Ford Motor Co. reported a $1.7 billion profit for the first quarter, but it's planning big changes — such as phasing out nearly all of its cars in favor of trucks and SUVs.
Consumer Financial Protection Bureau chief Mick Mulvaney says he may shut down public access to more than a million complaints Americans have made about financial institutions.
Funds in the Afghanistan Reconstruction Trust Fund are at risk because the World Bank is not adequately monitoring how they are used. The U.S. has contributed $3 billion to the fund.
For the first time in four years, the rate on the 10-year U.S. Treasury note crossed 3 percent. While it signals a stronger economy, it makes bonds more attractive investments, undermining stocks.
The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."