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Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s ‘big, beautiful bill’

By Lisa Mascaro, Associated Press

Republican leaders are pushing to fast-track the package by Trump's Fourth of July deadline.

Fed officials left in ‘uncomfortable purgatory’ as tariffs complicate this week’s rate decision

By Christopher Rugaber, Associated Press

With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%.

WATCH: Senate passes crypto bill ‘GENIUS Act’ without addressing Trump’s investments

By Joey Cappelletti, Mary Clare Jalonick, Alan Suderman, Associated Press

The fast-moving legislation, which passed by a 68-30 vote and will be sent to the House for potential revisions, comes on the heels of a 2024 campaign cycle in which the crypto industry ranked among the top political spenders in…

G7 leaders gather in Canada for summit overshadowed by trade wars and Israel-Iran crisis

By Rob Gillies, Jill Lawless, Associated Press

Leaders of some of the world’s biggest economic powers are arriving in the Canadian Rockies on Sunday for a Group of Seven summit, overshadowed by an escalating conflict between Israel and Iran and U.S. President Donald Trump’s unresolved trade war with allies and…

Consumer sentiment rises for first time in 2025 as inflation remains tame

By Christopher Rugaber, Associated Press

The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, jumped 16% from 52.2 to 60.5.

News Wrap: Trump says tariffs on Chinese imports will stand at 55 percent

In our news wrap Wednesday, President Trump says tariffs on Chinese imports will stand at 55 percent as U.S. and Chinese negotiators reached a framework agreement, the EPA is seeking to roll back Biden-era rules that limit the greenhouse gases…

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What experts think about the $1,000 ‘Trump accounts’ for babies

By Hannah Grabenstein

The program has bipartisan backing and is generally supported by economists and other researchers.

Trump says U.S. will get rare earth minerals from China and tariffs on Chinese goods will total 55% under new trade framework

By Darlene Superville, Josh Boak, Didi Tang, Paul Wiseman, Associated Press

Trump didn’t fully spell out what concessions the U.S. made. Beijing has not confirmed what the negotiators agreed to, and Chinese President Xi Jinping and Trump himself have yet to sign off on it.

U.S. inflation rose slightly last month as grocery prices ticked higher

By Anne D'Innocenzio and Christopher Rugaber, Associated Press

The figures suggest inflation remains stubbornly above the Federal Reserve's 2% target, which makes it less likely that the central bank will cut its key short-term interest rate.

Apple unveils software redesign while reeling from AI missteps and Trump’s trade war

By Michael Liedtke, Associated Press

After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.