May 08 WATCH: OpenAI co-founder Sam Altman testifies on AI competition in Senate hearing By Matt Brown, Associated Press The hearing comes as the race to control the future of artificial intelligence is heating up between companies and countries. Altman's OpenAI is in a furious race to develop the best artificial intelligence model against tech rivals like Alphabet and… Continue reading
May 08 WATCH: Trump announces trade deal with UK, cutting tariffs on autos, steel and aluminum By Josh Boak, Chris Megerian, Jill Lawless, Associated Press The announcement provided a political victory for U.K. Prime Minister Keir Starmer and offered a degree of validation for President Donald Trump's claims that his turbulent approach on trade may be able to rebalance the global economy on his preferred… Continue reading
May 07 China agrees to trade talks with the U.S. and rolls out more stimulus as tariffs hit economy By Ken Moritsugu, Elaine Kurtenbach, Associated Press President Donald Trump's tariffs, set as high as 145 percent on imports from China, have begun to take a toll on its export-dependent economy at a time when it's already under pressure from a prolonged downturn in the property sector. Continue reading
May 07 WATCH: Powell holds news conference after Fed leaves key interest rate unchanged By Christopher Rugaber, Associated Press The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in a row at the end of last year. Continue reading
May 07 WATCH: Treasury Secretary Bessent testifies on the international financial system amid trade wars By Associated Press Bessent is expected to testify before the House Financial Services Committee at 10 a.m. EDT. Watch live here. Continue reading
May 06 Spanish parliament to consider cutting workweek to 37.5 hours By Associated Press Workers in Spain may soon have 2.5 more hours of weekly rest. Continue reading
May 06 WATCH: House Democrats blast Trump budget bill By Lisa Mascaro, Associated Press Democrats say they will fight what House party leader Hakeem Jeffries calls the “extreme Republican agenda.”… Continue reading
May 06 WATCH: Treasury Secretary Bessent testifies on the White House’s 2026 budget request By Associated Press Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January. Continue reading
May 05 Oil prices tumble after OPEC+ says it will step up production By Associated Press Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. Continue reading
May 04 Watch 5:02 How tariffs on imported auto parts may affect car prices and repair costs By John Yang, Andrew Corkery, Gerard Edic Trump has seemed to shrug off worries that his trade tariffs will raise prices on everyday items for Americans. Prices on new and used cars are likely to go up due to the 25 percent levies on imported auto parts,… Continue watching