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Chinese Central Bank Defies Beijing’s Five-Year Plan
Despite the promise of China’s recent five-year plan to pursue an easy monetary policy, the PBOC insists on keeping what is effectively the opposite.
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China to Buy 200 Boeing Jets, Trump Says
China has agreed to purchase 200 Boeing aircraft, according to President Donald Trump, in what would represent a major commercial order.
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Trump, Xi to Meet for 2nd Day of Summit, With Discussion Expected on Taiwan, Iran, Purchases
Artificial intelligence and trade relations are also on the agenda between Trump and Xi.
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Big Three Wireless Carriers Join Forces to Improve Access to Satellite Cell Service
A planned joint venture will use satellite-based technologies to fill in wireless coverage gaps, especially in rural areas.
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Summer Travel Season Looks Resilient Despite Cost Pressures, Reports Say
Higher energy costs are pushing some travelers to take fewer trips, stay closer to home, or cut spending on accommodations.
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Supreme Court Rules 9–0 That Man Injured in Truck Accident May Sue Transportation Broker
A federal district court previously found a federal law blocked an injured man’s lawsuit.
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Jobless Claims Rise After Sliding to 57-Year Low
Initial jobless claims continued to hover around historically low levels amid labor market resilience.
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Honda Suspends Parts of Electric Vehicle Expansion After Nearly $10 Billion Loss
The automaker said it is pausing a major electric vehicle investment project in Canada as it reassesses battery sourcing and North American production strategy.
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US Import, Export Prices Spike to Highest Levels Since 2022
Prices of Chinese goods imported into the United States rose by the highest percentage since July 2008.
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What Your Health Insurance Covers for Mental Health—and What It Doesn’t
If your mental health claim is denied, you have the right to appeal and contact your state insurance regulator or CMS if necessary.
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US Retail Sales Rise for 3rd Straight Month on Higher Gas Prices
Consumer spending remained robust, even excluding the pain at the pump.
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Home Prices Register Biggest Annual Increase in More Than a Year: Report
More sellers are entering the market, with active sales listings hitting the highest level since March 2020.
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House Passes Bill to Permit Year-Round Sales of E15 Fuel
Under the measure, the Clean Air Act would be amended to extend to E15 the same RVP waiver currently granted to standard E10 gasoline.
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Buyers and Sellers Both Come Off the Sidelines in April, Report Says
Redfin still characterizes the current market as a buyer’s market, but no longer a ‘strengthening’ buyer’s market.
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1 Battle After Another: Jerome Powell’s Turbulent Time as Chairman of the Federal Reserve
‘Powell’s legacy will be one of admirable steering of monetary policy during an increasingly shaky time for the U.S.,’ one top economist says.
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Online Platforms Must Comply With Take It Down Act: FTC
Victims, including minors, must be protected from people who produce nonconsensual intimate images or deepfakes for ‘depraved motives,’ the FTC chair said.
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DOJ Settles Lawsuit Alleging Biden Admin Pressured Twitter to Suppress Speech
Assistant Attorney General Harmeet K. Dhillon of the Civil Rights Division called the settlement ‘an important milestone in the battle for free speech.’
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United Airlines Flight Attendants Ratify New 5-Year Contract With 31 Percent Raise
The airline will also provide a total of $741 million in retroactive pay and other upgrades.
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