Your Pulse On America: Live And Unfiltered
Stocks were on track on Friday to erase their losses from the days after President Trump’s chaotic rollout of tariffs in early April, bolstered in part by a healthy report on the labor market. The S&P 500 rose 1.6 percent by Friday afternoon, climbing back above where it stood before chaos descended on financial markets…
President Trump’s executive order to defund NPR and PBS was met with fiery pushback on Friday, as the organizations challenged the legality of the move and said it could jeopardize access to vital information. The order issued late Thursday night instructed the Corporation for Public Broadcasting, which receives and distributes over $500 million in taxpayer…
U.S. employers added 177,000 jobs in April, the Labor Department reported on Friday. The unemployment rate was unchanged at 4.2 percent. Both numbers, which demonstrate that the U.S. labor market remains in good condition, are based on surveys taken in the immediate wake of the Trump administration’s move in early April to institute the highest…
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next week that includes draconian cuts that would entirely eliminate some federal programs and fray the nation’s social safety net. The proposed budget for the 2026 fiscal year would cut billions…
President Trump on Friday plans to unveil his budget for the 2026 fiscal year, proposing billions of dollars in cuts targeting child care, education, health, housing and nutrition programs, including those that benefit the poor. The blueprint is likely to showcase Mr. Trump’s conservative vision for Washington while formalizing his disruptive reorganization already underway, as…
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has weakened consumer confidence and pushed oil prices down. U.S. crude prices slipped below $60 a barrel this week, a threshold below which many companies cannot make…
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer. First, the e-commerce company was entangled in the fleeting spat Tuesday with the White House over a faulty report that Amazon was going to show shoppers the costs of…
The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in illegal kickbacks over several years to insurance brokers that steered people into private Medicare plans. Federal prosecutors also accused two of the insurers of colluding with brokers to discriminate against people with disabilities, by…
Health Secretary Robert F. Kennedy Jr. announced a plan that would require placebo-controlled studies for all new vaccines, surprising some experts who noted that such testing already routinely takes place. In a statement, Andrew Nixon, a spokesman for the Department of Health and Human Services, said that “all new vaccines will undergo safety testing in…
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would increase its costs by $4 billion to $5 billion this year. In a conference call with analysts, G.M. executives said the company now expects to make $8.2 billion to $10.1 billion this…