Economy
- US economy faces reckoning as some immigrants avoid workplacesUncertainty caused by policy shifts and arrests is taking a toll on America’s workplaces, making many immigrants – with and without legal status – hesitant to go to work.
- Party of the rich or working class? ‘Big bill’ poses a test for Republicans.As the Senate takes up the House One Big Beautiful Bill Act, some Republicans question if it favors rich people over the party’s working-class base.
- US and China try a trade thaw, but latest ‘deal’ signals bumpy road aheadThe world’s two largest economies are trying to tamp down escalating tariffs and export controls. The latest agreement offers a reset in the relationship, yet challenges remain.
- Lights, camera, tax credits? Sagging Hollywood draws attention of California, Trump.California’s new state budget doubles tax incentives for the film industry, to help Hollywood as other countries and states lure production away. President Trump is also floating efforts to help.
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- Amazon unveils plans for nuclear-powered data centers despite federal scrutinyAmazon plans to spend $20 billion to build two large data centers in Pennsylvania, including one that will draw power from a nearby nuclear plant. The investment will bring lots of construction jobs, but critics raise concerns about energy use and fairness.
- How rare earths, AI chips, and student visas raise the stakes in the US-China trade warThe United States and China have agreed to a new round of trade talks in London on June 9. In the ongoing trade war, China slowed the export of its “rare earths” as the U.S. issued export control guidelines for AI chips and revoked Chinese student visas.
- Trump promised to bring jobs to the Rust Belt. The Sun Belt may get them instead.Donald Trump was elected partly on the promise of a factory renaissance. Made-in-America may come back, but not necessarily in the places that led U.S. manufacturing 80 years ago.
- Trade disputes threaten US-EU relations, even as courts weigh Trump tariffsCourts are challenging the legality of President Trump’s tariff threats, but longer-term risks of America’s new trade tactics include lost confidence of trusted allies.
- Trump’s budget bill carries costs: Higher deficits and US debtPresident Trump promised to expand tax cuts while also slashing federal spending. So far, the math in Congress looks like a recipe for federal deficits to keep rising.
- This Illinois town aims for economic revival – but will Trump tariffs help?President Donald Trump’s tariffs aim to revive U.S. manufacturing and the cities where it happens. But in Belvidere, Illinois, the reality is complicated.
- Message in US-China trade deal: Neither side wants a sudden breakupAfter initiating a trade war, President Donald Trump has apparently blinked. His massive recent tariffs on China are now on pause after threatening major economic disruption.
- Can AI be ‘democratic’? Race is on for who will define the technology’s future.An American AI company is working to promote “democratic” artificial intelligence. It’s not yet clear what that means or how it might influence how the emerging technology is used.
- US-China trade talks could temper tariff angst, but rivalry runs deepIt’s unlikely the U.S. and China can erase the tension in their geopolitical rivalry. But they can manage it. The current talks provide a key avenue.
- Billionaire Warren Buffett’s best and worst investments over the yearsBillionaire investor Warren Buffett announced plans Saturday to step down as CEO of Berkshire Hathaway by the end of the year. Here’s a look back at his career.
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- In the line of fire, Arab states urge Trump to de-escalate Israel-Iran war
- The Trump administration faces hundreds of lawsuits. Here’s where key cases stand.
- Steve Bannon warns Trump against heavy US involvement in Iran
- No country recognizes Somaliland’s independence. Why the US might.
- A more inclusive G7 finds a way to work around US objections