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Recent Articles from Associated Press
Appeals court allows Trump to continue collecting tariffs under an emergency powers law for now
A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now.
Fed minutes: Uncertainty ‘elevated’ as risks of higher inflation and unemployment rise
WASHINGTON (AP) — Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump‘s tariffs on inflation, unemployment, and the broader economy. According to minutes from their May 6-7 meeting, released Wednesday, “almost all” of the 19 officials that participate in the Fed’s meetings on pol[...]
Macy’s trims 2025 forecast amid cautious shoppers
NEW YORK (AP) — Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025. The New York retailer, however, topped most performance expectations for the first three months of the year and maintained its […]
Pratt & Whitney machinists end 3-week strike after approving a new contract
EAST HARTFORD, Conn. (AP) — About 3,000 machinists at jet engine-maker Pratt & Whitney in Connecticut approved a new four-year contract Tuesday, ending a three-week strike over wages, job security and other issues. Union members were expected to return to work Wednesday after 74% of them voted in favor of the new deal, according to […]
Richmond issues boil-water advisory after plant issue
Richmond officials issued a boil-water advisory Tuesday in parts of Virginia’s capital city, leaving many residents without drinkable tap water following an operational issue at the city's water treatment plant for the second time this year.
Institute of Peace reclaims its headquarters after court win over Musk’s cost-cutting team
U.S. Institute of Peace returns to HQ after court rules Elon Musk’s DOGE unlawfully fired board and staff.
DOJ reaches deal with Boeing to avoid prosecution over 737 Max crashes
Boeing reaches $1.1B deal with DOJ to avoid criminal charges over 737 Max crashes that killed 346; victims’ families strongly oppose the agreement.
Trump hosts $TRUMP crypto backers amid bitcoin surge
WASHINGTON (AP) — It seems like a triumph for a cryptocurrency industry that has long sought mainstream acceptance: Top investors in one of President Donald Trump‘s crypto projects dining with him at his luxury golf club in Northern Virginia, on the heels of the Senate advancing key pro-crypto legislation and while bitcoin prices soar. But […]
House GOP passes Trump tax bill despite deficit fears
House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it could add $3.8 trillion to the federal deficit.
Wall Street dips as GOP spending bill shakes markets
Bond yields rise and markets slip after Republicans pass a multitrillion-dollar spending bill, rattling Wall Street and solar energy stocks.
