Former Speaker Nancy Pelosi will not seek reelection
By Susan Davis , Barbara Sprunt Former Speaker of the House Nancy Pelosi announced Thursday she will not seek reelection, capping an historic career at 20 terms. “I have truly loved serving as your voice in Congress,” the California Democrat, 85, said in a video dedicated to her San Francisco constituents. “With a grateful heart,…
Era of free trade and investment is over, Canada’s PM tells Apec summit
Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade The Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundations of the postwar global economy has ended. In a stark message to Asia-Pacific leaders at the Apec…
Do populists always crash the economy?
Argentina is counting the cost of its turn to Javier Milei. Politicians from Donald Trump to Giorgia Meloni and Nigel Farage will be closely watching what happens next “Cambio, cambio.” Under the blazing sun, dozens of money changers are hawking US dollars along Florida Street, a bustling pedestrian strip in Buenos Aires. Known as arbolitos…
“It feels terrible.” Federal worker’s family tightens their belts as shutdown drags on
Jennifer Ludden In a way, Stephanie Rogers started preparing for the current moment months ago, when she and her two daughters moved in with her mother about half an hour south of Denver. High prices for everything was certainly one reason. “When you added up the numbers between both of our family households, it was…
A major census test begins recruiting workers as some warn about delays
Hansi Lo Wang The next U.S. census isn’t scheduled to be taken until 2030, but the federal government says help is wanted well before then in six states for the national head count’s major field test. Recruiting door knockers and other temporary workers for the “2026 Census Test” starts Monday in parts of Alabama, Arizona,…
Trump administration uses taxpayer dollars to blame Democrats for government shutdown
By Shannon Bond , Jenna McLaughlin , Stephen Fowler The Trump administration is blaming Democrats for the likely government shutdown in internal federal agency communications as well as on at least one public website, in what experts say could be a violation of federal ethics laws. A bright red banner and pop-up message that appeared…
Chinese economy weakens as consumer spending and factory output slows
Economists split on need for new Beijing stimulus amid headwinds from Trump tariffs and crisis-hit property sector Business live – latest updates China’s economy showed further signs of weakness last month, with important data revealing factory output and consumption rising at their weakest pace for about a year. The disappointing data adds pressure on Beijing…
Chinese carmakers told to improve locking devices for UK market
UK insurers require critical modifications for sale in country with higher levels of car theft than China British authorities may have certain concerns about the cyber-spying threat from vehicles made in China, but it turns out the country’s manufacturers have security worries of their own. Insurers have told Chinese carmakers they need critical modifications for…
Supreme Court agrees to hear challenge to some of Trump’s sweeping tariffs
Nina Totenberg The Supreme Court said Tuesday it will review the legality of the sprawling tariffs President Trump imposed in an April executive order, a day the president declared “liberation day.” Since then the government estimates it has collected nearly a trillion dollars in tariffs from U.S. and foreign businesses that would have to be…