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Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department

Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department

An aerial of the Centers for Medicare & Medicaid Services building on March 19, 2025 in Woodlawn, Maryland.  Kayla Bartkowski | Getty Images The Centers for Medicare & Medicaid Services has slashed jobs from its minority health office and other divisions, CNBC has learned, as Robert F. Kennedy Jr. upends the U.S. health department.  During […]

Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department Read More »

Tariffs will drive up the cost of airplanes, the United States’ star export

Tariffs will drive up the cost of airplanes, the United States’ star export

The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters President Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products,

Tariffs will drive up the cost of airplanes, the United States’ star export Read More »

Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says

Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says

A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025. Brandon Bell | Getty Images Shoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration’s new tariffs go into effect. The U.S. plans to hike tariff rates on

Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says Read More »

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain

Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images In the past few years, Apple has sold Americans iPhones made in India, AirPods from

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain Read More »

Southwest’s bag fees and other changes could backfire, Fitch warns

Southwest’s bag fees and other changes could backfire, Fitch warns

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its

Southwest’s bag fees and other changes could backfire, Fitch warns Read More »

Stellantis idles plants in Mexico and Canada due to tariffs

Stellantis idles plants in Mexico and Canada due to tariffs

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are

Stellantis idles plants in Mexico and Canada due to tariffs Read More »

Trump’s 25% auto tariffs are in effect. What investors need to know

Trump’s 25% auto tariffs are in effect. What investors need to know

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry

Trump’s 25% auto tariffs are in effect. What investors need to know Read More »

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