U.S. Economy
Trump loses latest bid to get Central Park Five defamation lawsuit tossed
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner and Rwanda’s Foreign Minister Olivier Nduhungirehe in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters A federal judge on Friday dealt another blow to President Donald Trump’s […]
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What’s in the Senate’s version of Trump’s spending bill — and who stands to benefit
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters After weeks of sparring over the specifics of the “one big, beautiful bill,” the package is poised to soon head to […]
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Deep inside U.S. economy, more sticker prices start going up due to tariffs, and inventory is headed down
Albany Times Union/hearst Newspapers | Hearst Newspapers | Getty Images On the surface of the U.S. economy, prices are higher. The latest inflation data out on Friday from the government showed a bigger uptick than forecast. On Thursday, Nike said it took a $1 billion hit due to tariffs and the fact that price increases […]
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Why Americans fell out of love with the hotel minibar
Once synonymous with indulgent late-night snacks, hotel minibars were a hallmark of convenience for travelers in the 1990s and the early aughts. But that is not longer the case. The hotel minibar concept went global in 1974, when a Hilton in Hong Kong stocked its in-room fridges with tiny liquor bottles inspired by airline bar […]
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China, U.S. confirm details of their trade deal, Beijing says
China’s Ministry of Commerce in Beijing. Visual China Group | Getty Images The U.S. and China have confirmed details of a trade framework that seeks to allow rare earth exports and easing of tech restrictions, according to a statement released by China’s Ministry of Commerce Friday afternoon. China will review and approve export applications for […]
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Capitol Police arrest dozens of people protesting Medicaid cuts in Trump budget bill
U.S. Capitol Police arrest protesting members of American Disabled for Attendant Programs Today (ADAPT) in the atrium of the Hart Senate Office Building on Tuesday, June 24, 2025. The protesters chanted “no cuts to medicaid” while being arrested. Bill Clark | Cq-roll Call, Inc. | Getty Images U.S. Capitol Police arrested more than 30 protesters […]
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California ports see new wave of freight containers as ships try to beat China tariff hike
A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed […]
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Trump to Congress: ‘NO ONE GOES ON VACATION’ until spending bill passes
US President Donald Trump speaks to the press before boarding Marine One from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO’s Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty Images President Donald Trump on Tuesday ramped up his […]
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Senators will stay in D.C. until Trump’s ‘big, beautiful bill’ passes, Thune says
U.S Senate Majority Leader John Thune (R-SD) speaks to reporters following the weekly Republican policy luncheon at the U.S. Capitol Building on June 10, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Senate Majority Leader John Thune said Monday that lawmakers in his chamber will remain in Washington, D.C., until they pass President Donald […]
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U.S. isn’t at war with Iran, ‘we’re at war with Iran’s nuclear program,’ Vance says
US Vice President JD Vance speaks during a discussion at the Munich Leaders meeting hosted by the Munich Security Conference at the Willard Hotel in Washington, DC, May 7, 2025. Mandel Ngan | Afp | Getty Images Vice President JD Vance said Sunday that the United States is not at war with Iran, but with […]
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