US says national security demands easier mining rules
The Trump administration wants to ease rules on mining and prospecting on federal lands — and even offshore — in the name of national security.
Powell hints Fed will cut rates if needed over trade wars
Chairman Jerome Powell says the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economic expansion if it decides that would be necessary.
Joe Biden's $5T climate plan: Net zero emissions by 2050
Democratic presidential candidate Joe Biden is pitching a $5 trillion-plus climate action proposal that he says would lead the U.S. to net zero emissions of carbon pollution by 2050.
Business Highlights
___ Poor Americans likely to be hit hardest by new US tariffs PHOENIX (AP) — The biggest victims of President Donald Trump's tariffs won't necessarily be Mexicans or Chinese.
How major US stock indexes fared Tuesday
The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signals that the Federal Reserve may cut interest rates if multiple U.S. trade conflicts threaten the nation's economic expansion.
If the Fed cut rates, the stock market should not be celebrating: Peter Schiff
Euro Pacific Capital CEO Peter Schiff says don't underestimate China and Mexico.
Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy
Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy.
World Bank downgrades its forecast for global economy
The World Bank is downgrading its forecast for the global economy in light of trade conflicts, financial strains and unexpectedly sharp slowdowns in wealthier countries.
Markets Right Now: Dow gains 512 points on back of Fed
The latest on developments in financial markets (all times local): 9:35 a.m.
Bank of America CEO: Not expecting Fed rate cut this year
BofA's CEO doesn't buy the view that the Fed will cut rates in 2019.
In Michigan, Warren touts plan to boost US manufacturing
Elizabeth Warren is launching her first tour of Michigan as a Democratic presidential candidate on Tuesday with a proposal to boost domestic manufacturing, including the creation of a Cabinet-level department charged with "creating and defending" American jobs.
Bank of America CEO recalls when US 'society was in pretty rough shape'
The U.S. economy is still healthy, despite uncertainty surrounding trade and tariffs, Brian Moynihan said.
Elizabeth Warren plans ‘aggressive intervention’ to create, defend US jobs
The 2020 presidential candidate says policies in Washington have led to outsourcing and job cuts, as she calls for “economic patriotism.”
Poor Americans likely to be hit hardest by new US tariffs
The biggest victims of President Donald Trump's tariffs won't necessarily be Mexicans or Chinese or young urbanites who will have to pay more for avocado toast.
At stores and online, health care moves closer to customers
CVS Health is pushing deeper into health services with plans to add dietitians, medical equipment and space for the occasional yoga class to 1,500 stores over the next few years.
Uber shares rise as quiet period ends
Less than a month since its market debut, Uber says the IRS is reviewing its 2013 and 2014 taxes.
Europe's split economy: factories hurt as consumers do well
The unemployment rate has fallen fell to its lowest since August 2008 in the 19 countries that use the euro, as domestic demand keeps growth chugging despite ill winds from slowing global trade.
Cyprus, Greece, Armenia pledge closer ties, boost stability
The foreign ministers of Cyprus, Greece and Armenia say they have laid the foundations to forge closer ties and help promote stability and prosperity in the region.
Job openings, median pay increases in May, report shows
The job market report by Glassdoor Economic Research median pay in the U.S. went up 2 percent while open jobs was also up slightly.
US companies paid $91B less in taxes under Trump’s new law
According to the data, companies paid close to $262.7 billion in taxes in 2018, the first year the full tax law was in effect.













