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Breaking News
McDonald’s announces plans to hire 375,000 workers with Trump Labor secretary
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May 13, 2025
Through its company-owned and franchised restaurants, McDonald's is one of the nation's largest private employers.
I built a backyard tiny home for $35,000—now I rent it to my sister: We ‘show up for each other’
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"It was meant for me. But as with many big ideas, things didn't go as planned — and that turned out to be a...
China sees the U.S. trade deal as a huge win for Beijing
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The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the trade agreement.
Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
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Trump's trade deal with China and pause on the highest tariffs means another surge is coming in global trade, but business uncertainty isn't going...
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
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Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March.
Dow jumps more than 1,100 points, S&P 500 rises 3% on China-U.S. temporary tariff cut
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U.S. stocks rallied Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland.
Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
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May 12, 2025
President Donald Trump said China "agreed to open itself up to American business" after they struck a deal to temporarily slash tariffs.
Treasury yields soar on hope a recession will be avoided after temporary China-U.S. deal
Breaking News
May 12, 2025
U.S. Treasury yields moved higher on Monday as the U.S. and China successfully negotiated a trade deal to temporarily slash tariffs on each other's...
Trump to sign order to cut some U.S. drug prices to match lower ones abroad
Breaking News
May 12, 2025
The order is a blow to the pharmaceutical industry, which is already bracing for Trump's planned tariffs on prescription drugs.
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
Breaking News
May 12, 2025
The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows a thawing of trade...
Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China
Breaking News
May 12, 2025
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said.
White House announces U.S.-China trade deal, offers few details
Breaking News
May 12, 2025
The Geneva talks come after President Trump slapped 145% tariffs on U.S. imports from China and Beijing retaliated with a 125% levy on U.S....
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