Jun 22 Oil prices rise, U.S. stock futures slide in response to U.S. strikes on Iranian nuclear sites By Associated Press The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran. Continue reading
Jun 20 AI and ‘recession-proof’ jobs: 4 tips for new job seekers By Hannah Grabenstein Experts told PBS News that there are plenty of concrete steps grads can take to help make the job search less painful and more rewarding. Continue reading
Jun 19 Russia’s on ‘the brink of recession,’ country’s economy minister says The economy, hit with a slew of sanctions after the Kremlin sent troops into Ukraine in February 2022, has so far outperformed predictions. Continue reading
Jun 18 Nippon Steel finalizes $15 billion buyout of U.S. Steel after sealing national security agreement By Marc Levy, Associated Press The pursuit by Nippon Steel for the Pittsburgh-based company was buffeted by national security concerns and presidential politics in a premier battleground state, dragging out the transaction for more than a year after U.S. Steel shareholders approved it. Continue reading
Jun 18 U.S. unemployment claims dip to 245,000, hovering at historically low levels By Paul Wiseman, Associated Press So far this year, employers are adding a decent but far from spectacular number of jobs each month. Continue reading
Jun 17 Trump suggests he’ll again extend deadline for TikTok’s Chinese owner to sell app By Associated Press Trump also said he thinks Xi would "ultimately approve" a deal to divest TikTok's business in the United States. Continue reading
Jun 17 Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s ‘big, beautiful bill’ By Lisa Mascaro, Associated Press Republican leaders are pushing to fast-track the package by Trump's Fourth of July deadline. Continue reading
Jun 17 Fed officials left in ‘uncomfortable purgatory’ as tariffs complicate this week’s rate decision By Christopher Rugaber, Associated Press With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%. Continue reading
Jun 17 WATCH: Senate passes crypto bill ‘GENIUS Act’ without addressing Trump’s investments By Joey Cappelletti, Mary Clare Jalonick, Alan Suderman, Associated Press The fast-moving legislation, which passed by a 68-30 vote and will be sent to the House for potential revisions, comes on the heels of a 2024 campaign cycle in which the crypto industry ranked among the top political spenders in… Continue reading
Jun 15 G7 leaders gather in Canada for summit overshadowed by trade wars and Israel-Iran crisis By Rob Gillies, Jill Lawless, Associated Press Leaders of some of the world’s biggest economic powers are arriving in the Canadian Rockies on Sunday for a Group of Seven summit, overshadowed by an escalating conflict between Israel and Iran and U.S. President Donald Trump’s unresolved trade war with allies and… Continue reading