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News Articles: Business

Chinese-made cars are lined up in rows at the port in Nanjing, in China's eastern Jiangsu province, on April 16 as they wait to be loaded onto ships for export.

Tagged as: 

  • Business

First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now

Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.

May 13, 2025
|
By:
  • Scott Horsley
Shipping containers are stacked at the Port of Los Angeles, California, on May 6.

Tagged as: 

  • News

Importers respond U.S.-China tariff cuts. And, takeaways from day 1 of Diddy's trial

Importers are ready to get back to business after the U.S. cut tariffs on China, but uncertainty looms. And, media mogul Diddy's first day of trial held a slew of accusations.

May 13, 2025
|
By:
  • Brittney Melton
A control room at the Arizona PBS offices in Phoenix is seen Friday, May 2, 2025. Earlier this month, President Trump issued an executive order claiming to direct CPB's board to end federal funding to PBS and NPR.

Tagged as: 

  • Politics

Trump tried to fire Corporation for Public Broadcasting board members. Then came DOGE

DOGE staffers tried to assign a team to the independent Corporation for Public Broadcasting after President Trump's purported firing of three board members last month.

May 12, 2025
|
By:
  • Stephen Fowler
Traders work on the floor of the New York Stock Exchange at the opening bell on Thursday in New York City. Stocks surged on Monday after China and the U.S. clinched a temporary deal on tariffs.

Tagged as: 

  • Economy

Stocks soar after U.S. and China agree to temporarily slash tariffs

Stocks rallied after the U.S. and China said they would slash tariffs on each other's imports for 90 days.

May 12, 2025
|
By:
  • Scott Horsley
WASHINGTON, DC - MARCH 12: The headquarters of the Department of Education are shown March 12, 2025 in Washington, DC. The Department of Education announced yesterday that it will reduce its staff by nearly 50 percent, leaving the department with 2,183 workers, a reduction from 4,133 when U.S. President Donald Trump took office for his second term. (Photo by Win McNamee/Getty Images)

Tagged as: 

  • Education

The future of student loan repayment, explained

A Republican overhaul would reduce borrowers' repayments options from several plans to just two.

May 12, 2025
|
By:
  • Cory Turner
A woman walks past Chinese and United States' national flags on display at a merchandise store in Beijing.

Tagged as: 

  • Asia

The U.S. and China announce a deal to cut tariffs, temporarily easing trade war

U.S. levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.

May 12, 2025
|
By:
  • Willem Marx and
  • Emily Feng
Chinese and U.S. flags wave outside a technology company in Beijing, on April 17.

Tagged as: 

  • News

The U.S. and China cut tariffs. And, what's expected from Trump's Middle East trip

The U.S. and China ease the trade war with a significant cut to recently imposed tariffs. And, President Trump's trip to the Middle East is expected to involve a lot of commerce and cultural exchanges.

May 12, 2025
|
By:
  • Brittney Melton
U.S. Secretary of the Treasury Scott Bessent, left, and U.S. Trade Representative Jamieson Greer speak to the press after the second day of a bilateral meeting between the United States and China, in Geneva, Switzerland, on Sunday, May 11, 2025.

Tagged as: 

  • World

U.S. and China cite progress in trade talks but release few details

Treasury Secretary Scott Bessent said details will be released Monday after a weekend of talks in Switzerland.

May 11, 2025
|
By:
  • Willem Marx
Anthony Lee is president of NTEU Chapter 282, the union representing close to 9,000 employees at the Food and Drug Administration.

Tagged as: 

  • Politics

Federal employee unions fight for survival as Trump tries to eviscerate them

In 1978, Congress gave federal workers the right to organize and bargain collectively, finding it in the public interest. Now Trump wants to end those labor rights for most of the federal workforce.

May 11, 2025
|
By:
  • Andrea Hsu
Mr. Squawker, a rubber toy duck from the 1950s, is part of the collection on display at The Rubber Duck Museum in Washington state. It was designed for the Ohio-based Rempel Manufacturing "with a cheerful expression and a distinctive squawking sound when squeezed," the museum's plaque reads.

Tagged as: 

  • National

Tariff troubles: A rubber duck museum is migrating to Canada to stay afloat

Upset by tariffs and President Trump's insistence on making them the 51st state, Canadians are boycotting the U.S. Without them, the Rubber Duck Museum can't stay afloat. So, it's moving to Canada.

May 10, 2025
|
By:
  • Martha Ann Overland
U.S. Treasury Secretary Scott Bessent leaves his hotel to attend a meeting with China's officials on tariffs in Geneva, on Saturday.

Tagged as: 

  • World

U.S. and China begin talks amid tensions over Trump's tariff war

The meetings between top U.S. and Chinese officials in Geneva represent the first potential efforts to end a trade war that has frazzled financial markets.

May 10, 2025
|
By:
  • Willem Marx
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
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