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Around The Nation

FILE - Andrew Witty, Chief Executive Officer of UnitedHealth Group, testifies at a Senate Finance Committee hearing examining cyber attacks on health care, and the Change Healthcare cyber attack, on May 1, 2024, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin, File)
May 13, 2025

UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025

UnitedHealth CEO Andrew Witty steps down amid rising costs. The insurer suspends its 2025 outlook; shares drop 16% after months of instability.

A container ship is moored at the port of the port of New York & New Jersey in Elizabeth, N.J., Monday May 12, 2025. (AP Photo/Matt Rourke)
May 13, 2025

Trump trade war faces legal challenge as businesses, states argue his tariffs exceeded his power

Trump's sweeping tariffs under emergency powers face lawsuits from states and businesses arguing he overstepped constitutional authority on trade.

Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
May 13, 2025

Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last

U.S. inflation cooled to 2.3% in April, its lowest in four years, despite new tariffs. Economists expect price hikes by summer as trade effects deepen.

Trader Americo Brunetti works on the floor of the New York Stock Exchange, Monday, May 12, 2025. (AP Photo/Richard Drew)
May 12, 2025

Dow jumps 900 and S&P 500 climbs 2.4% following a 90-day truce in the US-China trade war

U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down most of its tariffs against the other, which economists warned could start a recession and create shortages on U.S. store shelves.

Switzerland's Economy Minister Federal Councillor Guy Parmelin, left, shakes hands with Chinese Vice Premier He Lifeng, right, next to Switzerland's President Karin Keller-Sutter, center, during a bilateral meeting between Switzerland and China, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP, Pool)
May 10, 2025

Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope

U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.

FILE - Travelers check American Airlines flight information screens for their flight status at O'Hare International Airport in Chicago, Wednesday, Feb. 22, 2023. (AP photo/Nam Y. Huh, File)
May 10, 2025

More warning signs emerge for US travel industry as summer nears

Expedia cites reduced U.S. travel demand for its weak Q1 revenue, as consumer confidence dips and tourism from Canada and abroad continues to decline.

FILE - President Donald Trump speaks at an education event and executive order signing in the East Room of the White House in Washington, March 20, 2025. (AP Photo/Jose Luis Magana, File)
May 10, 2025

Judge pauses much of Trump administration’s massive downsizing of federal agencies

A judge blocked the Trump administration’s sweeping federal job cuts, ruling that major agency reductions require congressional cooperation.

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.

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