Business

Murky outlook for businesses after tariff ruling prompts countermoves by Trump

NEW YORK — Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place. The Trump administration says its tariffs help boost ...

Lower inflation needed before many officials will support rate cuts, minutes show

WASHINGTON — Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show. The "vast majority" of the 19 participants on the ...

DoorDash sees strong quarterly growth in sales and orders but warns of big costs

DoorDash said Wednesday its revenue rose 38% in the fourth quarter as it gained new U.S. customers and added new services like restaurant reservations. But investors may be more focused on the cost of new projects, including the development of autonomous delivery robots and tests of drone ...

US stocks edge higher after big swings

NEW YORK — A quiet finish for the U.S. stock market on Tuesday masked big swings underneath the surface as companies talked about how discouraged their customers are feeling and some tech stocks continued to feel the downside of the artificial-intelligence boom. The S&P 500 rose 0.1% ...

Soaring coffee prices rewrite some Americans’ daily routines

NEW YORK — For years, it was a daily McDonald's trip for a cup of coffee with 10 sugars and five creams. Later, it was Starbucks caramel macchiatos with almond milk and two pumps of syrup. Coffee has been a morning ritual for Chandra Donelson since she was old enough to drink it. But, ...