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Senate strikes AI provision from GOP bill after uproar from the states
Jul 1, 2025

Senate strikes AI provision from GOP bill after uproar from the states

WASHINGTON (AP) — A proposal to deter states from regulating artificial intelligence for a decade was soundly defeated in the U.S. Senate on Tuesday, thwarting attempts to insert the measure into President Donald Trump‘s big bill of tax breaks and spending cuts. The Senate voted 99-1 to strike the AI provision from the legislation after weeks of criticism […]

US unemployment ticked down, hovering at historically low levels
Jun 18, 2025

US unemployment ticked down, hovering at historically low levels

WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless claims ticked down from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000. The four-week average of claims, which smooths out […]

Wall Street rises as oil prices ease and the countdown ticks to the Fed’s decision on interest rates
Jun 18, 2025

Wall Street rises as oil prices ease and the countdown ticks to the Fed’s decision on interest rates

NEW YORK (AP) — U.S. stocks are rising on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates. The S&P 500 was 0.5% higher in morning trading. The Dow Jones Industrial Average was up 244 points, or 0.6%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.6% higher. […]

G7 summit begins amid global conflict, trade tensions
Jun 16, 2025

G7 summit begins amid global conflict, trade tensions

  KANANASKIS, Alberta (AP) — When U.S. President Donald Trump last came to Canada for a Group of Seven summit, the enduring image was of him seated with his arms folded defiantly as then-German Chancellor Angela Merkel stared daggers at him. If there is a shared mission at this year’s G7 summit, which begins Monday […]

Billy Long confirmed as IRS chief despite past opposition
Jun 12, 2025

Billy Long confirmed as IRS chief despite past opposition

WASHINGTON (AP) — Former U.S. Rep. Billy Long of Missouri was confirmed on Thursday to lead the Internal Revenue Service, giving the beleaguered agency he once sought to abolish a permanent commissioner after months of acting leaders and massive staffing cuts that have threatened to derail next year’s tax filing season. The Senate confirmed Long […]

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
Jun 10, 2025

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast.

Police officers stand guard at the entrance of Lancaster House, where the trade talks between the U.S. and China are taking place, in London, Monday, June 9, 2025. (AP Photo/Kin Cheung)
Jun 9, 2025

The US and China are holding trade talks in London after Trump’s phone call with Xi

U.S. and China officials met in London to revive stalled trade talks, aiming to extend a 90-day tariff truce and address rare earth export concerns.

Tesla stock plunges after Musk feud with Trump escalates
Jun 5, 2025

Tesla stock plunges after Musk feud with Trump escalates

Tesla stock plunged 14% as Musk's clash with Trump spurred fears of federal backlash, erasing $150B in market value.

Trump lifts Empire Wind pause, offshore project resumes
May 20, 2025

Trump lifts Empire Wind pause, offshore project resumes

Empire Wind project off Long Island resumes after Trump lifts pause, saving 1,500 jobs and advancing New York’s clean energy and offshore wind goals.

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week
May 15, 2025

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week

Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.

Democrats block stablecoin bill as they raise concerns about Trump’s crypto ventures
May 8, 2025

Democrats block stablecoin bill as they raise concerns about Trump’s crypto ventures

Senate Democrats stall stablecoin bill over corruption concerns tied to Trump, delaying key crypto legislation aimed at regulating digital dollar tokens.

Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence
Apr 21, 2025

Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence

SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been […]

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