French President Macron tells European companies sto stop their investment in the US

French President Emmanuel Macron is ramping up efforts to persuade EU nations to stop purchasing U.S.-made defense equipment and instead turn to French and European alternatives. In an interview published Saturday with several French outlets including Nice-Matin and Le Parisien, Macron reaffirmed his long-standing call for European defense

Beijing says it will take “resolute countermeasures” after Trump imposed 54% tariffs on all Chinese imports

During his speech on Wednesday outlining new tariffs for America’s trading partners, President Donald Trump took direct aim at China with pointed criticism. “I have great respect for President Xi [Jinping] and for China,” Trump said during his nearly hour-long address. “But they were taking tremendous advantage of us.

IRS officials are expecting tax revenue to drop by more than 10% by April 15

IRS and Treasury Department officials are reportedly expecting tax revenue to decline by more than 10% ahead of the April 15 filing deadline compared to last year, according to The Washington Post, which cited three individuals familiar with internal estimates. The drop in collections is being attributed to a growing

US Commerce Secretary Lutnick: It will not be effective for countries to retaliate against Trump tariffs

The Trump administration is in active talks with major trading partners around the world to find ways to lower President Donald Trump's newly announced tariffs, Commerce Secretary Howard Lutnick said Thursday. However, he emphasized that these countries will need to revise their trade policies to allow for greater

The probability of a recession in the US is approaching 50%

The U.S. economy is facing heightened recession risks as rapidly escalating tariffs threaten to dampen growth, reignite inflation, and push up unemployment, Goldman Sachs warned on Sunday night. In a note to clients, the Wall Street firm raised its estimate of a recession in the next 12 months to

Stellantis, STLA, to temporarily halt some Canada and Mexico plants due to US auto tariffs

Stellantis (STLA), the parent company of Jeep, Chrysler, Dodge, and Ram, is temporarily suspending production at two of its North American factories in response to President Donald Trump’s newly implemented auto tariffs. According to a report from The Wall Street Journal, the company will idle its minivan plant in

OnlyFans' owner has put in a bid to buy TikTok US

A startup founded by Tim Stokely, the creator of the adult content platform OnlyFans, has teamed up with a cryptocurrency foundation to submit a late-stage bid to acquire TikTok from its Chinese parent company ByteDance, the two groups confirmed on Wednesday. The proposal was formally submitted to the White House

The NYPost has reported that the US tariffs on each nation is calculated by taking the current US trade deficit with each target country and dividing the deficit by half

Trump Unveils Broad Tariff Plan, Escalating Global Trade Tensions President Donald Trump on Wednesday announced a sweeping new tariff policy that will impose a baseline 10% duty on most imports into the United States, with significantly higher rates targeting dozens of countries. The move marks a major escalation in the

The Trump administration has put a 10% tariff on the Heard Island and McDonald which has a population of 0 people and is inhabited only by penguins

Trump Unveils Broad Tariff Plan, Escalating Global Trade Tensions President Donald Trump on Wednesday announced a sweeping new tariff policy that will impose a baseline 10% duty on most imports into the United States, with significantly higher rates targeting dozens of countries. The move marks a major escalation in the

The US Senate has passed a bill 51-48 to repeal Trump’s tariffs on Canadian imports, with a few Republican Senators voting against Trump

Just hours after President Donald Trump unveiled sweeping new tariffs on nearly all imports into the U.S., a bipartisan group of senators made the first move to challenge what many view as one of the most misguided elements of his global trade war. In a 51–48 vote, the

Trump's Secretary of the US Treasury was just asked about the market sell off due to tariffs, Bessent said: "The sell off is a Mag7 problem not a MAGA problem"

Trump Unveils Broad Tariff Plan, Escalating Global Trade Tensions President Donald Trump on Wednesday announced a sweeping new tariff policy that will impose a baseline 10% duty on most imports into the United States, with significantly higher rates targeting dozens of countries. The move marks a major escalation in the

Total US Tariff rate on Chinese goods will rise to 54%

Trump Unveils Broad Tariff Plan, Escalating Global Trade Tensions President Donald Trump on Wednesday announced a sweeping new tariff policy that will impose a baseline 10% duty on most imports into the United States, with significantly higher rates targeting dozens of countries. The move marks a major escalation in the

China restricts some companies from investing in the US

China has moved to restrict domestic companies from making new investments in the United States, according to people familiar with the matter—a decision seen by some as a strategic move to gain leverage in future trade negotiations with the Trump administration. Multiple regional offices of the National Development and

Trump says tariffs have stopped wars

Ontario Premier Doug Ford says he believes Canada would be willing to lift its tariffs on American goods if President Donald Trump ends his trade war. Ford made the remarks during an interview with CNBC’s Ross Sorkin on Wednesday morning, after Sorkin brought up Canada’s $60 billion in

NYC Mayor Eric Adams' corruption case has been dismissed, and cannot be brought again

Federal charges against New York City Mayor Eric Adams were dismissed earlier this year, but controversy surrounding the decision continues to stir debate. In February, the Department of Justice moved to dismiss the case, arguing that prosecuting Adams would interfere with his ability to govern the city and, in doing

Canada willing to remove tariffs if US does

Ontario Premier Doug Ford says he believes Canada would be willing to lift its tariffs on American goods if President Donald Trump ends his trade war. Ford made the remarks during an interview with CNBC’s Ross Sorkin on Wednesday morning, after Sorkin brought up Canada’s $60 billion in

Amazon, AMZN, in bid to buy TikTok in US

TikTok remains accessible to U.S. users under a temporary extension granted by a 2024 law that prohibits the short-video platform unless its parent company, China-based ByteDance, relinquishes ownership. On his first day in office, January 20, President Trump delayed enforcement of the ban for 75 days, allowing TikTok to

Trump has reportedly indicated to top advisers that Elon Musk could be taking a step back from his current role in the administration

President Donald Trump has told senior advisers that Elon Musk may soon step back from his current role in the administration, according to sources familiar with the matter who spoke to ABC News. Musk serves as a “special government employee,” a designation that limits his appointment to no more than

Iran has said: Will develop a nuclear bomb if attacked

Iran would be compelled to pursue nuclear weapons if attacked by the United States or its allies, a top adviser to the country’s supreme leader warned Monday, following threats from U.S. President Donald Trump. The warning came after Supreme Leader Ayatollah Ali Khamenei vowed retaliation if Trump follows

Elon Musk says the US government “deleted a terabyte of financial data to cover their crimes"

Elon Musk has accused the U.S. Institute of Peace (USIP) of deleting a terabyte of financial data in an attempt to “cover their crimes.” Musk reposted a claim on X (formerly Twitter) from the conservative account ‘amuse,’ which alleged that the Department of Government Efficiency (DOGE) discovered USIP had

Democratic Senator Cory Booker has now broken the record for the longest ever speech in the Senate

U.S. Senator Cory Booker has set a new record for the longest speech ever delivered in the Senate. The New Jersey Democrat began speaking on Monday evening and continued for a total of 25 hours and four minutes in what he described as a protest against the Trump administration.

81% of millennials have said they can’t afford to have a midlife crisis

Millennials—those born between 1981 and 1996—earn 20% less than baby boomers did at the same age, according to Farmani. On top of that, they face the burden of student loan debt, a tough job market, and rising housing costs—all of which make it harder to achieve financial

Billionaire investor Ray Dalio credits all his success to meditation: ‘It gives you a calmness'

In a world shaped by rapid shifts in government, technology, climate, and more, hedge fund manager Ray Dalio emphasizes the importance of staying calm and connected. Through uncertainty and upheaval, Dalio credits one daily habit with helping him cut through the noise and thrive through change: meditation. He told CNBC

Making President Donald Trump’s tax cuts permanent could send US debt held by the public above 200% of GDP in a few decades

President Donald Trump’s signature economic policy from his first term—the Tax Cuts and Jobs Act—is set to expire at the end of this year. Trump and top Senate Republicans have called for making the cuts permanent. But some fiscal conservatives are pushing back. One Republican lawmaker requested

Cuts to the IRS are forcing the "IRS to cancel several large audits, which could result in tens of billions in lost revenue for the government"

Staff reductions ordered under President Donald Trump’s government-wide downsizing effort are stalling major ongoing audits, and the IRS is unlikely to bolster its enforcement division anytime soon. According to The Wall Street Journal, this slowdown could result in tens of billions of dollars in unpaid taxes going uncollected. It