After the penny, Congress looks to tackle the cost of the nickel

After Congress moved to eliminate the penny, some lawmakers say the nickel should be next in efforts to make U.S. coins more cost-efficient to produce.

President Trump considering suspending federal gas tax

President Donald Trump said Tuesday he is considering suspending the federal gasoline tax as soaring fuel prices threaten Republicans ahead of November’s midterm elections. 

Student loan borrowers have more time to cut their interest rate

Student loan borrowers currently making payments have a little more time to temporarily cut their interest rates. The federal government extended the deadline for them to shave a full percentage point off their interest rate by making their payments automatically.

Treasury to create Trump Accounts for millions of eligible children — here is how to claim them

Treasury plans to automatically create Trump Accounts for millions of children, but families must take additional steps for eligible children to receive the separate $1,000 federal contribution.

Nike cutting more jobs as turnaround struggles continue

Nike is slashing cut jobs as part of a sweeping corporate restructuring initiative to reignite financial growth and streamlining its business model.

US ban on $1 billion worth of Canadian imports goes into effect

U.S.-Canada relations hit another low on Tuesday as the U.S. implemented a new ban on Canadian imports, escalating an ongoing trade dispute between the nations.

Trump announces new Iowa steel mill expected to be largest in US

A proposed $15 billion steel plant in eastern Iowa promises to be the largest one in the United States when it opens in 2030. President Donald Trump announced the project from the White House on Monday afternoon, explaining that the project will help protect national security.

Apple loses record $5.7B in verdict over patent dispute

A jury awarded a tech company over $5.7 billion after determining that Apple infringed claims from two patents.

US investing nearly $2B in power grid as electricity demand surges

The Department of Energy announced almost a $2 billion investment aimed at expanding capacity and boosting efficiency across the nation’s aging and strained electrical grid.