U.S. President Donald Trump is welcomed after arriving in Beijing to kick off a landmark state visit in China on May 13, 2026. Anadolu | Anadolu | Getty Images Asia-Pacific markets traded mixed Thursday as investors look to a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping for clues on…
It has taken 8Ā½ years, but on Wednesday President Donald Trump finally succeeded in reversing one of the few mistakes he has admitted to making as president. In November 2017, Trump chose Jerome Powell to chair the Federal Reserve, opting for someone he saw as malleable over a charismatic but youthful former Fed governor, Kevin…
Opposition to President Donald Trump‘s plan for a gas tax holiday to ease cost-of-living concerns is coming not just from his political foes, but also from the Republican-leaning trucking and construction sectors. Those industries rely heavily on the road and transportation infrastructure projects funded by the federal gas and diesel taxes. “A gas tax holiday…
Traders work on the floor of the New York Stock Exchange during morning trading on April 20, 2026 in New York City. Michael M. Santiago | Getty Images LONDON ā European stocks opened higher on Wednesday, bouncing back from losses in the previous session, while U.K. gilt yields fell back after Prime Minister Keir Starmer…
Suspending the federalĀ gas taxĀ could bring down prices at the pump. But the move may not provide consumers with meaningful relief, experts say, and it could deplete a key federal fund for highway construction and maintenance. On Monday, President Donald Trump said in Oval Office remarks that he would “reduce” the tax, after saying in an…
Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta doing so for more than 60,000 cars. Koiguo | Moment | Getty Images Bipartisan lawmakers from Michigan on Tuesday announced legislation that would ban Chinese-made “connected vehicles,” software and hardware from the U.S. market, ahead of President…
Dr. Marty Makary resigned as FDA commissioner on Tuesday, ending a controversial tenure at the health agency. In a post on Truth Social, President Donald Trump said Kyle Diamantas, who previously worked as the top food official at the FDA, will step in as acting commissioner. In earlier remarks to reporters, Trump called Makary a…
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station on April 13, 2026 in Miami, Florida. Joe Raedle | Getty Images Inflation jumped in April to the highest level in nearly three years as surging gas prices due to the Iran war pushed up the cost of many…
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images BEIJING ā Nvidia CEO Jensen Huang said it would be “a great honor” to travel to…
Prime Minister Keir Starmer, issues a statement regarding the Manchester Synagogue attack, at Downing Street on October 2, 2025 in London, England. Wpa Pool | Getty Images News | Getty Images Hello, this is Katie Foley writing to you from London, where Downing Street is dominating the agenda. U.K. Prime Minister Keir Starmer faces a…
