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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
Newark Airport faces new delays after second radar outage in two weeks. FAA promises upgrades as outdated tech and staffing woes plague air traffic.
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
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
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.
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
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
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
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
Stocks fluctuated as China rolled out new economic support and U.S. trade talks loom, while tech shares and tariff worries pressured markets.
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.
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.
