Despite tariffs, Amazon merchants are stockpiling, but this is only a temporary solution
Amazon attempted to allay investor worries about how the Trump administration's tariffs might affect its online store, but given the...
Donald Trump
American automakers may face tariffs of up to $12,000 per vehicle
A Michigan economic consulting group said Thursday that automakers will continue to face a tariff impact of between $2,000 and...
Trump’s decision to lower US auto tariffs
In an effort to encourage the auto industry to shift more production back to the United States, U.S. President Donald...
Google’s first-quarter earnings were the highest to date
In a time of increased economic uncertainty that could affect Google, a business with a significant advertising presence, Alphabet, the...
Tesla’s first-quarter 2025 earnings fell 71%
Following a 20% decline in its automotive revenue, Tesla's net profit dropped 71% to $409 million in the first quarter...
Prada buys Versace for roughly $1.4 billion after Trump’s tariffs almost ruined the acquisition
Luxury fashion firm Prada Group has reached an agreement with Capri Holdings to acquire designer label Versace for $1.38 billion,...
General Motors suspends production at its Canadian factory
General Motors (GM) has announced that it will cease operations at one of its Canadian assembly factories until October, resulting...
Tariff conflicts are expected to raise prices for iPhones, coffee, apparel, and booze
The United States' trade war, which began with infinite tariffs, threatens to cause price increases in the country, and residents...
Donald Trump threatens fresh tariffs of 50% on China
President Donald Trump has threatened to levy 50% extra tariffs on China unless Beijing withdraws its 34% hike in further...
JPMorgan CEO Jamie Dimon argues Trump tariffs will increase inflation and hinder the already weakened US economy
JPMorgan Chase CEO Jamie Dimon warned Monday that tariffs announced by President Donald Trump last week will certainly raise prices...
