U.S. manufacturers stuck in rut despite subsidies from Biden, protection from Trump
Democrats and Republicans don’t agree on much, but they share a conviction that the government should help American manufacturers, one way or another.... Read More
Associated Press
Trump plans to hike tariffs on Canadian goods to 35%
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.... Read More
Senate confirms former Republic Airways CEO Bryan Bedford as new FAA administrator
The U.S. Senate on Wednesday confirmed Bryan Bedford, former CEO of Carmel-based Republic Airways, to lead the Federal Aviation Administration, putting him in charge of the federal agency at a precarious time for the airline industry after recent accidents.... Read More
Republicans urge Notre Dame, other universities to cut ties with China-backed program
House Republicans are urging seven U.S. universities, including the University of Notre Dame, to cut ties with a Chinese scholarship program that lawmakers call a “nefarious mechanism” to steal technology for the Chinese government.... Read More
Supreme Court clears the way for Trump’s plans to downsize federal workforce
The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs.... Read More
Removing shoes at U.S. airports may soon be a thing of the past
The Transportation Security Administration is looking to abandon the additional security step that has for years bedeviled anyone passing through U.S airports, according to media reports.... Read More
Trump to put 25% tariffs on Japan and South Korea, new import taxes on five others
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar, all of which would go into effect on Aug. 1.... Read More
Wegovy and Zepbound prices fall, but access to the obesity drugs still isn’t guaranteed
The medications still amount to around $500 per month for those without insurance — out of reach for many patients. And even for people with insurance, coverage remains uneven.... Read More
U.S. employers added a surprising 147,000 jobs in June, unemployment falls
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. The unemployment rate ticked down to 4.1% from 4.2% in May.... Read More
WNBA expanding to Cleveland, Detroit, Philadelphia
The WNBA is expanding to 18 teams over the next five years, with Cleveland, Detroit and Philadelphia all set to join the league by 2030.... Read More