Jun 03 SpaceX plans to raise up to $75 billion in an IPO that would be the largest ever and could make Elon Musk a trillionaire By Bernard Condon, Associated Press SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. Continue reading
Jun 03 WATCH: Johnson says Trump wants U.S. allies to help reopen Strait of Hormuz By Associated Press Speaker Mike Johnson said on Wednesday he spent three hours at the White House with President Donald Trump, Vice President JD Vance and Secretary of State Marco Rubio, as the president is working on “that final piece” to reopen commerce… Continue reading
Jun 03 U.S. says it plans extra tariffs of 10% or more for most trading partners after forced labor probe By Paul Wiseman, Elaine Kurtenbach, Associated Press President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago. Continue reading
Jun 02 Canada calls on U.S. and Mexico to renew free trade agreement for another 16 years By Rob Gillies, Associated Press Trump posted "51st State!" on social media late Monday. Continue reading
Jun 02 U.S. job openings climbed to 7.6 million in April despite economic fallout from Iran war By Paul Wiseman, Associated Press The job vacancies that U.S. employers posted in April were up from 6.9 million in March and much higher than the 6.8 million economists had forecast. Continue reading
Jun 01 Trump faces a new inflation warning from the bond market, adding to his midterm challenges By Josh Boak, Associated Press The world is getting more uptight about lending money to President Donald Trump’s government. Continue reading
May 31 Older Americans often compelled to keep working — and face criticism for doing so By Lee Ann Rawlins Williams, The Conversation Over the past several decades, demographic and economic changes have significantly altered how people experience work and aging. Continue reading
May 30 Trump plans to appeal ruling letting importers seek refunds of paid struck-down tariffs By Mae Anderson, Associated Press Businesses big and small have started receiving tariff refunds after the U.S. Supreme Court ruled that President Trump lacked the constitutional authority to impose higher import taxes on goods from nearly every other country. Continue reading
May 29 Tomatoes become latest symbol of America's affordability squeeze By Matt Sedensky, Associated Press Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs. Continue reading
May 28 Key inflation gauge worsens as Americans' income and spending power erodes By Christopher Rugaber, Paul Wiseman, Associated Press A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Continue reading