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Category: Business

California drops lawsuit seeking to reinstate federal funding for the state’s bullet train

California drops lawsuit seeking to reinstate federal funding for the state’s bullet train

OAKLAND, Calif. — California this week dropped a lawsuit officials filed against the Trump administration over the federal government’s withdrawing of $4 billion for the state’s long-delayed high-speed rail project. The U.S. Transportation Department slashed funds for the bullet train aimed at connecting San Francisco to Los Angeles in July. The Trump administration has said […]
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Consumer confidence slides in December to lowest level since US tariffs rolled out

Consumer confidence slides in December to lowest level since US tariffs rolled out

WASHINGTON — Consumers confidence in the economy was shaken in December as Americans grow anxious about high prices and the impact of President Donald Trump’s sweeping tariffs. The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December from November’s upwardly revised reading of 92.9. That is close to […]
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