Business

Coils of steel wire sit stacked in the shipping area of the Grupo Acerero SA steel processing facility in San Luis Potosi, Mexico, on March 6.

Politics & Government

Trump Administration Imposes Steel, Aluminum Tariffs On EU, Canada And Mexico

2:47pm May 31, 2018

by Brian Naylor

The tariffs have been threatened for months — and will likely lead to retaliatory measures. Commerce Secretary Wilbur Ross said the tariffs are based on national security concerns.

Sears Holdings Corp., which operates Sears and Kmart, said Thursday that it is closing 72 more of its stores. Here, shoppers look for deals at the last remaining Sears store in Chicago before it closes this summer.

Sears Will Close 72 More Stores, After Quarterly Sales Drop Nearly 12 Percent

1:34pm May 31, 2018

by Bill Chappell

Sears Holdings Corp., which controls both Sears and Kmart, says it has "identified approximately 100 non-profitable stores." The company has not yet announced which ones will close.

The EU Steels For Tariffs

1:13pm May 31, 2018

The U.S. rebuffed EU efforts to get an exemption from steel and aluminum tariffs due to take effect at the end of this week. Rachel Martin talks with EU Ambassador to the U.S. David O'Sullivan.

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A road sign on Hamburg's Max-Brauer-Allee warns motorists that older diesel vehicles are banned from using this stretch of road. Hamburg is the first German city to ban older diesel vehicles.

World News

Could A Diesel Ban In Hamburg, Germany, Cause More Pollution? Some Residents Worry

12:38pm May 31, 2018

by Soraya Sarhaddi Nelson

The partial ban went into effect Thursday. Many Germans question whether the ban is an environmental milestone or a political shell game that could end up creating more pollution.

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Federal Reserve Proposes Changes To Volcker Rule

8:20am May 31, 2018

by Chris Arnold

The Federal Reserve has voted to consider changes to the Volcker rule, which blocks banks from trying to make money with speculative investments.

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Italy's Global Market Impact

5:08am May 31, 2018

The widening political crisis in Italy sent stock prices falling around the world this week, though the market has begun to rebound. Rachel Martin talks with economic analyst Philip Suttle.

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President Trump talks with Japanese Prime Minister Shinzo Abe before dinner at Trump's private Mar-a-Lago club, in April in Palm Beach, Fla.

Abe: Japan 'Cannot Accept' New Tariffs On U.S. Auto Imports

5:02am May 31, 2018

by Scott Neuman

In remarks to the legislature, the prime minister said the possibility that the U.S. would raise the duty on auto imports from his country as high as 25 percent is "hard for Japan to understand."

Although he is not financially responsible, illusionist David Copperfield still paid a steep price: His lawyers were unable to prevent the disclosure of secrets about the illusion in question, known as "Lucky #13."

David Copperfield Found Negligent But Won't Pay For Injury During Magic Act

5:59pm May 30, 2018

by Scott Neuman

A British tourist sued the famed illusionist, saying he suffered a serious brain injury after falling while acting as a volunteer for an onstage trick in 2013.

Economy

Money For Moms

5:01pm May 30, 2018

After six years of preparation, an ambitious new experiment will study the effects of income on the development of infant brains.

Carb-heavy comfort food is familiar to Mormons, here in the form of a popular dish called funeral potatoes.

Mormon Funeral Potatoes: The Carb-Heavy Meal For The End of The World

8:00am May 30, 2018

by Ash Sanders

Call it disaster preparedness cooking: A Utah company began running Facebook ads for an instant version of a staple Mormon comfort food ... because pantries should be stocked for the Second Coming.