United States Politics and Government
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
[ad_1] As trade tensions flared between the world’s largest economies, communication between the United States and China has been so shaky that the two superpowers cannot even agree on whether...
Republicans Wrestle With Trump’s Demands for Tax Cuts
[ad_1] It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and again in remarks to...
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
[ad_1] A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President...
Exxon and Chevron Report Lower Profits While Girding for Tariffs
[ad_1] The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has...
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
[ad_1] The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S. manufacturers...
U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans
[ad_1] The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in illegal kickbacks over several years to insurance brokers...
Amazon Says Operating Profits May Decline Amid Economic Uncertainty
[ad_1] As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer.First, the e-commerce company...
Microsoft Drops Simpson Thacher & Bartlett Law Firm
[ad_1] When big law firms attacked by President Trump decided to make a deal with him rather than fight, many did so because their leaders feared that clients would abandon...
Tesla Chair Denies That Board Sought to Replace Elon Musk
[ad_1] The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief executive who has been...
Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
[ad_1] European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the...
