Fed Chair Jerome Powell has held the benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Trump’s massive tariffs had on inflation.
U.S. markets recoiled at the jobs report and the Dow Jones industrial average tumbled more than 600 points at the opening bell Friday.
The Environmental Protection Agency’s plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
President Trump had threatened tariffs of 30% on goods from Mexico in a July letter, something that Mexico gets to stave off for the next three months.
The new program is expected to allow Americans to share personal health data and medical records across health systems and apps run by private tech companies, making it easier to access health records and monitor wellness.
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House, as Trump has repeatedly demanded that the central bank reduce borrowing costs.
The National Transportation Safety Board investigation found that the Army chopper involved in a fatal midair crash at Reagan National earlier this year was flying above its altitude limit.
America gross domestic product—the nation’s output of goods and services—rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported Wednesday.
Left tackle Bernhard Raimann, 27, signed a four-year contract extension after he became a stabilizing force over the past three seasons.
China said the two sides had “in-depth, candid and constructive” discussions and agreed to work on extending a pause in tariffs beyond an Aug. 12 deadline for a trade deal for another 90 days.
Starbucks CEO Brian Niccol said improving store operations and paring back Starbucks’ menu was necessary before layering in new products.
Of the 16 million cars Stellantis produces for sale in the U.S. market, 8 million are made in domestic plants, and another 4 million in Canada and Mexico—all with a large number of U.S. components.
The proposed Environmental Protection Agency rule would rescind a 2009 declaration that determined that carbon dioxide and other greenhouse gases endanger public health and welfare.
U.S. health officials are warning Americans about the risks of an opioid-like ingredient increasingly added to energy drinks, gummies and supplements sold at gas stations and convenience stores, recommending a nationwide ban.
Inflation, ballooning home values and a decades-long push into stock markets by average investors have lifted millions into millionairehood.
Consumers’ fears of a recession during the next 12 months dipped in July but remain elevated and above last year’s levels.
President Trump argues that the Federal Reserve in general and Chair Jerome Powell in particular are costing U.S. taxpayers hundreds of billions of dollars in interest payments by not reducing borrowing costs.
In its lawsuit, Planned Parenthood had argued that it would be at risk of closing nearly 200 clinics in 24 states if it were cut off from Medicaid funds.
The Indianapolis-based NCAA would like Congress to grant limited liability protection to help address all the lawsuits over eligibility.
Top trade officials from China and the United States launched a new round of talks on Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.
