(Reuters) – Factory output growth slowed in the U.S. mid-Atlantic region in February as input prices surged, with a measure of prices paid for production materials climbing to the highest in nearly two-and-a-half years even before most of the new tariffs on imports imposed by President Donald Trump are due to take effect. The Philadelphia […]

By Nathan Layne (Reuters) – The U.S. Internal Revenue Service is expected to fire about 6,700 employees on Thursday, a person familiar with the matter said, eliminating roughly 7% of the tax-collecting agency’s workforce in the midst of the critical tax-filing season. The planned cuts are part of President Donald Trump’s radical downsizing effort that […]

TRAVERSE CITY, Mich. (AP) — Some believe the Democratic Party’s next savior is living here, huddled with family, in the relative obscurity of a small city on the shores of Lake Michigan. Pete Buttigieg has yet to decide if that’s a responsibility he wants. For now, Buttigieg, the 43-year-old former U.S. transportation secretary, is discussing […]

President Donald Trump said that he likes the idea of giving some of the savings from Elon Musk’s Department of Government Efficiency back to U.S. citizens as a kind of dividend. This comes as labor unions, Democrats and federal employees have filed several lawsuits against DOGE. Here’s the latest: He’s expected to host a reception […]

(Reuters) – U.S. new vehicle retail sales are expected to rise 8.1% to 1.01 million units in February on an adjusted basis, industry consultants J.D. Power and GlobalData said in a joint report on Thursday. However, the rise in sales is not enough to offset the decline in total profit per unit for retailers, which […]