Economy

‘Nobody’s going to get around that,’ the president says at a U.S. Steel mill in Western Pennsylvania.

The company’s first-quarter performance was led by its Gap and Old Navy labels, with Old Navy traffic up 10.2 percent in April.

Nearly half of new units remain unrented, allowing tenants to negotiate lower rents and lease perks, Redfin reports.

Early forecasts signal a spike in second-quarter GDP growth.

May 22 was the largest day for tariff revenue collections.

USTR Greer said China was supposed to roll back critical mineral export bans after the Geneva agreement but hasn’t done so fully.

The company reported that one-third of its U.S. third- quarter sales came from imported products, with only about 8 percent sourced from China.

The U.S. State Department does not confirm if agreement on minerals will be extended.

Continuing unemployment claims reach highest level in nearly four years.

The president has multiple legal avenues that allow him to impose tariffs and force countries to the negotiating table, trade experts say.

The White House meeting came amid intensifying pressure from the president to ease monetary policy as inflation has fallen.

Median monthly housing payments recently hit a record high of $2,882, dampening interest among many prospective homebuyers.

The ruling is a reversal of a lower court order a day earlier.

Core inflation, a gauge that removes food and energy prices, was adjusted a bit lower in the second estimate.

The bank outlined several legal avenues the White House could take.

The company’s shares dropped more than 9 percent during morning trading.

The president can employ other tariff authorities ’to ensure that America’s interests are being restored around the world,' White House press secretary said.

“The Constitution assigns Congress the exclusive powers to ‘lay and collect Taxes, Duties, Imposts and Excises,’” the court ruling states.

The utility’s financial woes and record-breaking fine spark urgent questions for the 16 million people depending on its services.