May 13 UnitedHealth Group, largest health insurer in U.S., withdraws financial outlook for 2025 By Michelle Chapman, Associated Press UnitedHealth CEO Andrew Witty is stepping down for personal reasons as the health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Continue reading
May 13 Egg prices drop for the first time in more than 6 months, but remain high By Dee-Ann Durbin, Associated Press The average price of eggs of all sizes fell 12.7%, which was the steepest monthly decline since March 1984. Continue reading
May 13 Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt By Christopher Rugaber, Associated Press Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries. Continue reading
May 12 Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war By Stan Choe, Associated Press U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%. Continue reading
May 12 U.S. and China reach temporary deal to reduce sky-high tariffs for 90 days, plan more talks By Jamey Keaten, David McHugh, Elaine Kurtenbach, Ken Moritsugu, Associated Press Stock markets rose sharply as the globe's two major economic powers took a step back from a clash that has unsettled the global economy. Continue reading
May 11 No breakthroughs on 2nd day of U.S.-China tariff talks, but Trump touts ‘great progress’ By Jamey Keaten, Christopher Bodeen, Associated Press The U.S. and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand. Continue reading
May 10 U.S.-China tariff talks begin in Geneva as the world looks for signs of hope By Paul Wiseman, Didi Tang, Jamey Keaten, Associated Press The U.S. treasury secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy. Continue reading
May 09 China’s exports to U.S. sink, offset by trade with other economies, as Trump’s tariffs hit global trade By Elaine Kurtenbach, Associated Press China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump's tariffs offensive is hastening a shakeup in global supply chains. Continue reading
May 09 WATCH: White House weighs in on why Trump plans to attend memecoin dinner By Associated Press President Donald Trump will attend a May 22 dinner at his Virginia golf club for the largest investors in the memecoin $TRUMP, and has used his social media site to drum up interest. Continue reading
May 09 Trump signals he may lower tariffs on China By Seung Min Kim, Josh Boak, Associated Press President Donald Trump has floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world's two largest economies. Continue reading