May 29 Appeals court temporarily allows Trump to resume collecting tariffs under an emergency powers law By Paul Wiseman, Associated Press The appeals court temporarily halted the order from a federal trade court issued a day before. Continue reading
May 29 More Americans file for unemployment help but layoffs remain low despite uncertainty over tariffs By Matt Ott, Associated Press Jobless benefits applications rose by 14,000 to 240,000 for the week ending May 24, the Labor Department said Thursday. Continue reading
May 27 S&P 500 rallies 2% as Wall Street responds to Trump delay of 50% EU tariffs By Stan Choe, Associated Press They more than recovered their losses from Friday, when Wall Street's roller coaster dropped after Trump announced the tariffs on the European Union. Continue reading
May 27 U.S. consumer confidence bounces back after five straight months of declines amid tariff anxiety By Matt Ott, Associated Press Consumer confidence jumped 17.4 points to 72.8, but remained below 80, which can signal a recession ahead. Continue reading
May 26 EU trade negotiator says he’s had ‘good calls’ with U.S. after Trump extends tariff deadline By David McHugh, Associated Press The European Union's chief trade negotiator said Monday the EU was “fully committed” to reaching a trade deal by a July 9 deadline, after Trump agreed to delay his threatened 50% tariff — or import tax — on European goods. Continue reading
May 26 U.S. delays threatened 50% tariff on the European Union until July, Trump says By Seung Min Kim, Associated Press The agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the U.S. president’s retelling. Continue reading
May 25 What’s open and what’s closed this Memorial Day By Associated Press Businesses increasingly have chosen to stay open on the federal holiday Memorial Day, leading to what is now one of the biggest retail sales and travel weekends of the year. Here’s what is open and closed on Monday. Continue reading
May 23 Stock markets tumble after Trump threatens tariffs against European Union and Apple By Stan Choe, Associated Press Trump threatened the tariffs before the U.S. stock market opened, saying on his Truth Social platform that trade talks with the European Union “were going nowhere” and that “straight 50%” tariffs could go into effect on June 1. Continue reading
May 22 What to know about ‘no tax on tips,’ Trump’s tax pledge that’s in the GOP budget bill By Wyatte Grantham-Philips, Jonathan J. Cooper, Associated Press The proposal has widespread support from the public, but many critics say it would come with an enormous cost to the government while doing little to help the workers who need it most. Continue reading
May 22 House Republicans narrowly passed Trump’s ‘big, beautiful’ bill. Here’s what’s in it By Kevin Freking, Lisa Mascaro, Associated Press Republicans are trying to make permanent the individual income and estate tax cuts passed in Trump's first term plus enact promises he made in the 2024 campaign to not tax tips, overtime and interest on some auto loans. Continue reading