More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like strollers, mattresses, […]
Category: Business
Business News
TikTok Fined $600 Million for Sending European User Data to China
TikTok was fined 530 million euros ($600 million) on Friday for violating a European Union data privacy law after regulators found the company had improperly […]
Republicans Wrestle With Trump’s Demands for Tax Cuts
It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and […]
Live Updates: Trump Unveils 2026 Budget Proposal, Seeking Substantial Cuts Across Government
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next […]
Live Updates: U.S. Job Growth Remained Strong in April
The economy is contracting, companies are reporting losses and consumers are tightening their belts. As dour as the economic data has been this week, President […]
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s […]
Penske Shakes Up Leadership of South by Southwest
SXSW, which began as a music festival in Austin, Texas, in 1987, has expanded to a two-week event that now features three tracks of programming: […]
Woman Says She Was Sexually Assaulted on American Airlines Flight
A woman has filed a lawsuit against American Airlines, saying a man sexually assaulted her during a red-eye flight from San Francisco to Dallas last […]
U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
Now that the United States has secured a deal to share the rights to Ukraine’s mineral reserves — including elements crucial for a range of […]
How a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw open […]