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US employers slash hiring as Trump advances a punishing trade agenda
U.S. job growth slows as Trump’s tariffs shake business confidence. Unemployment ticks up, job revisions drop sharply, and markets react.
Federal Reserve Governor Kugler steps down, giving Trump slot to fill
Federal Reserve governor Adriana Kugler will step down, opening up a spot on the central bank's powerful board that President Donald Trump will be able to fill.
Trump removes official overseeing jobs data after dismal employment report
Trump removed BLS Commissioner Erika McEntarfer after weak job numbers, accusing her of political bias. The agency's past data was also sharply revised down.
Worries over military chopper routes, FAA staffing levels emerge as factors in midair crash inquiry
 Long-standing concerns about military helicopters flying in crowded airspace and worries over short staffing among federal aviation workers emerged Thursday as key factors in investigators’ inquiry into the fatal midair crash between an Army helicopter and a commercial airliner earlier this year. During the second of t[...]
US enters 90-day negotiating period with Mexico as 25% tariffs stay in place
 WASHINGTON (AP) — The United States will enter a 90-day negotiating period with Mexico over trade as 25% tariff rates stay in place, President Donald Trump said Thursday. Trump, posting on his Truth Social platform, said a phone conversation he had with Mexican leader Claudia Sheinbaum was “very successful in that, more[...]
Trump administration cancels plans to develop new offshore wind projects
 The Trump administration is canceling plans to use large areas of federal waters for new offshore wind development, the latest step to suppress the industry in the United States. More than 3.5 million acres had been designated wind energy areas, the offshore locations deemed most suitable for wind energy development. The Bure[...]
Microsoft’s annual cloud revenue hits $75B, profit beats expectations
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier. The Azure cloud business has been a centerpiece of Microsoft’s efforts to shift its focus to artificial intelligence, but until Wednesday the company hadn’t disclosed how[...]
NTSB finds Army chopper in fatal midair crash with plane was above altitude limit
 Investigators probing the January midair collision of a passenger plane and an Army helicopter over Washington that killed 67 people found the chopper was flying higher than it should have been and its altitude readings were inaccurate. The details came out of the first day of National Transportation Safety Board hearings�[...]
Trump announces 25% tariff on India and unspecified penalties for buying Russian oil
  WASHINGTON (AP) — The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald Trump said Wednesday. India “is our friend,” Trump said on his Truth Social platform, but its tariffs on U.S. products “are far too hig[...]
Trump imposes 50% tariffs on Brazil over Bolsonaro case
 WASHINGTON (AP) — President Donald Trump signed an executive order Wednesday to impose his threatened 50% tariffs on Brazil, setting a legal rationale that Brazil’s policies and criminal prosecution of former President Jair Bolsonaro constitute an economic emergency under a 1977 law. Trump had threatened the tari[...]
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
 WASHINGTON (AP) — The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut. The Fed’s decision Wednesday leaves its key short-term rate at about 4.3%, where it has stood after the central bank made three cuts l[...]
China, U.S. eye tariff pause extension after talks
 STOCKHOLM (AP) — The United States and China have agreed to work on extending a deadline for new tariffs on each other after two days of trade talks in Stockholm concluded on Tuesday, according to Beijing’s top trade official. The U.S. side says the extension was discussed, but not decided. China’s internati[...]
