Economy

The S&P 500 sank 2.2% after falling as much as 3.3% earlier. Such an amount would have vied for one of its worst losses in years before the historic swings that have upended Wall Street in recent weeks.

President Trump lashed out at Powell for not acting sooner to lower interest rates. The president's own tariffs make that more difficult, by putting upward pressure on prices.

Oregon companies are reeling from the rapid implementation of tariffs — a move they say will hurt business for years.

The key driver of the economy saw the biggest increase in over two years in March, as car buyers tried to get ahead of President Trump's tariffs on imported autos and auto parts.

China signals the latest tariff hike will be its last round of tit-for-tat measures, prompting sharp falls in European shares, as Asian stocks end the day mixed.

Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain could push prices higher in the months to come.

Trump announced a 90-day pause on most country-specific tariffs, but left other duties in place. Here's a look at where things stand and what could happen next.

U.S. stocks fell a day after posting spectacular gains over President Trump's decision to pause many of his tariffs. Now, some of that relief is starting to fade.

President Trump's sweeping tariff policy has upended the global economy. Zanny Minton Beddoes, the editor-in-chief of The Economist, likens it to The Art of the Deal — on steroids.

Sen. Maria Cantwell, D-Wash., says a bill that would require Congressional approval for tariffs has bipartisan support because they are an "economic nightmare."