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Amazon Says Operating Profits May Decline Amid Economic Uncertainty
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest…
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Kennedy Issues Demands for Vaccine Approvals that Could Affect Fall Covid Boosters
Health Secretary Robert F. Kennedy Jr. announced a plan that would require placebo-controlled studies for all new vaccines, surprising…
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GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would…
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Tesla Chair Denies That Board Sought to Replace Elon Musk
The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief…
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Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast
The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member. The Bank of Japan said on Thursday…
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Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty three days of losses. More than $6.5…
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As Trump Cuts Foreign Aid, What Does It Mean for the Gates Foundation?
On Dec. 27, Bill Gates, the billionaire philanthropist, made a trip to Mar-a-Lago for dinner with Donald J. Trump. Some people around him…
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Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows
Cutting federal funding for scientific research could cause long-run economic damage equivalent to a major recession, according to a new…
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Chinese Factories Slow in Early Sign of Trade War’s Toll
President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of…
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Corporation for Public Broadcasting Sues White House to Block Board Firings
The Corporation for Public Broadcasting sued the Trump administration on Tuesday, accusing it of illegally trying to fire three members of…
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Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration.…
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UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
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White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon.…
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West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Census Bureau data released on Tuesday showed a surge in U.S. imports starting last fall, from $268 billion at the end of October to $343…
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Federal Watchdog Reveals Dozens of Inquiries Into Trump’s Withholding of Funds
An independent federal watchdog has opened more than three dozen investigations into the Trump administration to determine if it has…
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Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…
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Trump’s China Tariffs Are Already Jeopardizing Christmas
President Trump’s China tariffs are threatening Christmas. Toy makers, children’s shops and specialty retailers are pausing orders for the…
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Student Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could…
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White House Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car…
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Why Trump’s Economic Disruption Will Be Hard to Reverse
President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in…
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‘60 Minutes’ Rebukes Paramount On-Air Over Executive Producer’s Exit
In an extraordinary on-air rebuke, one of the top journalists at “60 Minutes” directly criticized the program’s parent company in the…
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Trump’s Tariffs Prompt Wave of Lawsuits
Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief…
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Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent tariffs imposed by President Trump on imported cars have added to the pressures on vehicle manufacturers around the world,…
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Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make…