Business & Economy

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Haley questions Trump’s trade moves with China, India

Former United Nations Ambassador Nikki Haley questioned President Trump’s trade moves with China and India on Tuesday, warning the U.S. shouldn’t “burn” its relationship with India.

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Bacon: Nebraska GDP down 6 percent under Trump

Rep. Don Bacon (Neb.), a moderate Republican, said he’s concerned about the U.S. economy, noting his state saw a 6 percent annual drop in real gross domestic product (GDP) in the first quarter of 2025.

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Services sector slows down in July

Economic activity in the services sector fell back modestly in July as businesses held off on making purchases amid policy uncertainties.

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The Ticker

Upcoming news themes and events we’re watching:

Federal Reserve Board Governor Lisa Cook will participate in a discussion on the central bank’s perspective on “the evolving global landscape” on Wednesday at 2 pm ET.

In Other News

Branch out with more stories from the day:

Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent

WASHINGTON (AP) — President Donald Trump said Tuesday that he’s whittled down his list of potential …

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Good to Know

Business and economic news we’ve flagged from other outlets:

S&P 500 closes lower Tuesday, weighed down by tariff fears and poor economic data (CNBC)
Company advised by Trump sons said it hoped to benefit from fed money, then took it back (The Associated Press)
What $4 trillion debt could mean for future generations (ABC News)