-
Republicans Push Forward on Trump Tax Agenda
President Donald Trump and his Republican allies in Congress are determined to enact his tax-cut agenda in a political push that has largely abandoned longtime party claims of fiscal discipline, denying warnings the measure will balloon the federal debt.
-
Futures Subdued Ahead of US-China Trade Talks
U.S. stock index futures were subdued Monday as investors looked ahead to talks between the United States and China aimed at mending a trade rift that has rattled financial markets for much of the year.
-
Apple Kicks Off Annual Showcase Reeling From AI Missteps
After stumbling out of the starting gate in Big Tech's pivotal race to capitalize on artificial intelligence, Apple will try to regain its footing Monday at its annual Worldwide Developers Conference.
-
Citigroup Drops July Rate Cut Bets on Strong Jobs Report
Citigroup has pushed back its U.S. rate cut forecast to September from July and now expects three cuts this year instead of four, after a stronger-than-expected May jobs report in an otherwise cooling labor market.
-
China's Exports to US Fall 10%; May Trade Surplus $103B
China's exports to the United States fell nearly 10% in May from a year earlier, new customs data show, adding to pressure on the world's second largest economy as a new round of trade talks with Washington was due to start later Monday in London.
-
RAM Trucks Confirms NASCAR Return After Years Away
RAM Trucks officially announced its entry into the NASCAR Craftsman Truck Series, marking a major return to the sport after years of speculation and a long absence from competitive stock car racing...
-
Trump Seeks to Slash Pell Grants
The Trump administration's budget proposal cuts from $7,395 to $5,710 a year the maximum federal Pell Grant award, federal aid available to low-income families who demonstrate financial need.
-
France Approaches Automaker Renault to Build Military Drones
France's defense ministry has approached Renault with a view to helping to manufacture drones, the automaker said on Sunday, after the ministry last week floated the idea French companies could help with production in Ukraine."We have been contacted by the defense ministry...
-
Staffing Crunch Hits National Parks After Trump Cuts
At Yosemite National Park in California, one of the oldest and most popular U.S. natural preserves, the workforce is stretched so thin this season that nearly all staffers, even scientists, are required to take turns cleaning campground toilets, according to two people...
-
Stocks Edge Toward Records With Inflation Data, Policy Progress in Focus
The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near term.A monthly U.S. inflation report headlines the events for...
-
New Disputes Emerge Ahead of US-China Trade Talks
U.S.-China trade talks in London this week are expected to take up a series of fresh disputes that have buffeted relations, threatening a fragile truce over tariffs.Both sides agreed in Geneva last month to a 90-day suspension of most of the 100%-plus tariffs they had...
-
Westinghouse Targets Nuclear Expansion After Trump Order
U.S. nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large nuclear reactors to meet the goals of President Donald Trump's executive orders, the Financial Times reported on Sunday citing the company's CEO in an...
-
Chinese Hackers Turn Smartphones Into 'Mobile Security Crisis'
Cybersecurity investigators noticed a highly unusual software crash - it was affecting a small number of smartphones belonging to people who worked in government, politics, tech and journalism.The crashes, which began late last year and carried into 2025, were the tipoff to...
-
Bloomberg: Meta in Talks for $10B Scale AI Investment
Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with...
-
Chinese-Owned EV Battery Company Pauses US Factory Construction
Chinese-owned electric vehicle battery maker Automotive Energy Supply Corp. has paused work on its manufacturing plant under construction in Florence, South Carolina, due to "policy and market uncertainty," reported The Wall Street Journal.
-
Tech CEO Aims to Bring Back Supersonic Flight
A former Amazon software engineer is looking to bring supersonic flight back to everyday passengers, but getting the public and investors to buy in might be more challenging than the technology, The Wall Street Journal reported.
-
YouGov Poll: Republicans Side With Trump in Feud With Musk
Although a YouGov poll released Friday showed more Americans favor President Donald Trump than Elon Musk in their public spat, the majority said they don't favor either one.
-
Supreme Court Lets DOGE Access Social Security Data
The U.S. Supreme Court Friday permitted billionaire Elon Musk's Department of Government Efficiency, a key player in President Donald Trump's drive to slash the federal workforce, broad access to personal information on millions of Americans in Social Security...
-
Dow Rallies 440 Points on Jobs Data, China Hopes
U.S. stocks closed higher Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced, clawing back some losses from a sharp plunge the previous session.
-
Senate GOP May End Fines for Breaking Fuel Economy Rules
Republicans in the Senate are weighing a provision that would remove penalties for automakers that produce cars that fail to meet fuel mileage standards.
-
Trump-Musk Showdown Threatens US Space Plans
SpaceX's rockets ferry U.S. astronauts to the International Space Station. Its Starlink satellite constellation blankets the globe with broadband. And the company is embedded in some of the Pentagon's most sensitive projects, including tracking hypersonic missiles. So when...
-
WH Quietly Urges Senate to Temper Russia Sanctions Bill
The White House has been lobbying behind the scenes to temper bipartisan Senate legislation that would enact strict sanctions on Russia.
-
Penny Now Sacked, Nickel Should Be Next to Go
Recently, an article titled "No longer making cents" ran in the Houston Chronicle that lacked some extremely important context. The same article ran in the Beaumont Enterprise and a similar article in the Wall Street Journal.Most notably, all articles lacked transparency...
-
US, China to Hold Trade Talks on Monday in London, Trump Says
President Trump on Friday said three of his cabinet officials will meet with representatives of China in London on Monday to discuss a trade deal.In a post on his Truth Social platform, Trump said Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United...
-
Fed Taps Horowitz as Next Inspector General
The Federal Reserve announced Friday that Michael Horowitz had been appointed to serve as the central bank's new inspector general.