Global News & Crypto Updates

Exxon and Chevron Report Lower Profits While Girding for Tariffs

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.

How a U.S. Tax Loophole Supercharged China’s Exports

E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.

US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows

The picture of a steady job market, even if backward looking, reassured investors worried about a trade-induced economic slowdown.

Trump Proposes $163 Billion in Cuts Across Government in New Budget

Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.

Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods

Supporters say the change is important to stop cheap Chinese goods from entering the U.S. But the decision could drive up prices for goods Americans buy online.

Republicans Wrestle With Trump’s Demands for Tax Cuts

House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, which they hope to release soon.

Tips for Navigating the ‘Chaotic System’ of Student Loan Repayments

Experts say recent graduates with loans should choose the repayment option that makes the most sense for them now and expect to make adjustments later.

Here’s what to know:

U.S. and China Dig In on Trade War, With No Plans for Formal Talks

The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.

Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts

The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.