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An offshore wind project for New York may be abandoned over Trump administration delays
May 9, 2025

An offshore wind project for New York may be abandoned over Trump administration delays

Equinor warns it may scrap Empire Wind after Trump halts work; $2.5B project in jeopardy as construction pause costs up to $50M weekly.

As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims
May 9, 2025

As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims

Trump raises China tariffs to 145%, sparking retaliation and global market jitters as trade talks begin in Geneva with no clear resolution in sight.

Two dolls instead of 30? Toys become the latest symbol of Trump’s trade war
May 9, 2025

Two dolls instead of 30? Toys become the latest symbol of Trump’s trade war

Trump's comments on doll tariffs spark criticism as toy makers warn of price hikes and shortages. U.S. toy industry braces for trade war fallout.

Air traffic controllers for Newark airport briefly lose radar access again
May 9, 2025

Air traffic controllers for Newark airport briefly lose radar access again

Newark Airport faces new delays after second radar outage in two weeks. FAA promises upgrades as outdated tech and staffing woes plague air traffic.

FILE - A "For Sale" sign is displayed in front of a home in Des Plaines, Ill., Monday, Aug. 26, 2024. (AP Photo/Nam Y. Huh, File)
May 9, 2025

Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year

The 30-year mortgage rate stays at 6.76% for a second week, as affordability challenges persist and economists expect continued rate volatility in 2024.

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.

‘Hands tied’: Athletes left in dark as NCAA settlement leaves murky future for nonrevenue sports
May 8, 2025

‘Hands tied’: Athletes left in dark as NCAA settlement leaves murky future for nonrevenue sports

A $2.8B NCAA settlement promises NIL revenue for athletes but leaves walk-ons and non-scholarship players uncertain about their future in college sports.

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May 8, 2025

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

Trump and UK PM Starmer outline trade deal cutting tariffs on autos, steel, and aluminum while boosting U.S. beef exports and easing customs rules

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.

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