Iranian forces struck a cargo vessel passing through the Strait of Hormuz, heightening tensions amid ongoing disputes over maritime transit fees in this critical shipping corridor.
Ohio’s labor force has shrunk over the past year even as unemployment dropped and job gains fluctuated, raising concerns about workforce participation and economic growth.
Federal Reserve officials remain split on whether to raise interest rates further as inflation persists above target and unemployment rises, complicating monetary policy decisions.
The US government has denied Polestar authorization to certify and sell vehicles from model year 2027 onward, citing connected-vehicle cybersecurity rules affecting China-linked manufacturers.
Inflation in the U.S. climbed to 4.1% in May, fueled by sustained consumer spending and rising services costs, keeping the Federal Reserve’s option for interest rate hikes open.
A coalition of nearly 400 local newspapers has sued Microsoft and OpenAI, accusing them of unauthorized use of copyrighted news articles to train AI products without compensation.
Senior Senator Mark Warner criticizes tariffs imposed during Trump's term, saying they disrupted the growing US-India trade ties despite strategic cooperation progress.
FDA leadership outlines plans to rebuild staff strength and adapt regulatory strategies as U.S.-China rivalry reshapes drug development and patient engagement priorities.
Despite rising prices, Americans continued spending in May, with consumer outlays rising, driven largely by inflation rather than increased purchasing power.
At the annual BIO conference, biotech executives focused on navigating U.S. political dynamics, rising AI costs, and global competition, especially from China.