Markets slide as tariffs cloud profits and forecasts
U.S. stocks closed lower amid inflation of tariffs and uncertain policy, with the S&P 500 down 0.8 percent, Dow off 0.9 percent, and Nasdaq 0.9 percent lower. Palantir sank 12 percent while Clorox and Ford warned on revenue and earnings due to tariff tensions.
MENTIONED IN THIS ARTICLE
U.S
Donald Trump
Palantir Technologies
Palantir
Trump
Clorox
Linda Rendle
Mattel
Toymaker
Ford Motor
Automaker
Archer Daniels Midland
DoorDash
Dow
Treasury
House GOP seeks steep rise in endowment tax
Republicans push to raise the endowment tax from 1.4 percent to as high as 21 percent, aligning with corporate rates, aiming to fund tax bills while criticizing Ivy League wealth. The plan targets universities like Harvard and Yale, warning of higher tuition and budget pressures at Davidson, Middlebury, and other colleges amid federal cuts.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
America
Capitol Hill
House
Trump
Harvard
Columbia
Brown University
Troy Nehls
Texas
Yale
Davidson College
Douglas Hicks
Davidson
Hicks
Middlebury College
Vermont
Ways and Means Committee
J.D. Vance
Steven Bloom
American Council On Education
Bloom
Trump immigration bill shows progress with bumps ahead
Congress works through a sprawling package of tax cuts and spending, aiming for a Memorial Day House passage. Committees—including Ways and Means, Energy and Commerce, and Agriculture—race to complete bills with many provisions on border wall funds, new border agents, asylum fees, and mass removals, while Democrats push back against the GOP plan.
MENTIONED IN THIS ARTICLE
Washington
Congress
Donald Trump
Mike Johnson
Pentagon
Homeland Security
U.s-Mexico
Jason Smith
Missouri
Ways and Means
Fox News
House
Energy and Commerce
Agriculture
Johnson
Trump
Senate
Hakeem Jeffries
Homeland Security Committee
U.s.-Mexico
Judiciary Committee
Australia
Iran
U.S
Immigration and Customs Enforcement
Rite Aid Plans Second Chapter 11 Filing Amidstore Closures
Rite Aid faces another bankruptcy filing as it plans to close or sell stores and distribution centers. It will stop issuing rewards, reject gift cards, and halt returns while attempting to transfer prescription files to other pharmacies. About 1,245 stores across 15 states face possible closure with several markets most affected by New York, Pennsylvania, and California.
MENTIONED IN THIS ARTICLE
Rite Aid
Neil Saunders
New York
Pennsylvania
California
Saunders
GlobalData
Also Mentioned on This Page
Stan Choe
Alex Veiga
Associated Press
Collin Binkley
Lisa Mascaro
House Gop
Providence
Rhode Island
Rite Aid Company
Walgreens
Sycamore Partners
CVS Health
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!