Should it be the federal government or the states? The GOP tax bill, now headed to the Senate, would have states pick up more of the tab — meaning states would likely have to raise taxes or cut spending. We'll hear more. But first: Tariff…
After a white police officer murdered George Floyd in Minneapolis, big banks announced plans to invest millions of dollars in smaller, Black-owned banks across the country to help those banks make more loans to small businesses in…
The Port of Los Angeles says 20% of container shipments this month were canceled in the wake of President Donald Trump's tariffs. Even though those tariffs were temporarily lowered, June is also looking to be a light month for shipping…
From the BBC World Service: Some U.K. retailers are dealing with a curious cyberattack. One of them is Marks and Spencer, also known as M&S. The attack has resulted in empty shelves, an inability to take online orders and roughly $400…
Higher tariffs are not working out so well for automakers. Subaru is raising prices, while GM is reportedly freezing shipments to China. Meanwhile, trade talks between the U.S. and Japan — home to Toyota, Honda and others — look to be…
From the BBC World Service: Chinese EV battery maker CATL, which supplies batteries for Tesla and Toyota, has just gone public on Hong Kong's stock exchange, raising more than $4.5 billion. That makes it the biggest listing in the world…