United States Business News in English

US ports have been seeing pandemic-level declines in imports, so good news on tariffs was just what port officials were hoping for.

Academics and economists have long warned that rapidly advancing artificial intelligence will wipe out jobs and upend the global economy. Now that call is coming from inside the house.

Tariffs are slamming Gap.

The chief executive of one of the world’s leading artificial intelligence labs is warning that the technology could cause a dramatic spike in unemployment in the very near future. He says policymakers and corporate leaders aren’t ready for it.

A federal appeals court has paused Wednesday night’s ruling from the Court of International Trade that blocked President Donald Trump’s tariffs.

President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any decisions won’t be based on the president’s demands.

“As I’ve said, this is only the beginning,” the celebrity wrote on social media.

Stock futures gained Thursday after a federal court ruled that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to raise prices for businesses and slow the economy.

A federal court on Wednesday froze most of the sweeping tariffs imposed by President Trump on virtually every foreign nation, ruling the levies exceed the president's legal authority.

The US economy shrank slightly less in the beginning of the year than previously reported, new data shows, but it was still the first quarterly decline since 2022, in a sign of how President Donald Trump’s chaotic and aggressive tariff regime is affecting American consumers and businesses.

Behind the monumental court ruling that blocked most of US President Donald Trump’s tariffs is a small wine company run by a father-and-daughter duo.

The Trump administration has effectively cut off some American companies from selling goods to China, a Commerce Department spokesperson told CNN on Wednesday.

Chinese artificial intelligence startup DeepSeek released an update to its R1 reasoning model in the early hours of Thursday, stepping up competition with US rivals such as OpenAI.

A US federal court’s ruling Wednesday against President Donald Trump’s authority to levy some of his most sweeping tariffs may have also dealt a serious blow to the president’s entire economic agenda.

Hollywood studios and streamers aren’t exactly craving politically provocative shows and movies right now. And that’s what makes the timing of “The Handmaid’s Tale” finale all the more interesting.

A three-judge panel at the US Court of International Trade, a relatively low-profile court in Manhattan, ruled Wednesday to halt Trump’s global tariffs that he imposed citing emergency economic powers, including his “Liberation Day” tariffs imposed on April 2 and tariffs placed earlier against China, Mexico and Canada designed to combat fentanyl coming into the United States.

Hailey Bieber’s beauty brand rhode sold to budget makeup powerhouse e.l.f. Beauty for $1 billion on Wednesday.

Nvidia missed out on $2.5 billion in additional revenue during the first quarter of this year, after the Trump administration placed fresh restrictions on exports of its H20 artificial intelligence chips to China last month.

It’s hard to overstate how much President Donald Trump has changed his tune on crypto, which he criticized in his first term as “highly volatile and based on thin air.”

Wall Street has been riding a historic roller coaster the past few months due to President Donald Trump’s on-again, off-again tariff threats. Now, investors are learning to take his words with a grain of salt — and a bit of salsa, too.

Shares of Victoria’s Secret fell Wednesday after the lingerie company took down its US website, saying there was a prolonged “security incident.”

Economists and top policymakers at the Federal Reserve see a growing risk of America’s job market weakening because of President Donald Trump’s erratic trade war, according to minutes from the central bank’s latest policy released Wednesday.

The United Nations expects that millions of potential jobs will vanish this year because of an economic slowdown triggered by US President Donald Trump’s trade war.

Google and Apple will soon be required to verify app store users’ ages in Texas, after Gov. Greg Abbott signed the rule into law on Tuesday.

Companies are warning investors about the risks of becoming the next target of angry customers.

Stellantis named its North American chief, Antonio Filosa, as its new chief executive on Wednesday, as it seeks to revive the performance and shares of the multinational automaker.

In 2011, then-President Barack Obama pressed Apple CEO Steve Jobs on what it would take to bring iPhone production to the United States, according to The New York Times.

Brazilian labor prosecutors filed a lawsuit on Tuesday against Chinese carmaker BYD 002594.SZ, holding it responsible for human trafficking and “slavery-like conditions” for workers building a factory in its biggest market outside China.

President Donald Trump stunned European officials and caught some of his own senior advisers off guard with his snap decision Friday to reignite his market-rattling trade war with the European Union.

The European Commission has launched an investigation into four major adult websites on Tuesday, accusing them of not complying with regulations that protect minors from accessing pornography.

A U.S. judge on Tuesday issued an order temporarily barring the U.S. Transportation Department from withholding federal funding from New York as the Trump administration seeks to kill Manhattan’s congestion pricing program, according to an NBC New York reporter.

Tinned fish in America no longer means a sad, forgotten can of tuna collecting dust in the pantry. And Americans looking to save money in the face of economic headwinds are fueling their soaring popularity.

It’s been a little while since Americans had an inkling of optimism about the economy.

National Public Radio filed a First Amendment lawsuit against the Trump administration on Tuesday, alleging that President Trump’s attempt to defund NPR is a “clear violation of the Constitution.”

Rinse, repeat.

Tesla’s sales plummeted by more than half across the European Union last month even as the bloc’s overall electric car market grew.

By week’s end, it’ll be much clearer how the US economy is holding up amid President Donald Trump’s sweeping policy changes.

Memorial Day marks the unofficial start to summer, but this year, it may also kick off a season of higher prices.

Gas prices are holding steady for the nearly 40 million Americans expected to hit the road on Memorial Day.

President Donald Trump said Sunday that he has agreed to give the European Union an extension until July 9 on tariffs, after a “very nice call” from European Commission President Ursula von der Leyen.

Former President Joe Biden previously blocked a deal for Japan's Nippon Steel to take over U.S. Steel on national security grounds.

Being an honest public servant will always be a rewarding choice, Federal Reserve Chair Jerome Powell said Sunday at Princeton University amid months of unrelenting attacks from President Trump.

After a slow start to 2025, the Hollywood box office pulled off a “Stitchpossible” comeback buoyed by a huge holiday weekend.

Melania Trump’s choice to put AI and its use in media creation on a bigger stage hints at the bigger role AI may soon play in creating news articles and videos while raising questions about whether media jobs will survive the change.

The American penny isn’t going anywhere anytime soon.

The unofficial start of summer is here, which means people will be hosting barbeques and pool parties – and finally bringing out the all white.

The massive Republican-backed budget bill — called "one big, beautiful bill" by President Trump — includes several new tax rules that could have a big financial impact on millions of workers who earn tips or overtime pay. 

The sharp words from the Pentagon Press Association came after Hegseth announced “additional credentialing procedures for press at the Pentagon in the interest of national security.”

Shares in China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery maker, have surged as much as 18% on its first day of trading in Hong Kong, shrugging off geopolitical uncertainties.

Despite a 90-day truce in its trade war with the United States, China appears to be maintaining tight control over its rare earth exports – preserving a key source of leverage in future negotiations amid intensifying strategic rivalry with Washington.