The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks in the coming days. Trump hailed the call as "positive," with both leaders inviting the other to visit their respective countries.

Alaska Airlines is canceling more than a dozen flights a day as tariffs hinder its ability to accept delivery of new aircraft, according to the carrier.The Seattle, Washington-based airline said it wouldn't immediately accept delivery of two Embraer 175 regional jets in order to avoid incurring the extra tariff-related costs.

Most Canadians say they plan to shun US travel this summer as the trade war between the two countries continues, according to a poll by Leger Marketing Inc.

Delta urges government not to impose new tariffs in comment submitted in connection with federal probe into the national security impact of commercial plane, jet engine and part imports.

Ahead of the release of the May jobs report, more companies are replacing workers with AI, compounding a tough job market and hurting recent grads.

Lululemon’s stock is on pace for one of its biggest routs in history after the athleisure maker warned that tariffs will dent its profit.

Apparel maker’s stock falls nearly 20% after company lowers its earnings forecast, citing trade war and a pullback in consumer spending.

Ford CFO Sherry House also discussed what the Dearborn-based automaker is telling Wall Street about upcoming headwinds.

Dozens killed in Gaza after trying to receive aid at distribution site for a third day in a row