We spoke to Rain Newton-Smith, who's chief executive of the Confederation of British Industry about the government's current response to Donald Trump's tariffs.
US president insists country is going to flourish as former Republican leader Mitch McConnell says tariffs are a ‘bad policy’ US stock markets tumble as investors shaken by Trump tariffs In the aftermath of the disastrous debate against...
About 900 U.S.-represented employees at supporting plants will be temporarily laid off, in addition to about 4,500 hourly workers at the Canadian plant.
Trump cutbacks were supposedly aimed at administrators. But scientists in food and drug-testing labs and policy experts who advance generic drug approvals were also dismissed.
President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.
Earthquake preparation hinges in large part on the expertise of scientists and engineers in federal agencies who develop earthquake hazard models and building codes. Earthquakes and the damage they cause are apolitical. Collectively, we...
Bloomberg News has hired Hyonhee Shin as a reporter in its Seoul bureau. Shin previously worked for Reuters as a politics and general news correspondent in South Korea. She also spent seven years at the Korea Herald covering business,...
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.
CNBC has hired Erin Doherty as a politics reporter. She was at Axios as a politics reporter covering breaking news and the 2024 election. Doherty interned at ABC News, the National Journal and the Miami Herald. She is a graduate of...
Stocks plummeted on Thursday in reaction to a widening global trade war. With few parallels in history, markets are wondering where things go from here.
Economists say levies of 10-50% have dramatically added to the risk of a worldwide downturn Global financial markets have been plunged into turmoil as Donald Trump’s escalating trade war knocked trillions of dollars off the value of the...
Confused by Trump’s tariff charts? Us too. In a showy speech at the White House yesterday, President Trump announced his most sweeping tariffs to date—and the news has sent the global economic order into chaos.
The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season
Son of murdered academic calls on Facebook owner to ‘radically change how it moderates dangerous content’ Meta faces a $2.4bn (£1.8bn) lawsuit accusing the Facebook owner of inflaming violence in Ethiopia after the Kenyan high court said...
TikTok’s photo-sharing app will go dark on May 8, with users encouraged to move to Lemon8. Here’s what happened—and what it means for TikTok’s evolving strategy. TikTok is shutting down TikTok Notes—wait, you didn’t even know it existed?...
Heard and McDonald Islands, accessible only by boat and unvisited in a decade, are now trade targets. On Wednesday, President Trump unveiled a series of sweeping tariffs that not only targeted major U.S. trading partners but also...
The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
Retailers may not be able to fully offset these tariffs, as countering the impact of the levies on Vietnam alone would require price increases of 10% to 12%, per analysts. Prices of Nike Jordan and Adidas Samba sneakers are likely to...
The US president has expelled his own country from the rules-based global trade system that America itself created For the world’s already embattled trading system, it is as though an asteroid has crashed into the planet, devastating...
Starmer will try to calm the situation and focus on May’s local elections, but one thing is clear: our ties with Europe are more crucial than ever Nobody wins a trade war. You can lose it by greater or lesser degrees: you may be one of...
Throughout my journey, I've discovered that effective selling isn't about slick pitches — it's about understanding problems first and solving them with trust.
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.
The US president’s tariffs are almost certain to have dire consequences and he is not impervious to market decline or public opinion Business live – latest updates So much for the idea that “liberation day” would free financial markets...