Visa finds even $200 billion can’t resolve battle with merchants
Visa Inc. and Mastercard Inc. this month took yet another swing at a deal that seeks to end a battle with thousands of retailers — and reshape the fees underpinning...
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China’s purchases of US soybeans stall despite trade truce
After a flurry of orders late last month — which were the first of this season — Chinese imports of U.S. cargoes seem to have faltered, according to traders who...
Soybeans surge as US-China talks spur hope for trade revival
Soybeans and other crops soared as progress in negotiations between the U.S. and China lifted hopes that the world’s two largest economies were edging toward a deal in their protracted trade war.
Top 10% of earners drive a growing share of US consumer spending
Wealthy consumers continue to account for a growing share of U.S. consumer spending, highlighting the lopsided strength of the economy as a slowdown in hiring and wariness among other income cohorts raise...
Americans largely are paying for Trump’s tariffs, not foreign companies
General Motors Co. is the latest U.S. company to disclose how tariffs are raising costs, with the automaker saying that the duties dented profits by more than $1 billion.
Immigration actions to hit U.S. economic growth, study finds
The drastic drop in immigrants and increased efforts to deport more foreign-born workers could subtract about 0.8 percentage point from the gross domestic product in 2025, according to an analysis.
Layoffs from Trump’s tariffs ripple across auto-parts industry
Trump’s shifting stances on trade and tariffs have upended the planning of many companies that provide parts and equipment to big automakers.
Meta to buy power from Illinois nuclear plant to help meet AI demand
The Facebook parent is contracting for more power after the company’s total electricity consumption nearly tripled from 2019 to 2023.
U.S. job openings in research and development plummet amid Trump cuts
Scientific research and development job postings are down 18% since President Donald Trump took office in January.
Amazon denies tariff display move after White House slams reported plan
White House Press Secretary Karoline Leavitt had blasted the purported plans as “a hostile and political act.”