Hiring slows sharply as Trump advances aggressive trade agenda
U.S. markets recoiled at the jobs report and the Dow Jones industrial average tumbled more than 600 points at the opening bell Friday.
Associated Press
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Trump’s EPA targeting key vehicle-emissions rules. Here’s what that means for carmakers.
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.
Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place
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.
Trump administration launching new private health tracking system with Big Tech’s help
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.
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
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.
FAA chief: American Airlines crash hearings will prompt ‘uncomfortable conversations’
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.
Economy shows strong rebound with 3% growth in second quarter
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.
Colts make Raimann one of the league’s highest-paid offensive linemen
Left tackle Bernhard Raimann, 27, signed a four-year contract extension after he became a stabilizing force over the past three seasons.
United States, China agree to work on extending the tariff pause deadline
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 looks to protein drinks, other new products to boost lagging sales
Starbucks CEO Brian Niccol said improving store operations and paring back Starbucks’ menu was necessary before layering in new products.
Stellantis CEO targets US turnaround as carmaker faces $1.7B hit from tariffs
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.
Environmental Protection Agency moves to repeal finding that allows climate regulation
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.
Health officials crack down on kratom-related products after complaints from supplement industry
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.
Millionaires multiply, but most find it’s not all mansions and champagne
Inflation, ballooning home values and a decades-long push into stock markets by average investors have lifted millions into millionairehood.
Consumer confidence improves slightly, but Americans remain concerned about tariffs
Consumers’ fears of a recession during the next 12 months dipped in July but remain elevated and above last year’s levels.
Fed likely to stand pat on rates this week, deepening gulf between Powell and Trump
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.
Judge blocks Trump administration’s efforts to defund Planned Parenthood
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.
Football season looms with no clear guidance over eligibility battles from NCAA
The Indianapolis-based NCAA would like Congress to grant limited liability protection to help address all the lawsuits over eligibility.
US-China tariff talks might provide clues on possible Trump-Xi meeting
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.
Bubba Wallace becomes first Black driver to win major race at Indianapolis Motor Speedway
The 31-year-old Wallace overcame a tenuous 18-minute rain delay, two tantalizing overtimes, fears about running out of fuel late and the hard-charging defending race champ, Kyle Larson.