Shares in automakers around the world tumbled on Thursday after President Trump announced plans to impose a 25 percent tariff on imported cars and some parts beginning next week. Among the hardest hit were carmakers based in Germany, Japan and South Korea, which sell many of their cars in the United States and rely on … Read more
For at least a few days most weeks, Mei Kawajiri makes hotel calls to celebrities like Cardi B, Heidi Klum, Ariana Grande and Bad Bunny to whip up viral creations, often shared with her more than 343,000 Instagram followers. Her medium might be even more impressive: extravagant nail art — minutely detailed 3-D pastries, hand-drawn … Read more
Mexico deployed thousands of National Guard troops to the border to deter migrants from reaching the United States. South Korea said it would invest $21 billion in expanding U.S. manufacturing. Japanese officials descended on Washington, offering to invest $1 trillion in the United States and buy more American natural gas. None of that was enough … Read more
President Trump said in a middle-of-the-night social media post early Thursday that he would come after the European Union and Canada if they banded together to “do economic harm” to America, opening a new front in the unfolding trade war. “If the European Union works with Canada in order to do economic harm to the … Read more
President Trump on Wednesday raised the possibility that he could relax steep upcoming tariffs on China in exchange for the country’s support on a deal to sell TikTok to a new owner from the United States. Acknowledging that Beijing is “going to have to play a role” in any transaction, Mr. Trump signaled to reporters … Read more
Under President Trump, the Consumer Financial Protection Bureau has dropped nearly a dozen enforcement cases brought during the Biden administration, ending lawsuits against banks and lenders for a variety of financial practices that the watchdog agency no longer considers illegal. But on Wednesday, the bureau went a step further: It is seeking to give back … Read more
President Trump said on Wednesday that he would impose a 25 percent tariff on cars and car parts that were imported into the United States, a move that could encourage U.S. auto production over the longer run but is likely to throw global supply chains into disarray and raise prices for Americans who buy an … Read more
Tesla could be a winner from the auto tariffs announced by President Trump on Wednesday — or at least suffer less than its competitors. Tesla, whose chief executive, Elon Musk, has taken a leading role in the Trump administration, makes all the cars that it sells in the United States in California and Texas. That … Read more
In 2019, an A.I. researcher, François Chollet, designed a puzzle game that was meant to be easy for humans but hard for machines. The game, called ARC, became an important way for experts to track the progress of artificial intelligence and push back against the narrative that scientists are on the brink of building A.I. … Read more
Stocks slumped on Wednesday ahead of President Trump’s announcement of tariffs on auto imports, as investors braced for levies that could disrupt carmakers’ supply chains and raise costs for consumers. The S&P 500 fell roughly 1.1 percent for the day, and the tech-heavy Nasdaq Composite was 2 percent lower. The downturn reflected ongoing volatility in … Read more