Sep 29 U.S. ban on $1 billion worth of Canadian imports, from motorcycles to booze, goes into effect By Paul Wiseman, Associated Press The ban amounts to barely a ripple in $880 billion worth of annual two-way trade between the two northern neighbors. But it marks another ratcheting up of President Donald Trump’s second-term trade war with America’s longtime ally and trading partner. Continue reading
Sep 28 Watch 6:18 What Trump's rollback of fuel economy standards means for drivers By Amna Nawaz, Courtney Norris, Karina Cuevas The Trump administration is rolling back federal fuel economy standards for new vehicles. The move reverses policies meant to increase fuel efficiency to encourage greater use of electric vehicles. The boost for gasoline-powered vehicles comes as the war in Iran… Continue watching
Sep 28 Watch 6:31 High mortgage rates compound housing affordability challenges By Amna Nawaz, Jackson Hudgins, Molly Mazilu The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact… Continue watching
Sep 28 WATCH: Trump announces new steel plant project in Iowa By Associated Press President Donald Trump credited his "powerful" steel tariffs for the opening of a future steel plant. Continue reading
Sep 28 Trump administration lowers fuel economy standards, critics say at a significant environmental cost By Anne D'Innocenzio, Associated Press The change furthers President Donald Trump’s promise to revoke policies that encouraged or created incentives for the production of electric vehicles. Continue reading
Sep 25 Watch 6:13 Mexico's foreign secretary on Trump, cartel violence and U.S. trade talks By Amna Nawaz, Veronica Vela President Trump struck the United States-Mexico-Canada Agreement in his first term, but threw out that trade agreement after retaking office last year. He imposed steep tariffs on both neighbors and even started a trade war with Canada. To discuss trade… Continue watching
Sep 24 Watch 8:42 How the diesel price spike is rippling through nearly every part of the economy By William Brangham, Jackson Hudgins A rapid surge in the price of diesel fuel is straining businesses and threatening to raise costs across the economy. It’s also putting pressure on President Trump to bring relief at the pump, including through a diesel export ban that’s… Continue watching
Sep 24 Watch 9:30 'We want more guardrails,' Kalshi CEO says as calls grow for prediction market regulation By Liz Landers, Doug Adams As prediction markets continue to expand, they are drawing attention in Washington and states across the country. Companies like Kalshi and Polymarket allow people to trade contracts tied to the outcomes of real-world events, including elections. Liz Landers discussed the… Continue watching
Sep 24 Starbucks to shutter 250 stores in North America, a year after big wave of closings By Dee-Ann Durbin, Associated Press The company didn't say Thursday which coffeehouses will close, how many are located in the U.S. or how many are unionized. Continue reading
Sep 24 Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare By Paul Wiseman, Associated Press So far this year, claims have mostly stayed below 220,000 — historically low. Continue reading