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Around The Nation

Powell says Federal Reserve can wait on any interest rate moves
May 7, 2025

Fed holds interest rate at 4.3% amid tariff and inflation uncertainty

The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.

FAA plans radar, staffing fixes at Newark airport
May 7, 2025

FAA plans radar, staffing fixes at Newark airport

The FAA will upgrade radar tech and staffing at Newark Airport after safety concerns and flight disruptions, with a broader U.S. air traffic overhaul ahead.

Disney to build its 7th theme park, this one in the United Arab Emirates
May 7, 2025

Disney to build its 7th theme park, this one in the United Arab Emirates

Disney will build a new theme park in Abu Dhabi on Yas Island, expanding globally as UAE tourism surges and regional travel hits 120 million yearly.

Wall Street gains ground as China shores up its economy ahead of trade talks with the US
May 7, 2025

Wall Street gains ground as China shores up its economy ahead of trade talks with the US

Stocks fluctuated as China rolled out new economic support and U.S. trade talks loom, while tech shares and tariff worries pressured markets.

FILE - Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File)
May 6, 2025

US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs

U.S. trade deficit surged to a record $140.5B in March as businesses raced to import goods ahead of sweeping Trump tariffs, dragging on GDP growth.

Canadian Prime Minister Mark Carney boards a government plane in Ottawa, Ontario, Monday, May 5, 2025, en route to Washington for a meeting with U.S. President Donald Trump on Tuesday. (Adrian Wyld/The Canadian Press via AP)
May 6, 2025

Trump insults Canada ahead of its prime minister’s arrival at the White House

Trump gives new Canadian PM Mark Carney a cold welcome, questioning U.S. dependence on Canada amid rising trade tensions and sovereignty disputes.

Spencer Goidel, an Equal Employment Opportunity Specialist with the Internal Revenue Service who was notified his job would be eliminated as part of the government's efficiency cuts, stands for a portrait outside his home in Boca Raton, Fla., April 16, 2025. (AP Photo/Daniel Kozin)
May 6, 2025

Disabled workers have faced prejudice. Now they face DOGE firings

Mass federal layoffs under Trump target disabled workers, raising concerns about the future of inclusive hiring and Schedule A protections.

Federal Reserve likely to defy Trump, keep rates unchanged this week
May 5, 2025

Federal Reserve likely to defy Trump, keep rates unchanged this week

The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and tariff concerns, as inflation remains above target.

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 5, 2025

Warren Buffett will remain chairman at Berkshire Hathaway when Greg Abel takes over as CEO in 2026

Warren Buffett will remain Berkshire Hathaway's chairman as Greg Abel becomes CEO in 2026, reassuring investors during a critical leadership transition.

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.

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