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Around The Nation

States sue Trump administration for blocking the development of wind energy
May 5, 2025

States sue Trump administration for blocking the development of wind energy

17 states sue Trump for halting wind energy projects, claiming his executive order is unlawful and harms clean energy, jobs, and climate progress.

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
May 5, 2025

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production

Wall Street dips as oil falls to a 4-year low and Warren Buffett announces plans to step down. Tech and energy stocks lead market declines.

FILE - Berkshire Hathaway Vice Chairman Greg Abel is seen at the CenturyLink Center in Omaha, Neb., on May 5, 2018. (AP Photo/Nati Harnik, File)
May 4, 2025

Who is Greg Abel, the executive picked to be successor to Warren Buffett?

Greg Abel, longtime Buffett deputy, will become Berkshire Hathaway CEO in 2025, bringing deep business insight and a strong work ethic to the role.

FILE - Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on Fox Business Network's "Countdown to the Closing Bell," May 7, 2018, in Omaha, Neb. (AP Photo/Nati Harnik, File)
May 4, 2025

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Warren Buffett will retire as CEO of Berkshire Hathaway at year’s end after 60 years. Greg Abel, his longtime heir apparent, will take the helm.

A See's Candy worker restocks the display next to a cutout of Warren Buffett at the Berkshire Hathaway shareholders meeting exhibit hall Friday, May 2, 2025 in Omaha, Neb. (AP Photo/Josh Funk)
May 3, 2025

Buffett says US shouldn’t use ‘trade as a weapon’ as Trump has done with tariffs

Warren Buffett criticizes Trump’s tariffs, urges global trade, and shares insights on markets, succession plans, and Berkshire’s $347B cash reserves.

Home ownership further out of reach as rising prices, high mortgage rates widen affordability gap
May 2, 2025

Home ownership further out of reach as rising prices, high mortgage rates widen affordability gap

U.S. homebuyers now need $114K+ income to afford a median-priced home. High mortgage rates and rising prices keep ownership out of reach for many.

U.S. adds 177K jobs despite trade war, hiring slows
May 2, 2025

U.S. adds 177K jobs despite trade war, hiring slows

U.S. employers added 177,000 jobs in April, beating expectations. Labor market remains resilient despite trade wars, tariffs, and federal job cuts.

A for sale sign with a home in the background
May 1, 2025

Average rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline

U.S. mortgage rates dipped to 6.76%, offering slight relief to buyers, but high costs and rising home prices continue to dampen spring housing activity.

Microsoft and Meta Platforms lead Wall Street higher
May 1, 2025

Microsoft and Meta Platforms lead Wall Street higher

Microsoft and Meta beat earnings expectations, boosting Wall Street, even as fears of stagflation and economic uncertainty continue to loom.

Kohl’s ousts CEO Buchanan after investigation into some vendor transactions
May 1, 2025

Kohl’s ousts CEO Buchanan after investigation into some vendor transactions

Kohl’s has fired CEO Ashley Buchanan over undisclosed vendor conflicts. Chairman Michael Bender takes over as interim CEO during ongoing leadership search.

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy
Apr 30, 2025

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

Trump economy, GDP decline, U.S. tariffs, Biden blame, stock market, trade war, recession warning, import taxes, economic policy, CHIPS Act

US inflation cools and Americans step up spending as they brace for tariff impact
Apr 30, 2025

US inflation cools and Americans step up spending as they brace for tariff impact

Inflation slowed to 2.3% in March while consumer spending jumped, especially on cars, ahead of Trump's tariffs. Fed expected to hold interest rates.

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