News for May 2, 2025

Donald Trump’s crypto ventures have added billions to the Trump family’s wealth, while raising new questions about conflicts of interest as his administration eases rules for the industry.

President Donald Trump said the U.S. would be “OK” in the long term even if it faces a short-term recession, as worries grow over the economic impact of his tariff policy.

Stocks rose after April U.S. jobs data showed hiring stayed solid, easing recession fears even as President Donald Trump’s tariff policy continues to cloud the outlook.

Senate Republicans are questioning President Donald Trump’s plan to host a private dinner and White House tour for top buyers of his meme coin, while some say Congress should set clearer rules for digital assets.

President Donald Trump again urged the Federal Reserve to cut interest rates after a stronger-than-expected April jobs report.

Ford, Hyundai and Kia reported big April U.S. sales gains as buyers rushed to beat possible tariff-driven price hikes, but automakers warn the surge may fade.

Apollo Global Management says the market turmoil after Trump’s tariff move gave it a chance to buy a large amount of assets, especially bonds, at attractive prices.

President Donald Trump’s end to a long-running duty-free loophole is set to make many low-cost goods from China more expensive for U.S. shoppers.

President Donald Trump’s tariffs are hitting Chinese exporters hard, and one Guangzhou businessman says the trade fight is punishing China for being good at making low-cost goods.

Steve Kornacki breaks down the Kentucky Derby field, saying Journalism looks strongest on speed but the race could swing to a big upset if the early pace gets too fast.

The Trump White House is planning to make President Donald Trump the center of its 2026 midterm strategy, hoping his energy and endorsements can offset weak poll numbers and help Republicans hold Congress.

The U.S. labor market added more jobs than expected in April, but the report showed signs that President Donald Trump’s tariff-driven uncertainty may be starting to slow hiring.