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Recent Articles from Associated Press
Global automakers say Trump’s tariffs will be painful for them and US consumers
FRANKFURT, Germany (AP) — Whatever domestic economic gain comes from U.S. President Donald Trump’s new 25% tax on imported cars – and experts are skeptical – automakers around the world are bracing for a lot of pain. In Japan, South Korea, Mexico, Canada and across Europe, the world’s largest automakers employ millions of people whose livelihoods depend […]
Federal judge struggles with scope of relief for fired workers
BALTIMORE (AP) — A federal judge in Maryland said Wednesday he will at least briefly extend a temporary order requiring the Trump administration to bring back federal workers who were fired as part of a dramatic downsizing of the federal workforce, but the judge said he was struggling with the scope of a broad order. U.S. District […]
Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy
NEW YORK (AP) — Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal. Buyers in the U.S. have been stocking up on copper ahead of potential tariffs. Future prices for the base metal hit $5.21 per pound […]
US could run short of money to pay its bills by August without debt limit deal, CBO says
WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House, according to a Congressional Budget Office report Wednesday. By that time, the government […]
Judge orders a June trial for US government’s felony case against Boeing
A federal judge in Texas has set a June trial date for the U.S. government’s years-old conspiracy case against Arlington County-headquartered Boeing for misleading regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people. U.S. District Judge Reed O’Connor did not explain in the scheduling order he issued on Tuesday why he […]
Kroger blames Albertsons for merger’s demise in new court filings
Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger. In court papers filed Tuesday in the Delaware Court of Chancery, Kroger said Albertsons disregarded the companies’ merger agreement and worked secretly with a partner, C&S Wholesalers, to try to force Kroger to divest more […]
Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. World Liberty Financial, a cryptocurrency venture Trump helped launch [[...]
Waymo plans to bring its driverless taxis to Washington in 2026
Waymo on Tuesday added Washington to its pioneering robotaxi service’s steadily expanding list of U.S. markets, although passengers will have to wait until next year until they can take a driverless ride around the nation’s capital city. For now, Waymo’s robotaxis will continue to map Washington’s streets and corridors with a safety driver sitting behind the […]
US consumer confidence tumbles for 4th consecutive month to 12-year low
WASHINGTON (AP) — U.S. consumer confidence fell for the fourth straight month amid rising concern over tariffs and inflation. The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9. Analysts were expecting a decline to a reading of 94.5, according to a survey by FactSet. The Conference Board’s report Tuesday […]
Stock market today: Wall Street slips and heads for a fifth straight weekly loss
NEW YORK (AP) — Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228 […]
