Despite pushback from business and Mexico, President Trump doubled down Friday on his threat to slap a 5% tariff on Mexican imports unless Mexico cracks down on migrants trying to cross the border.
Nation and World
A surprise announcement by President Donald Trump of an escalating tariff regime against Mexico is sending ripples through almost every economic sector in the U.S.
The U.S. economy grew at a solid 3.1% rate in the first three months of the year, but much of that gain was based on temporary factors.
Small and mid-size businesses want the federal government to follow through on a promise to rebuild the nation’s infrastructure — including roads, bridges and internet.
The global airline trade group says it expects the Boeing 737 Max jet will remain grounded at least through mid-August after two deadly crashes.
Though major studios have so far remained quiet on Georgia’s recently passed abortion law , Netflix on Tuesday said it will contest the legislation and “rethink our entire investment” in the state, should the law going into effect.
After more than a decade of rapid growth, Chinese travel to the U.S. is falling. And that has cities, malls and other tourist spots scrambling to reverse the trend.
MacKenzie Bezos is pledging half her $35B fortune to charity, following in the footsteps of billionaires Warren Buffett and Bill Gates.
In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes.
Pay for CEOs at S&P 500 companies rose to a median of $12 million last year, including salary, stock and other compensation, according to data analyzed by Equilar.
Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday.
The United States is delaying some restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on Huawei smartphone owners and smaller U.S. telecoms providers.
Shares of Tesla are down 50 percent since September, with concerns about demand for its Model 3 in the U.S. at the forefront.
The number of foreign companies that feel compelled to hand over technology in exchange for Chinese market access — an issue that sparked President Trump’s tariff fight — has doubled since two years ago, says a report.
President Donald Trump took steps Friday to ease tensions with America’s allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe.
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