If U.S. trade policy seems to shift by the week, the economic costs for trade-dependent states like Washington are steadily piling up.

At the ports of Seattle and Tacoma, inbound container traffic dropped substantially in May as heavy U.S. tariffs on imports from China and elsewhere led to mass cancellations of shipments.

Tourism in Washington...Read more

The price of used Teslas dropped faster than any other auto brand in the past year, a new report says.

ISeeCars.com — trackers of used-car sales — says the average price paid for a used Tesla was down 8% to $30,708. The next most significant price drops were Chrysler, off 7% to $25,632, Dodge, off 6% to $33,763, Genesis, off 5% to $33,769, ...Read more

Companies are eliminating the grunt work that used to train young professionals — and they don’t seem to have a clear plan for what comes next.

AI is analyzing documents, writing briefing notes, creating Power Point presentations or handling customer service queries, and — surprise! — now the younger humans who normally do that work ...Read more

Just a week after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal, the bank’s CFO detailed new growth plans.

Over the past five years, risk and control work was the bank’s top priority and took up a significant amount of time, Chief Financial Officer Mike Santomassimo said at Tuesday’s ...Read more

Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.

“Europe has now awakened to the importance of these AI factories,” said Huang, whose company is supplying ...Read more

Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Los Angeles company that’s been around for more than two decades.

The company, DDN, helps businesses store and manage the massive trove of data that powers AI systems — the lifeblood needed for chatbots, self-...Read more

Underlying U.S. inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are largely holding back on passing higher tariff costs through to consumers.

The consumer price index, excluding the often volatile food and energy categories, increased 0.1% from April, according to Bureau of Labor Statistics data ...Read more

The U.S. and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trade partners during his first term.

Trump hasn’t been directly involved in the negotiations and would need to ...Read more

LOS ANGELES — After four days of protests, shopkeepers in downtown Los Angeles began on Tuesday to sweep up glass, board up windows and try to make sense of the violence that erupted during the demonstrations against immigration raids near the heart of the city.

Around Little Tokyo and other downtown Los Angeles neighborhoods, workers and ...Read more

A Minneapolis woman is suing Delta Air Lines, claiming the airline is responsible for a drunk passenger assaulting her on an October flight from Puerto Rico to Atlanta.

Minnie Holmes, 72, filed a federal lawsuit last week alleging Delta flight attendants served alcoholic drinks to two passengers despite obvious signs of drunkenness. Holmes said...Read more

Boeing delivered 45 airplanes in May and booked 303 gross orders, its largest monthly order count since December 2023.

The bulk of those orders came from Qatar Airways, which signed a deal for 120 787 planes and 30 777Xs during President Donald Trump’s visit to the Middle East last month. That deal marked the largest ever order for Boeing ...Read more

Two years ago, the U.S. Department of Justice accused a Pennsylvania bank of redlining — avoiding lending in majority-Black and Hispanic neighborhoods in and around Philadelphia.

ESSA Bank & Trust, based in Stroudsburg, Pennsylvania, denied the accusations but entered into a settlement agreement with the federal government in which the bank ...Read more

General Motors Co. plans to invest $4 billion to move production from Mexico to three plants in the United States, including its Orion Assembly Plant in suburban Detroit, three sources familiar with the situation told The Detroit News.

Full-size SUVs and light-duty pickups are coming to Orion, which was being retooled to build electric trucks ...Read more

Last month, Georgia Power and the Public Service Commission’s public interest staff announced they had struck a preliminary deal to keep the company’s current base rates steady for the next three years.

Speaking at a May 21 news conference at the state Capitol, where he was flanked by Gov. Brian Kemp, PSC Chairman Jason Shaw touted the ...Read more

U.S. data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month.

Total power usage in the U.S. is expected to climb 2.15% in 2026, spurred largely by a 5% spike from commercial users because of the expansion of data centers, according to a U.S. Energy...Read more

General Motors Co. topped crosstown rival Ford Motor Co. to take the No. 2 spot in U.S. electric vehicle sales for the first five months of 2025.

The Detroit automaker announced 62,000 EVs sold this year through May. Chevrolet carried sales among the company's brands, with 37,000 sold in the United States in that same period.

Ford sold 34,132 ...Read more

For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.

The Santa Monica, California-based tech company will soon see if its multibillion-dollar bet on augmented reality glasses has paid off.

Snap said Tuesday it plans to release ...Read more

Rideshare companies like Lyft and Uber could soon be forced to pay Chicago drivers more if an ordinance up for debate Thursday moves ahead, a change the companies say would cause the cost of rides to skyrocket for passengers.

Ald. Michael Rodriguez, 22nd, said his measure would make sure rideshare drivers make more than minimum wage and get ...Read more

CHICAGO — Illinois lawmakers ended their spring legislative session without finding a way to plug the gaping $771 million budget gap facing the Chicago region’s mass transit systems next year.

Thousands of jobs hang in the balance.

The Regional Transportation Authority has estimated that nearly 3,000 workers could lose their jobs if ...Read more

WASHINGTON — Michigan's U.S. Sen. Elissa Slotkin stood out last month as the only Senate Democrat to join Republicans in voting to kill California’s influential, nation-leading electric vehicle sales rules.

Her break from other Democrats shocked industry groups — even oil and gas lobbyists — that expected a party-line result on the ...Read more