The Federal Reserve’s first deep look at the economy since President Trump imposed tariffs on the rest of the world showed the U.S. still expanding steadily — but “pervasive” uncertainty threatens to curtail growth in the months ahead.

Key Takeaways Uncertainty about tariffs became "pervasive" among business and community leaders around the country in April, according to a report by the Federal Reserve.Business leaders said uncertainty is making it hard to invest and plan for the future.

U.S. stocks are leaping as a worldwide rally comes back around to Wall Street after Trump softens tough rhetoric about trade war and the Fed.

The U.S. dollar staged a tentative rebound against its major peers on Wednesday on hopes of de-escalating trade tensions and as President Donald Trump backed away from threats to fire the head of the Federal Reserve,