Stocks gain on hopes Trump will ease tensions with the Fed -- and China
The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.
Economy
The European Union hits Apple and Meta with 700 million euros in fines
European Union watchdogs fined Apple and Facebook's parent company hundreds of millions of euros as they stepped up enforcement of the 27-nation bloc's digital competition rules.
What to know as the government begins collections on defaulted student debt
The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." Here's how to know — and what to do — if you'll be affected.
Environmental groups say Trump administration violated their free-speech rights
A lawsuit alleges the Trump administration violated the free-speech rights of nonprofits and municipalities that have had federal funding for climate and environmental projects frozen or cancelled.
Why Fed independence matters, according to economist Jason Furman
NPR talks with Jason Furman, an economist and Harvard professor, about Trump's management of the economy.
IMF warns that global economy will be hit hard by Trump's trade war
The International Monetary Fund has warned that President Trump's trade war will lead to slower economic growth around the world and higher inflation in the U.S.
Chinese low-cost retailers Shein and Temu say they will raise prices
Shein and Temu, two China-based retailers famous for very cheap products, say they will raise their prices because of Trump's trade policy.
'60 Minutes' executive producer resigns, saying show's indepependence was compromised
Bill Owens, executive producer of the CBS news magazine "60 Minutes," announced his resignation, saying he can no longer make independent journalism decisions for the program.
As Tesla profits plunge 71%, Elon Musk says he'll spend less time on DOGE
Elon Musk says he'll cut back his work with the federal government to one to two days per week. He said demand for Teslas is still strong, despite protests and plunging sales.
President Trump says he has 'no intention' to fire Federal Reserve's Jerome Powell
President Trump said Tuesday he had "no intention" of firing Federal Reserve Chair Jerome Powell, ending days of speculation about the independence of the central bank that had roiled the financial markets.