Scott Horsley

The tit-for-tat comes after a period when investors had been growing more sanguine, that U.S.-China trade tensions might not be as disruptive as initially feared.

Scott Horsley, NPR News, Washington.

All 12 voting members of the Fed's rate-setting committee voted to lower the Fed's benchmark interest rate last month.

Eleven voted for a quarter-point cut, which carried the day.

The newest member of the committee, White House economist Stephen Myron, voted for a bigger half-point cut.

Minutes reveal that a few Fed policymakers wanted to hold interest rates steady, or at least would have supported that position, out of concern over stubborn inflation.

The central bank's walking a tightrope as it tries to both tamp down prices and prop up the sagging job market.

Fed policymakers cast another vote on interest rates in three weeks, and thanks to the government shutdown, they may have to do so without the benefit of updated information on the job market or inflation.

Scott Horsley, NPR News, Washington.

The WTO expects global goods trade to grow by 2.4 percent this year, more than twice as fast as it had been projecting just a couple months ago.

That's partly thanks to robust trade in computer chips and other products tied to artificial intelligence.

Tesla is rolling out cheaper models of two of its electric vehicles.

The Model Y and Model 3 will both list for under $40,000.

Tesla is trying to recharge sales, which have been hurt by increased competition and political backlash to CEO Elon Musk.

And gold prices continue to sparkle.

After topping $4,000 an ounce this week for the first time ever, gold continues to see strong demand from anxious investors seeking a safe haven.

Scott Horsley, NPR News, Washington.

Canadian Prime Minister Mark Carney will visit Trump today at the White House for the second time, hoping to smooth some of the trade tensions that have been sparked by the president's tariffs.

Canada is one of the United States' top trading partners.

Trump announced the U.S.