NEW YORK (AP) - The S&P 500 fell 0.3% Thursday after drifting between small gains and losses through the day. The Dow Jones Industrial Average lost 0.4%, and the Nasdaq composite fell 0.5%. General Motors sank sharply after Trump announced 25% tariffs on imported cars.
WASHINGTON (AP) - The U.S. Department of Health and Human Services will eliminate 10,000 jobs as part of a major restructuring plan. The agency made the announcement Thursday. The agency is responsible for monitoring infectious diseases, inspecting foods and hospitals.
UNITED NATIONS (AP) - The White House has withdrawn Rep. Elise Stefanik’s nomination to be U.S. ambassador to the United Nations, a stunning turnaround for President Donald Trump’s Cabinet pick after her confirmation had been stalled over concerns about Republicans’ tight margins in the House.