Tag: Breaking News: Politics
RTX, GE Aerospace expect more than $1 billion tariff impact
Men work with a jet engine at General Electric (GE) Celma, GE's aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil.YASUYOSHI CHIB [...]
Harvard’s battle with Trump creates thorny financial situation
Harvard University's Dunster House in Cambridge, Massachusetts.Blake Nissen for The Boston Globe via Getty ImagesHarvard's brewing conflict with the T [...]
Tariffs have generated $500 million since April 5
Shipping containers, including one of China Shipping, lie on flatbed railway cars as dock cranes stand behind at Hamburg Port on April 15, 2025 in Ham [...]
Proposed SNAP cuts could pressure low-income shoppers and retailers
Shoppers at the Walmart Supercenter in Burbank in Burbank Thursday, Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesFor millions of l [...]
U.S. vehicle supply falls amid tariff fear-buying
Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California. Justin Sullivan | Getty ImagesDETROIT – Su [...]
United Airlines (UAL) Q1 2025 earnings
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Termin [...]
Airlines bank on splurging vacationers as clouds form on economy
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022.AaronP | Bauer-Griffin | GC Images | Getty ImagesAirlines have a bi [...]
Mortgage rates surge over 7% as tariffs hit bond market
The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%, according to Mortgage News Daily. That's the highest rat [...]
Mattel, Hasbro stocks sink after Trump’s China tariffs
Toys made by Mattel, Hasbro and others are seen at a Macy's store in New York.Staff | ReutersThere's trouble in Toyland.Toy giants Mattel and Hasbro h [...]
Trump’s triple-digit tariff essentially cuts off most trade with China, says economist
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025.Nathan Howard | ReutersPresident Do [...]
United Air, Microchip lead stocks posting 20%-plus reversals Wednesday
United Airlines planes land and prepare to take off at Newark Liberty International Airport in Newark, New Jersey, , U.S., January 27, 2025. Fabrizio [...]
Trump says pharmaceutical tariffs are coming, stocks fall
The Lilly Biotechnology Center in San Diego, California, on March 1, 2023.Mike Blake | ReutersShares of drugmakers fell on Wednesday after President D [...]
How China could crush the U.S. housing market
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California.George Rose | Getty Images [...]
U.S. financial regulator says email hack exposed sensitive bank data
A pedestrian passes the seal of the Office of the Comptroller of the Currency (OCC) displayed outside the organization's headquarters in Washington, D [...]
Airlines expected to cut 2025 outlooks as travel demand falters
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024.Joan Valls | Nurphoto | Getty ImagesWa [...]