House Ways and Means Committee Chairman Jason Smith said Tuesday he would “respond accordingly” if President Donald Trump’s levies are overturned by the Supreme Court, but stopped short of pledging to move them through Congress. The Republican from Missouri said he has worked with the Trump administration “hand in glove” on tariffs, and he himself…
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell…
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift…
President Donald Trump speaks to reporters after stepping off Air Force One on September 7, 2025 at Joint Base Andrews, Maryland. Kevin Dietsch | Getty Images The United States government has already collected tens of billions of dollars from President Donald Trump’s “reciprocal tariffs.” But that money — and a lot more — could end…
U.S. Energy Secretary Chris Wright departs after speaking during a television interview outside of the White House on August 19, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images U.S. Energy Secretary Chris Wright has lambasted plans to reach net zero emissions by 2050, calling the climate target “a colossal train…
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York…
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga Corey Bullard/U.S. Immigration and Customs Enforcement via AP The South Korean government said it is working to return its nationals who…
problem. Srdjanns74 | Istock | Getty Images If you’ve recently lost your job or are struggling to find a new one, your student loans are probably causing you more stress than usual. The job market is flashing warning signs, with the U.S. economy adding just 22,000 positions in August, which was below expectations, according to a…
People walk by the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images With capital harder to come by, private equity giants and investment banks are waging a global battle for talent as dealmaking activity ekes out a recovery. Private equity recruitment accelerated in the first half of 2025, led by…
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in…
