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
May 04 Some of Warren Buffett’s best and worst investments in his 60 years at Berkshire Hathaway By Josh Funk, Associated Press Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling… Continue reading
May 03 Watch 2:59 News Wrap: Warren Buffett warns against U.S. using trade as a weapon In our news wrap Saturday, investor Warren Buffet said at Berkshire Hathaway’s annual meeting that the U.S. should not use trade as a weapon, Trump’s tariffs on cars and car parts kicked in with changes meant to blunt the impact… Continue watching
May 03 Warren Buffett makes surprise announcement that he plans to retire at the end of the year By Josh Funk, Associated Press Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the… Continue reading
May 02 Wall Street sees 9th straight day of gains, reclaiming losses since Trump’s tariff escalation By Damian J. Troise, Alex Veiga, Associated Press The rally was spurred by a better-than-expected report on the U.S. job market and resurgent hope for a ratcheting down in the U.S. trade showdown with China. Continue reading
May 02 China says it’s open to trade talks, but high tariffs remain an obstacle By Elaine Kurtenbach, Associated Press “The tariff and trade wars were unilaterally initiated by the U.S., if the U.S. side wants to talk, it should show its sincerity, and be ready to take action on issues such as correcting wrong practices and canceling the unilateral… Continue reading
May 02 Employers added a surprising 177,000 jobs, unemployment remains low, as job market shows resilience By Paul Wiseman, Associated Press President Donald Trump's aggressive and unpredictable policies have clouded the outlook for the economy but Friday's report showed the damage isn't showing up in the labor market yet. Continue reading