Jul 03 U.S. employers added 147,000 jobs last month despite uncertainty over economic policy By Paul Wiseman, Associated Press The unemployment rate ticked down 4.1% from 4.2% in May, the Labor Department said Thursday. Continue reading
Jul 02 Microsoft’s largest layoff in years hits Xbox gaming, sales and other divisions By Matt O'Brien, Associated Press Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years. Continue reading
Jul 02 Trump’s tariffs would cost U.S. employers $82.3 billion, potentially causing price hikes and layoffs By Josh Boak, Associated Press President Donald Trump says he's reached a trade deal with Vietnam. Trump says Vietnam will pay a 20% tariff on goods sent into U.S. territory and a 40% tariff on transshipping, which usually means exports from China that pass through… Continue reading
Jul 02 Trump says the Republican mega bill will eliminate taxes on Social Security. It does not By Fatima Hussein, Associated Press At best, Trump's "no tax on Social Security" claim exaggerates the benefits to seniors if either the House or Senate-passed proposals is signed into law. Continue reading
Jul 01 Here’s what’s in the big bill that just passed the Senate By Kevin Freking, Lisa Mascaro, Associated Press Tax cuts are the priority. Continue reading
Jul 01 Powell sticks to ‘wait and see’ approach as Trump ramps up criticism By Christopher Rugaber, Associated Press Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain. Continue reading
Jun 29 Trump says he’s not planning to extend pause on most of his tariffs beyond July 9 By David Klepper, Ali Swenson, Associated Press “We’ll look at how a country treats us — are they good, are they not so good — some countries we don’t care, we’ll just send a high number out,” Trump told Fox News Channel's "Sunday Morning Futures" during a… Continue reading
Jun 27 U.S. stocks close at an all-time high just months after plunging from Trump trade worries By Damian J. Troise, Alex Veiga, Associated Press The gains on Friday were broad, with nearly every sector within the S&P 500 rising. Continue reading
Jun 27 Trump says trade talks with Canada are suspended over its tax on technology firms By Michelle L. Price, Associated Press President Donald Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage… Continue reading
Jun 26 Judge tosses authors’ AI training copyright lawsuit against Meta By Matt O'Brien, Barbara Ortutay, Associated Press U.S. District Judge Vince Chhabria found that 13 authors who sued Meta “made the wrong arguments.” But the judge also said that the ruling is limited to the authors in the case and does not mean that Meta’s use of… Continue reading