoyant, dollar drifts as markets sail toward tariff storm

Financial markets made a mixed start on Monday with US stock futures rising but the dollar wavering ahead of a week driven by data, Chinese earnings and the threat of...

Oil edges higher, but recession fears and US tariffs limit gains

Oil prices edged higher, helped by weakness in the dollar, although gains were capped as concerns mounted over a US slowdown and the impact of tariffs on global economic growth.Brent...

US imports eggs from Korea, Turkey to help ease prices

The United States is importing Turkish and South Korean eggs to ease an avian flu-fuelled supply crunch that has pushed up prices across the country, Donald Trump’s agriculture secretary confirmed...

Gold set for third week of gains on uncertainties, rate cut hopes

Gold was headed for a third straight week of gains on Friday after three consecutive record highs this week, bolstered by the Federal Reserve’s rate cut cues for the year...

World markets down as US Fed and central banks flag global risks

World markets slipped on Thursday as signals from the US Federal Reserve and a number of other top central banks that they remain in rate cut mode amid global uncertainty...

Tesla recalls most Cybertrucks due to trim detaching from vehicle

Tesla is recalling 46,096 Cybertruck vehicles in the US- nearly all Cybertrucks made up to February - to fix an exterior panel that could detach while driving, adding to a...

Could Donald Trump’s tariffs cause a recession?

Investors are growing increasingly concerned that President Donald Trump’s tariff policies and federal layoffs could spark a US recession. An even bigger worry is that the Federal Reserve might not...