Trump Says US Won’t Renew USMCA, Signaling Yearly ReviewsPresident Donald Trump said he would not reauthorize the US’s trade deal with Canada and Mexico, setting the stage for months or years of negotiations over provisions governing automobiles and other key industries.
Trump’s Pick for BLS Pledges to Maintain Agency’s IntegrityBrett Matsumoto, President Donald Trump’s pick to lead the Bureau of Labor Statistics, told lawmakers he was committed to maintaining the integrity and independence of the agency.
Hegseth Visits Guantanamo and Warns Cuba Against Seeking WeaponsDefense Secretary Pete Hegseth warned Cuba not to acquire armaments that could put the US military, or the US mainland, at risk.
US Refunds $22 Billion in Tariffs, Canceling Out Customs RevenueThe US Treasury refunded nearly $22 billion in tariff revenue collected from importers in May, the first swath of such repayments since the Supreme Court struck down a major component of President Donald Trump’s trade policy.
Ship Traffic Thins in Gulf as US-Iran Tensions IntensifyShipping through the Strait of Hormuz remained heavily constrained in the past day as tensions between the US and Iran intensified, sharpening concerns about maritime security.
ASML to Cut Fewer Jobs Than Planned After Union NegotiationsChip-equipment maker ASML Holding NV will cut fewer jobs than planned, with redundancies not expected to take effect until May 1, following negotiations with Dutch trade unions.
Why the World Is Bracing for a Rare ‘Super’ El NiñoA cyclical weather phenomenon that can drive flooding in one continent and drought in another has returned.
H-1B Visa Rules Have Changed Again. What to KnowIn addition to ramping up immigration enforcement and deportations in his second term, US President Donald Trump has taken steps to overhaul the H-1B visa program. Trump argues that the H-1B, a cornerstone of the employment-based immigration system that allows US companies to hire college-educated foreigners for specialized occupations, has been exploited to displace American workers.
SpaceX’s IPO Success May Rub Off on AmbaniThe insatiable investor demand for Elon Musk’s SpaceX will be music to the ears of another billionaire half a world away.