business

Ryan Bivens, a Kentucky grain farmer who sells corn to one of America’s biggest bourbon and whiskey producers, operated at a loss last year as he faced higher production costs from persistent inflation. President Trump’s trade war is about to make that economic pain even worse. Industries across the United States are bracing for higher … Read more

This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined more than 10 percent in two days last week, and it swung wildly on Monday amid news of further tariffs … Read more

“I do think there is so much to be said for your ability to exist, even in the presence of that — it takes a very strong cookie,” Ms. Herd told Meghan, adding, “When I was going through the media storm and being called this and that, and this and that, at Tinder, I didn’t … Read more

Sales in the international art market declined 12 percent in 2024, according to the Art Basel and UBS Global Art Market Report published on Tuesday. The annual report, seen as the most reliable indicator of the art market’s size and health, said that sales had fallen for the second year in a row. “Decline in … Read more

China lashed out at the United States on Tuesday after President Trump demanded that Beijing rescind its retaliatory tariffs or face an additional 50 percent U.S. levy, calling his threat “blackmail,” as tensions between the two major powers rose. The Ministry of Commerce, without referring to the American president by name, said that Beijing had … Read more

After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump’s tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize … Read more

Last Wednesday, the Trump administration believed it had a plan to save TikTok. ByteDance, TikTok’s Chinese owner, along with some of its U.S. investors and officials in Washington had coalesced around a new ownership structure for the popular video app, four people familiar with the situation said. That structure, the people said, would help TikTok … Read more

As a partner at Cadwalader, Wickersham & Taft, Wall Street’s oldest law firm, Todd Blanche had represented people close to President Trump over the years. But in 2023, when Mr. Trump was facing multiple criminal investigations and Mr. Blanche wanted to represent him, most of the firm’s leadership balked at the idea, according to people … Read more

Source: U.S. International Trade Commission Note: Boxes sized by value of exports to the United States. Only the 20 largest exporters to the U.S. are shown. The New York Times For now, most world leaders are trying to bargain their way out of the sweeping new American tariffs. Just two of the 20 largest exporters … Read more