Job openings in the United States fell in March as President Donald Trump’s trade wars clouded the economic outlook. U.S. employers posted 7.2 million vacancies in March, down from 7.5 million in February and 8.1 million in March 2024. It was the fewest number of openings since September and below the 7.5 million that economists had forecast. Still, openings remain high by historical standards but have fallen steadily since peaking at 12.1 million in March 2022 when the economy was still bouncing back from COVID-19 lockdowns.
China's export orders dip
Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in. China and the U.S. appear to remain at stark odds after U.S. President Donald Trump ordered combined tariffs of up to 145% on Chinese goods. China has imposed duties of up to 125% on U.S. products, with some exemptions. Data released Wednesday showed the official manufacturing purchasing managers index fell to a 16-month low of 49.0 from 50.5 in March.
GM recalls nearly 600,000 vehicles
General Motors is recalling nearly 600,000 vehicles across its Cadillac, Chevrolet and GMC brands in the U.S. due to potential manufacturing defects that can cause engine failure. The recall covers model years 2021 and 2024. The problem centers around a connecting rod or crankshaft component. This can lead to engine damage, and potentially failure. Dealers will inspect and repair, free of charge. The company estimates that just 3% of affected vehicles have the defect.
Trump offers automakers relief on 25% tariffs
President Donald Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts. Tuesday's action is a significant reversal as the import taxes threatened to hurt domestic manufacturers. Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide. Trump portrayed the changes as a bridge toward automakers moving more productions into the United States. The administration provides automakers that finish their vehicles domestically a 15% rebate this year, offsetting the cost of the tariffs. That rebate would be 10% the second year, giving automakers some time to relocate production of parts to the U.S.
President Donald Trump has celebrated the 100th day of his second term — spending much of the day in campaign mode. He repeatedly mocked his Democratic predecessor, Joe Biden, at Tuesday's rally — attacking Biden's mental acuity and even how Biden looks in a bathing suit. Trump also attacked polling and news coverage not favorable to him. The rally just outside Detroit, which marked Trump’s largest political event since returning to the White House, glossed over two forces that had rocked the state: his steep trade tariffs and combative attitude toward Canada. Egg prices have dropped about 64 percent… gasoline is down from a national average high under Biden of $5.01 per gallon to around 3 dollars 14 cents now.
Trump offers automakers relief on 25% tariffs
And just before that rally, Trump signed executive orders to relax some of his 25% tariffs on automobiles and auto parts. Tuesday's action is a significant reversal as the import taxes threatened to hurt domestic manufacturers. Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide. Trump portrayed the changes as a bridge toward automakers moving more productions into the United States. The administration provides automakers that finish their vehicles domestically a 15% rebate this year, offsetting the cost of the tariffs. That rebate would be 10% the second year, giving automakers some time to relocate production of parts to the U.S.
Canada's Liberals fall short of a majority
Canadian Prime Minister Mark Carney’s Liberals have fallen short of winning an outright majority in Parliament. The election results emerged Tuesday, a day after the party scored a stunning comeback victory in a vote widely seen as a rebuke of U.S. President Donald Trump. The vote-counting agency Elections Canada finished processing nearly all ballots. The Liberals could be left just three seats shy of a majority. That means they will have to seek help from another, smaller party to pass legislation.
Milwaukee judge Suspended for helping illegal immigrant evade authorities
The Wisconsin Supreme Court has suspended a judge accused of helping a man evade immigration authorities. The FBI took Milwaukee County Circuit Judge Hannah Dugan into custody on Friday morning at the county courthouse. She faces federal charges of concealing an individual to prevent his discovery and arrest and obstructing or impeding a proceeding. The state Supreme Court issued a two-page order Tuesday noting that Dugan faces two federal charges and saying it is in the public interest to temporarily relieve her of her duties. Her attorney had no immediate comment. Democrats have accused the Trump administration of trying to chill the nation’s judiciary.
Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19 as worries about the impact of tariffs take a heavy toll on consumer expectations for future growth. The Conference Board said Tuesday that its consumer confidence index fell 7.9 points in April to 86, its lowest reading since May 2020. The figures reflect a rapidly souring mood among consumers, most of whom expect prices to rise because of the widespread tariffs imposed by President Donald Trump.
Trump offers automakers relief on 25% tariffs
President Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts. Tuesday's action is a significant reversal as the import taxes threatened to hurt domestic manufacturers. Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide. Trump portrayed the changes as a bridge toward automakers moving more productions into the United States. The administration provides automakers that finish their vehicles domestically a 15% rebate this year, offsetting the cost of the tariffs. That rebate would be 10% the second year, giving automakers some time to relocate production of parts to the U.S.
Milwaukee judge Suspended for helping illegal immigrant evade authorities
The Wisconsin Supreme Court has suspended a judge accused of helping a man evade immigration authorities. The FBI took Milwaukee County Circuit Judge Hannah Dugan into custody on Friday morning at the county courthouse. She faces federal charges of concealing an individual to prevent his discovery and arrest and obstructing or impeding a proceeding. The state Supreme Court issued a two-page order Tuesday noting that Dugan faces two federal charges and saying it is in the public interest to temporarily relieve her of her duties. Her attorney had no immediate comment. Democrats have accused the Trump administration of trying to chill the nation’s judiciary.
Illinois town mourns 4 killed at after-school camp
Residents of a small central Illinois city are mourning the loss of three children and a teenager who were killed in a startling vehicle collision in a building that hosts a popular after-school camp. Authorities say it appears the crash Monday, in which a car barreled through the building in Chatham, was not a targeted attack. Illinois State Police say the 44-year-old driver is not in custody. She was not injured but was taken to a hospital for evaluation, and toxicology reports are pending. Chatham is about 12 miles from the state capital, Springfield.
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.
The package delivery company said Tuesday that it anticipates making the job cuts this year. It anticipates closing 73 leased and owned buildings by the end of June. UPS said that it is still reviewing its network and may identify more buildings to be shuttered.
“The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier,” CEO Carol Tomé said in a statement on Tuesday. "The macro environment may be uncertain, but with our actions, we will emerge as an even stronger, more nimble UPS.”
In January UPS announced that it had reached a deal with Amazon, its biggest customer, to lower its volume by more than 50% by the second half of 2026.
During UPS’ fourth-quarter earnings conference call in January, Tomé said that the company had partnered with Amazon for almost 30 years and that when its contract came up this year, UPS decided to reassess the relationship.
“Amazon is our largest customer but it’s not our most profitable customer,” Tomé said at the time. “Its margin is very dilutive to the U.S. domestic business.”
Tomé said that UPS considered various options and determined that the volume reduction was the best alternative.
The company employs about 490,000 workers, according to FactSet.
United Parcel Service Inc. also reported its first-quarter financial results on Tuesday. The Atlanta-based company earned $1.19 billion, or $$1.40 per share, in the quarter ended March 31.
Stripping out certain items, earnings were $1.49 per share. That's better than the $1.44 per share that analysts polled by Zacks Investment Research were calling for.
Revenue totaled $21.55 billion, beating Wall Street's estimate of $21.06 billion.
UPS said that it wasn't providing any updates to its previously announced full-year outlook, given current macroeconomic uncertainty. The company previously said that it expected 2025 revenue of approximately $89 billion.
An official with the Islamic State group has been detained in Iraq, suspected of being involved with inciting the pickup truck-ramming attack in New Orleans that killed more than a dozen people celebrating the start of 2025, Iraqi authorities said.
Iraqi authorities had received requests from the U.S. to help in the investigation of the attack in the predawn hours of New Years Day in the famed French Quarter of New Orleans, Iraqi judicial officials said.
A U.S. Army veteran driving a pickup truck that bore the flag of the Islamic State group sped down Bourbon Street, running over some victims and ramming others, authorities said at the time. The Federal Bureau of Investigation identified the driver as Shamsud-Din Jabbar, 42, a U.S. citizen from Texas, and said it was working to determine any potential associations with terrorist organizations.
After driving his pickup truck onto a sidewalk around a police car blocking an entrance to Bourbon Street and striking the New Year’s revelers, he crashed into construction equipment, authorities said. He then opened fire on police officers and Bourbon Street crowds, and was shot and killed by the officers, authorities said.
The FBI said shortly after the attack that it was investigating the crime as a terrorist act and did not believe the driver acted alone. Investigators found guns and what appeared to be an improvised explosive device in the vehicle, along with other devices elsewhere in the French Quarter.
Iraqi officials said that Baghdad’s Al-Karkh Investigative Court specified the suspect who was later detained and turned out to be a member of the Islamic State group’s foreign operations office.
The officials, who spoke on condition of anonymity in line with regulations, did not release the name of the suspect, only saying that he is an Iraqi citizen. The officials said the man will be put on trial in accordance with the country’s anti-terrorism law, adding that Iraq is committed to international cooperation in fighting terrorism.
Despite its defeat in Iraq in 2017 and in Syria two years later, Islamic State still has sleeper cells that carry out deadly attack in both countries as well as other parts of the world.
The group once attracted tens of thousands of fighters and supporters from around the world to come to Syria and Iraq, and at its peak ruled an area half the size of the United Kingdom and was notorious for its brutality. It beheaded civilians, slaughtered 1,700 captured Iraqi soldiers in a short period, and enslaved and raped thousands of women from the Yazidi community, one of Iraq’s oldest religious minorities.
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