Jan 24 Target says it is ending its DEI goals and programs, citing an ‘evolving external landscape’ By Anne D'Innocenzio, Associated Press Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and, as of this… Continue reading
Jan 24 2024 U.S. home sales fell to the lowest level in nearly 30 years as prices and mortgages soared By Alex Veiga, Associated Press The National Association of Realtors said Friday that existing U.S. home sales totaled 4.06 million last year, a 0.7% decline from 2023. Continue reading
Jan 23 Watch 3:16 How global business leaders are responding to Trump’s tariff threats By Geoff Bennett, Jackson Hudgins Before an audience of world leaders and top business people, President Trump tried to convince them to invest in the U.S. by promising lower taxes and threatening tariffs if they don't. Geoff Bennett discussed the various messages and threats with… Continue watching
Jan 23 WATCH: Trump promises tax cuts and threatens tariffs at meeting of global elite in Davos By Zeke Miller, Josh Boak, Jamey Keaten, Associated Press Speaking by video from the White House to the annual summit in Davos, Switzerland, on his third full day in office, Trump ran through his flurry of executive actions since his swearing-in and claimed that he had a “massive mandate”… Continue reading
Jan 21 What’s next for EVs as Trump aims to eliminate Biden-era incentives? By Alexa St. John, Matthew Daly, Associated Press The order, along with other steps expected in a second Trump administration, could slow U.S. efforts to address climate change, much of which is caused by burning gasoline and diesel fuel that emit carbon dioxide and other planet-warming greenhouse gases. Continue reading
Jan 21 WATCH: Trump holds first news conference, announcing major AI investment By Josh Boak, Zeke Miller, Associated Press President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. Continue reading
Jan 16 WATCH: Scott Bessent testifies at Senate confirmation hearing for treasury secretary By Fatima Hussein, Associated Press U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut. Continue reading
Jan 11 WATCH: Biden says he’s leaving economy ‘stronger than ever’ for Americans as his term nears end By Associated Press President Joe Biden lauded his administration’s record on the economy after the labor department reported Friday a surge in job growth and decline in unemployment last month. Continue reading
Jan 08 Longshoremen reach tentative deal with ports and shippers, averting potential strike By Paul Wiseman, Associated Press The International Longshoremen's Association union and the U.S. Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week ahead of a Jan. 15 deadline. Continue reading
Jan 06 McDonald’s joins other companies in rolling back diversity goals By Dee-Ann Durbin, Associated Press McDonald's said Monday that it planned to retire specific goals for achieving diversity at senior leadership levels. Continue reading