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Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty
President Donald Trump is preparing to formally announce 25% tariffs on steel and aluminum imports
February 10, 2025Trump slaps taxes on foreign steel, aluminum, a move that proved costly in first term
President Donald Trump is hitting foreign steel and aluminum with a 25% tax
February 10, 2025Why are Ukraine's minerals key to keeping US military aid flowing?
Ukraine has offered to strike a deal with U.S. President Donald Trump for continued American military aid in exchange for developing Ukraine’s mineral industry
February 11, 2025
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33 minutes ago
Board rejects rate increase to help restructure debt of Puerto Rico power company
The executive director of a federal control board that oversees Puerto Rico’s finances says it is “impossible” for the U.S. territory to pay the $8.5 billion bondholders are demanding in a bankruptcy case involving the island’s power company
33 minutes ago
3 hours ago
California's insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires
3 hours ago
February 11
Trump administration owes US business millions in unpaid bills amid USAID shutdown, lawsuit says
A new lawsuit accuses the Trump administration of stiffing U.S. businesses of hundreds of millions of dollars in unpaid bills for work that has already been done amid its dismantling of the U.S. Agency for International Development
February 11
February 11
Almost 800 years of pomp and circumstance ensures the quality of Britain's currency
A jury has convened in London for an ancient ceremony to certify that British coins meet the strictest of standards
February 11
February 11
An unwanted double: US sales fall for American whiskeys as threats of a trade war heat up
Like a watered-down drink, domestic sales for American whiskeys were unsatisfying in 2024 as inflation reined in consumer spending on some distilled spirits
February 11
February 11
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the oil company to either sell or spin off its midstream unit to help boost its stock price
February 11
February 11
Trump tariffs rattle small business owners already dealing with tight margins
President Donald Trump’s continued roll out of a wide array of tariffs is rattling small business owners already dealing with tight profit margins
February 11
February 11
Coca-Cola posts strong fourth quarter revenue as global sales volumes rise
Coca-Cola posted better-than-expected revenue in the fourth quarter as its sales volumes rose in the U.S., China and elsewhere
February 11
February 11
Ex-employees say Musk ally was a 'hatchet man'
The tech executive is bringing private business practices into government.
February 11
February 11
EU vows countermeasures to US tariffs; bourbon, jeans, peanut butter, motorcycles easy targets
European Union chief Ursula von der Leyen vowed that U.S. tariffs on steel and aluminum “will not go unanswered” and will trigger tough countermeasures from the 27-nation bloc
February 11
February 11
Corruption survey gives many nations worst scores in over a decade
Many countries have their worst showing in more than a decade in an index that serves as a barometer of public sector corruption worldwide
February 11
February 11
Why are Ukraine's minerals key to keeping US military aid flowing?
Ukraine has offered to strike a deal with U.S. President Donald Trump for continued American military aid in exchange for developing Ukraine’s mineral industry
February 11
February 10
South Korea's top think tank lowers economic growth projection, citing Trump's tariffs
South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in four months, expressing concern about the potential impact of U.S. President Donald Trump’s expanding tariffs
February 10
February 10
Asian stocks down after Trump imposes tariffs on imports of steel and aluminum
Stocks in Asia are mostly down after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum
February 10
February 10
Trump slaps taxes on foreign steel, aluminum, a move that proved costly in first term
President Donald Trump is hitting foreign steel and aluminum with a 25% tax
February 10
February 10
What Mexico's richest man thinks Trump should do in his second term
Mexican businessman Carlos Slim, one of the world’s richest people, holds forth once a year on a wide range of topics
February 10
February 10
Trump says he is considering tariff exemptions on Australian steel and aluminum
U.S. President Donald Trump says he has agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone conversation with Australia’s prime minister
February 10
February 10
Tennessee governor proposes another $1B toward roads amid a $30B project backlog
Tennessee Gov. Bill Lee is proposing an injection of more than $1 billion into road projects to address the state’s $30 billion projects backlog
February 10
February 10
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump has ordered the U.S. to stop minting pennies
February 10
February 10
Volunteers are now tracking what's already been lost in the USAID freeze
A growing number of people and groups in the international development ecosystem have stepped forward to track the widespread impacts of the freeze on U.S. foreign aid
February 10
February 10
Trump directs Treasury to stop minting new pennies
ABC News’ Alexis Christoforous discusses the impact of a U.S. economy with no pennies.
February 10
February 10
Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty
President Donald Trump is preparing to formally announce 25% tariffs on steel and aluminum imports
February 10
February 10
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy
February 10
February 10
Stricter lobster fishing rules scrapped after complaints from fishermen about harm to industry
Fishing industry regulators have decided to scrap stricter new lobster fishing standards off New England in the wake of months of protest from lobster fishermen that the rules were unnecessary and would bankrupt harvesters
February 10
February 10
Secrecy preceded the shutdown of the consumer protection agency's Washington headquarters
President Donald Trump’s budget chief has sent an email to consumer protection agency employees telling them to stop working
February 10
February 10
Can Trump bring unions into the GOP fold? His labor nominee presents a major test
President Donald Trump has repeatedly challenged Senate Republicans with his Cabinet picks
February 10
February 10
McDonald's improving global sales help to offset US weakness in fourth quarter
Improving international sales helped McDonald’s overcome some weakness at home in the fourth quarter
February 10
February 10
McDonald's global sales pick up the slack as U.S. restaurants struggled
McDonald's global sales pick up the slack as U.S. restaurants struggled
February 10
February 10
A timeline of US-China tit-for-tat tariffs since Trump's first term
China’s tit-for-tat duties on U.S. imports have taken effect
February 10
February 09
Asian shares trade mixed after Wall Street slumps on Trump tariff worries
Asian shares are trading mixed, as investors found bargains despite worries about President Donald Trump’s tariffs
February 09
February 09
Trump has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin
February 09
February 09
Trump says he has directed Treasury to stop minting new pennies, calling the coin 'wasteful'
Trump says he has directed Treasury to stop minting new pennies, calling the coin 'wasteful'
February 09
February 09
Trump administration orders consumer protection agency to stop work, closes building
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal
February 09
February 09
Super Bowl commercials rely on comedy and nostalgia to avoid potential missteps
The Philadelphia Eagles dominated the Kansas City Chiefs on the field in this year’s Super Bowl, while laughter dominated the commercials
February 09
February 09
Recent aviation disasters cause fears about the safety of flying
Recent aviation disasters and close calls definitely have people worried about the safety of flying
February 09
February 07
Trump pauses tariffs on millions of low-value packages from China
President Donald Trump has paused the imposition of tariffs on small-value packages arriving from China
February 07
February 07
US employers added just 143,000 jobs last month
ABC News’ Alexis Christoforous breaks down the report which also shows that the jobless rate slipped to 4% to start 2025.
February 07
February 07
Efforts to put carbon dioxide underground face less support in Trump's second term
U.S. efforts to put carbon dioxide from power plants and industrial facilities underground where they won't contribute to global warming could see less federal support under President Donald Trump although demand for the technology remains high
February 07
February 07
Nielsen says Christmas had more viewing on streaming services than any day ever
Christmas Day marked a milestone in media history, even if it's likely to be surpassed
February 07
February 07
Forget saving the planet. Clean energy leaders sharpen a new message: Money and jobs
Saving the planet is so 2024
February 07
February 07
Indonesia orders the halting of tourism projects linked to Trump over environmental issues
Officials say Indonesian authorities have ordered the halting of development of a tourism project affiliated with U.S. President Donald Trump over water management and environment issues
February 07
February 07
China lashes out at US 'coercion' as Panama declines to renew agreement
China on lashed out at what it called U.S. “coercion” after Panama declined to renew a key infrastructure agreement with Beijing following Washington’s threat to take back the Panama Canal
February 07
February 07
Kosovo elections will decide who will lead stalled talks with Serbia and manage a battered economy
Kosovo goes to the polls Sunday in a parliamentary election expected to be a key test for Prime Minister Albin Kurti after his party won in a landslide four years ago
February 07
February 07
US importers stockpile Italian Prosecco as a hedge against possible Trump tariffs
American importers have been stockpiling the popular Italian bubbly Prosecco as a hedge against the possible impact of tariffs threatened by President Donald Trump
February 07
February 06
Hong Kong's post office continues to suspend packages for US
Hong Kong’s post office has announced it would continue to suspend shipping items containing goods to the United States until further notice, despite its American counterpart having reversed its ban on packages from the city and other parts of China
February 06
February 06
Trump promotes misleading claims about federal government’s media subscriptions
Federal government payments for subscriptions to media outlets have become the latest target of President Donald Trump's spending hawks
February 06
February 06
US employers added just 143,000 jobs last month, jobless rate slips to 4%
U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025 and the government revised November and December payrolls higher
February 06
February 06
22 states sue New York state, alleging environmental fund is unconstitutional
Twenty-two states are suing New York state, contending that a new law forcing energy companies to pay $75 billion into a fund to cover climate change damage is unconstitutional
February 06
February 06
Trump's Justice Department ends Biden-era task force aimed at seizing assets of Russian oligarchs
The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine
February 06
February 06
Flying's gotten safer — and less reported on. Washington crash shows how the aviation beat is fading
In the days after last week's plane collision in Washington, Pete Muntean was a fixture on the air at CNN
February 06