Trump Says Powell Should Resign if He Misled Congress
“There’s no VIP dining room, there’s no new marble,” Powell said of the Marriner S. Eccles Federal Reserve building in his testimony on June 25. (Al Drago/Bloomberg) President Donald Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the Federal Reserve chair misled lawmakers prove ...more
GM Cuts Workers at Canada Truck Plant, Citing Trade Turmoil
The General Motors Oshawa assembly plant in Ontario. (Cole Burston/Bloomberg) A General Motors Co. assembly plant in Canada that makes ...more
Small-Package Tariff Exemption Ends Today
A worker sorts packages at a neighborhood sorting center in Beijing. (Na Bian/Bloomberg) Small-value packages shipped to the U.S. from ...more
Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges
(Chevron by David Payl Morris/Bloomberg; Exxon by Andrew Harrer/Bloomberg) Chevron Corp. will reduce share buybacks this quarter after oil prices ...more
Employers Added a Surprising 177,000 Jobs in April
Vehicle assembly technician Kevin Zepernick works on a 2025 Ford Expedition during a media tour to launch the 2025 Ford ...more
CN Railway Defies Tariffs Gloom, Keeps 2025 Growth Outlook
A Canadian National Railway train passes in front of the Ambassador Bridge on the Canada-U.S. border in Windsor, Ontario. (Brett ...more
Port Leaders Warn Tariffs to Bring ‘Radical Uncertainty’
A containership docked at the Port of Long Beach in California on April 24. (Eric Thayer/Bloomberg News) Leaders of major ...more