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News Articles: Business

Chinese customers stroll past a clothing shop at Taikoo Li Sanlitun in Beijing.

Tagged as: 

  • Asia

Chinese consumers are spending less amid trade war and economic headwinds

Chinese consumers have less and less confidence to splurge, which spells trouble for government efforts to jump-start consumer spending to offset deflation and mitigate the trade war with the U.S.

May 10, 2025
|
By:
  • Anthony Kuhn
President Trump and his adviser Elon Musk speak to the press on March 11 in Washington, D.C.

Tagged as: 

  • Politics

Federal judge temporarily halts Trump's sweeping government overhaul

A federal judge in San Francisco issued a two-week restraining order temporarily blocking the Trump administration's sweeping overhaul of the federal government. Her order applies to 20 agencies.

May 10, 2025
|
By:
  • Andrea Hsu
Jeanine Pirro, who just left Fox News' <em>The Five </em>to become the interim U.S. attorney for Washington, D.C., attends FOX Nation's 2024 Patriot Awards on Dec. 5, 2024.

Tagged as: 

  • Analysis

The Fox-to-Trump Funnel sweeps up Jeanine Pirro of 'The Five'

Jeanine Pirro is the latest Fox News personality to join the Trump administration. She will serve as the interim U.S. attorney in Washington, D.C., replacing Ed Martin whose confirmation ran into problems in the Senate.

May 10, 2025
|
By:
  • David Folkenflik
Commissioner Richard Trumka Jr. is photographed at the Consumer Product Safety Commission on Jan. 20, 2023, in Bethesda, Md. He has vowed to fight President Trump's firing of him from his post on the commission.

Tagged as: 

  • National

Trump fires all 3 Democrats on the Consumer Product Safety Commission

The Consumer Product Safety Commission works to protect Americans from dangerous products and issuing recalls and warnings. It's the latest attempt by Trump to exact control over independent agencies.

May 09, 2025
|
By:
  • Jaclyn Diaz
Warren Buffett has built Berkshire Hathaway into one of the world's largest companies. At its annual shareholder meeting in Omaha, Neb., companies owned by Berkshire, including Marmon, use Buffett's image to advertise their products to his shareholders.

Tagged as: 

  • Business

Why Warren Buffett matters beyond Wall Street

The 94-year-old investor is retiring as Berkshire Hathaway's CEO. He's built both a fortune and a reputation as "the nicest billionaire" — at a time when many other billionaires are widely criticized.

May 09, 2025
|
By:
  • Maria Aspan
A woman passes by a stock index at a brokerage in Beijing, Wednesday.

Tagged as: 

  • World

Ahead of trade talks, Trump says an 80% tariff on China 'seems right'

Trade negotiators from the U.S. and China are starting talks this weekend in Switzerland. These are the first high-level trade talks between the two countries since President Trump returned to the White House.

May 09, 2025
|
By:
  • Emily Feng and
  • Steve Inskeep
The Laughlin Steel Corporation's open hearth furnace in Pittsburgh, Pennsylvania, circa 1955.

Tagged as: 

  • Arts & Life

Americans still dream about factory jobs. Can they be brought back?

Trump's administration said they want tariffs to boost US manufacturing, and most Americans want more factory jobs here. But what makes us nostalgic for factory work?

May 09, 2025
|
By:
  • Liam McBain
Microsoft co-founder and Chair of the Gates Foundation Bill Gates attends a session during the Philanthropy Asia Summit in Singapore on Monday.

Tagged as: 

  • Business

Here's why Bill Gates is giving away most of his remaining fortune to his charity

After decades of philanthropy following the success of Microsoft, Bill Gates is winding down his namesake charity. What's he going to do next?

May 09, 2025
|
By:
  • Ari Shapiro,
  • Alejandra Marquez Janse,
  • and 1 more
The International Space Station serves as an orbiting scientific laboratory where astronauts conduct experiments. The Trump administration has proposed cutting its budget by roughly $500 million and reducing research at the outpost.

Tagged as: 

  • Science

Economists warn Trump's research cuts could have dire consequences for GDP

President Trump has proposed slashing federal scientific funding. Economists say the long-term consequences could be dire.

May 08, 2025
|
By:
  • Geoff Brumfiel
Kimberly Drennan, CEO and cofounder of Colorado company HiveTech Solutions, checking on her bees in Boulder.

Tagged as: 

  • Economy

Americans are already seeing Trump's tariffs kick in. They sent in receipts to prove it

There's new tariffs on almost everything that is imported. Some of that increased cost is being eaten by exporters in other countries, but a lot of the higher prices are being picked up by Americans, who are seeing it in their receipts.

May 08, 2025
|
By:
  • Emily Feng
Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on May 7 in Washington, D.C.

Tagged as: 

  • News

Fed keeps interest rates steady. And, Catholics around the world wait for a new Pope

The Federal Reserve held interest rates steady amid uncertainty over President Trump's trade war. And, the Trump administration has plans to deport migrants without legal status to Libya.

May 08, 2025
|
By:
  • Brittney Melton
Secretary of Agriculture Brooke Rollins testifies on Capitol Hill in Washington, D.C., on May 6, 2025.

Tagged as: 

  • Politics

USDA chief says agency is trying to fill key jobs after paying 15,000 to leave

Secretary of Agriculture Brooke Rollins says the department will consider bringing back some employees who took the government's deferred resignation offer.

May 07, 2025
|
By:
  • Andrea Hsu
An Energy Star logo is displayed on a box for a freezer Jan. 21, 2025, in Evendale, Ohio.

Tagged as: 

  • Business

Energy Star, efficiency program that has steered consumer choice, targeted in cuts

An Environmental Protection Agency plan to eliminate its Energy Star offices would end a decades-old program that gave consumers a choice to buy environmentally friendly electronics and save money on bills, consumer and environmental groups said.

May 07, 2025
|
By:
  • The Associated Press
A view of shipping cranes at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Los Angeles and Long Beach ports are seeing significant drops in expected cargo ships coming into port this week due to tariffs imposed by the Trump Administration.

Tagged as: 

  • Business

In the wake of tariffs, cargo at the Port of LA is down 35%

The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly.

May 07, 2025
|
By:
  • Steve Futterman
Actor Jon Voight, his advisor and CEO of SP Media Group Steven Paul, President Trump, and SP Media Group/Atlas Comics president Scott Karol met at Mar-a-Lago over the weekend.

Tagged as: 

  • Business

How a visit from actor Jon Voight led Trump to post about movie tariffs

Since he announced his intention to impose a 100% tariff on movies made outside of the United States, President Trump has hedged, saying he's open to meeting with industry leaders.

May 07, 2025
|
By:
  • Mandalit del Barco
  • Load More

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