Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
Buffett criticizes Trump's tariffs rollout, says US shouldn’t use 'trade as a weapon'
Legendary investor Warren Buffett railed against President Donald Trump’s tariffs arguing that employing trade as a “weapon" has antagonized international relations.
Trump closes tariff loophole on cheap online goods from China
President Donald Trump has closed a tariff loophole that allowed Chinese e-commerce giants like Shein and Temu to sell low-cost goods in the U.S. without paying duties — a move that is expected to drive up prices for American consumers.
Trump urges 'be patient' on the economy, predicts 'boom...like no other'
President Donald Trump on Wednesday promised the economy will soon boom amid an unexpected contraction of gross domestic product in the first quarter.
Camping World CEO Marcus Lemonis shutters North Carolina store amid giant flag dispute
Camping World CEO Marcus Lemonis says he was forced to close one of his North Carolina stores amid a fierce legal battle over giant American flags flying at his locations.
Sam’s Club phasing out checkouts, betting big on AI shopping
Sam's Club plans to phase out traditional checkouts across its 600 stores, replacing them with a system where members scan items using an app and AI technology verifies purchases as they exit.
Sheryl Sandberg says Meta considered blocking competitors' ads in landmark antitrust trial
Former Meta Chief Operating Officer Sheryl Sandberg's testimony reveals the company contemplated restricting competitor access to its platform.
Trump’s tariff blitz now exempting electrical goods like phones, laptops
The Trump administration is excluding imported smartphones, laptops, and other electronics from reciprocal tariffs — a decision expected to ease consumer concerns and deliver a win for major tech companies.
Siemens executive, wife and 3 kids ID'd as Hudson River helicopter crash victims
A Siemens AG executive from Spain, along with his family and a pilot, died when a helicopter crashed into New York City's Hudson River on Thursday.