Economy

Economy
Economy

Body found in Colombia amid search for missing U.S. flight attendant

Colombian officials discovered a body Friday amid the search for a U.S. flight attendant who went missing in the country last weekend. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Medellin Mayor Federico Gutiérrez announced the discovery in a post on X, saying that “a lifeless body has

Read More
Economy

House Republicans pass DHS funding bill that Democrats call ‘dead on arrival’ in the Senate

WASHINGTON — House Republicans voted Friday evening to pass a short-term funding bill for the Department of Homeland Security that has no viable path in the Senate and is likely to extend the shutdown stalemate on Capitol Hill. The vote of 213-203 came after Speaker Mike Johnson, R-La., rejected the Senate-passed bill, which would fund

Read More
Economy

Markets plunge and U.S. oil hits $100 as Trump’s ability to reassure Wall Street hits its limit

President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight weekly decline, its worst stretch since 2022 and a sign of rapidly faltering

Read More
Economy

Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays

WASHINGTON — The Senate agreed unanimously early Friday to fund the Department of Homeland Security, but without funding for immigration enforcement and deportation operations. Senators approved the package at 2:20 a.m. by voice vote following a marathon session. The 42-day funding lapse has seen them go without pay, leading many to call out of work

Read More
Economy

Judge blocks Trump administration from limiting Anthropic’s contracts with federal government

A federal judge in California has blocked the Trump administration from designating Anthropic as a supply chain risk to national security and cutting off the AI company’s work with federal agencies. Anthropic sued the Defense Department and other federal agencies this month after the Pentagon labeled it a “supply-chain risk to national security.” President Donald

Read More
Economy

Nasdaq moves into correction territory as Iran war weighs on markets

U.S. stocks and bonds sold off Thursday and oil continued its weekslong upward trajectory, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. The price of U.S. crude oil rose near $95 per barrel, up more than 4%. International Brent crude rose 5%, to more than $109 per barrel. Since the war started,

Read More
Economy

Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

LOS ANGELES — A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social media addiction. The Los Angeles County Superior Court jury said that Meta’s and YouTube’s negligence were a substantial factor in

Read More
Economy

Trump rejects off-ramp to fund DHS as airport delays worsen

WASHINGTON — On Sunday, Senate Majority Leader John Thune, R-S.D., discussed an off-ramp with President Donald Trump to reopen TSA and end the long lines and delays at airports. It would fund all of the Department of Homeland Security except for ICE, which Democrats have refused to support without new limitations on immigration enforcement operations,

Read More
Economy

U.S. stocks rise, oil prices fall after Trump backs off threat to hit Iran’s power grid

U.S. stocks surged Monday, after President Donald Trump announced that he was postponing all military strikes on Iranian power plants for a five-day period. Trump said the U.S. and Iran had engaged in what he called “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.” Reporting

Read More