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Recent Articles from Associated Press
White House budget office tells agencies to draft mass firing plans ahead of potential shutdown
OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressure in Trump’s budget fight with Democrats.
Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
A Brookings report shows DC’s job market weakening as Trump’s federal workforce cuts push unemployment to the highest rate in the nation.
Trump administration rehires hundreds of federal employees laid off by DOGE
Hundreds of federal employees laid off from managing government workspaces are being reinstated as Trump retreats from real estate cuts.
As Boeing’s stock rises on a new foreign deal, US officials signal China may be next to order planes
Boeing shares rose after a $8B Uzbekistan Airways Dreamliner order, with U.S. officials hinting a major China aircraft deal is near.
Virginia employers face new costs from Trump’s $100k H-1B visa fee
Trump’s $100K H-1B visa fee sows uncertainty for employers, universities and immigrant advocates, including entities in Virginia.
Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
Wall Street holds near its record heights
U.S. stocks eased Tuesday after record highs, with Nvidia slipping and gold prices soaring past $3,800 amid Fed rate-cut expectations.
Tylenol maker rebounds a day after Trump’s unfounded claims about its safety
Kenvue shares rebounded after Trump linked Tylenol to autism, claims disputed by the company and lacking new scientific evidence.
US stocks drift toward more records following Wall Street’s relentless rally
U.S. stocks edge higher as the S&P 500, Dow and Nasdaq aim for fresh records, boosted by Nvidia’s OpenAI deal and Oracle’s TikTok prospects.
Nvidia to invest $100 billion in OpenAI to help expand the ChatGPT maker’s computing power
Nvidia will invest $100B in OpenAI to build 10 GW of AI data centers, boosting ChatGPT’s computing power and expanding global AI infrastructure.
