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Trump’s planned 100% computer chip tariff sparks confusion among businesses and trading partners

President Donald Trump’s ambiguous plans for 100% tariffs on computer chips that aren’t made in the U.S. are stoking confusion among businesses and trading partners — boosting stocks for leading semiconductor companies while leaving smaller producers scrambling to understand the implications. “We are still waiting for official guidance,” said Limor Fried, founder and engineer at Adafruit Industries, […]

AUG. 7, 2025

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Trump announces Apple investing another $100 billion in US manufacturing

Apple CEO Tim Cook joined President Donald Trump at the White House on Wednesday to announce a commitment by the tech company to increase its investment in U.S. manufacturing by an additional $100 billion over the next four years. “This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States […]

AUG. 6, 2025

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India indicates it will keep buying Russian oil despite Trump’s threats

NEW DELHI (AP) — India has indicated that it would continue buying oil from Russia despite threats by U.S. President Donald Trump. The Indian foreign ministry said its relationship with Russia was “steady and time-tested,” and should not be seen through the prism of a third country. Addressing a weekly presser on Friday, spokesman Randhir […]

AUG. 2, 2025

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US employers slash hiring as Trump advances a punishing trade agenda

WASHINGTON (AP) — U.S. hiring is slowing sharply as President Donald Trump’s erratic and radical trade policies paralyze businesses and raise doubts about the outlook for the world’s largest economy. U.S. employers added just 73,000 jobs last month, the Labor Department reported Friday, well short of the 115,000 expected. Worse, revisions shaved a stunning 258,000 jobs off […]

AUG. 1, 2025

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Federal Reserve Powell
Federal Reserve Chairman Jerome Powell, speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, July 30, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)
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Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump’s frequent demands that he cut interest rates, even as signs of dissent emerged on the Fed’s governing board. The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, […]

JULY 30, 2025

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Ship attacked in the Red Sea after a bulk carrier sinking claimed by Yemen’s Houthi rebels

DUBAI, United Arab Emirates (AP) — A Liberian-flagged cargo ship came under fire from Houthi rebels Monday in the Red Sea, with two on board reported to be hurt and two others missing in an assault a day after the Yemen-based rebels sunk another vessel. The attack on the Greek-owned bulk carrier Eternity C in […]

JULY 8, 2025

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Lula da Silva responds to Trump threats on imposing tariffs to countries that align with BRICS

Brazilian President Luiz Inácio Lula da Silva hit back on Monday at recent threats from U.S. President Donald Trump to impose tariffs on countries that align themselves with BRICS. The criticism came during a news conference after the conclusion of the 17th BRICS Summit in Rio de Janeiro, which brought together heads of state and […]

JULY 7, 2025

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Germany Book Fair
Small books in various colors stand on a shelf at the Book Fair that will be opened later the day in Frankfurt, Germany, Tuesday, Oct. 9, 2012. New Zealand is this year's Guest of Honor. (AP Photo/Michael Probst)
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FILE - A Home Depot logo sign hands on its facade, Friday, May 14, 2021, in North Miami, Fla. (AP Photo/Wilfredo Lee, File)
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Homeowners spend on renovations and repairs despite the uncertain economy and higher prices

LOS ANGELES (AP) — U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy. Sales at building materials and garden supply retailers rose 0.8% last month from March, the biggest gain since 2022, and were up 3.2% from April last year. At the same time, U.S. […]

MAY 23, 2025

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Activists gather in Rio to remember the victims of the 1964 military dictatorship coup

Activists held a demonstration Tuesday in downtown Rio de Janeiro to remember the victims of Brazil’s military government, marking the anniversary of the 1964 military coup. The group gathered in front of a former building of the extinct Department of Political and Social Order, known as DOPS, used for incarceration and torture during that period. […]

APRIL 2, 2025

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Trump orders strikes on Iran-backed Houthi rebels in Yemen and issues new warning

WEST PALM BEACH, Fla. (AP) — President Donald Trump said he ordered a series of airstrikes on the Houthi-held areas in Yemen on Saturday, promising to use “overwhelming lethal force” until the Iran-backed rebels cease their attacks on shipping along a vital maritime corridor. The Houthis said at least 31 people were killed, and Trump’s national security adviser said […]

MARCH 16, 2025

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Facing competition from Big Tech, states dangle incentives and loosen laws to attract power plants

Facing projections of spiking energy demand, U.S. states are pressing for ways to build new power plants faster as policymakers increasingly worry about protecting their residents and economies from rising electric bills, power outages and other consequences of falling behind Big Tech in a race for electricity. Some states are dangling financial incentives. Others are […]

MARCH 9, 2025

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