There is no doubt the tariffs that President Trump said he would impose on imported cars, trucks and auto parts next week will raise prices by thousands of dollars for consumers. What is not clear is how soon those increases will kick in, how high they will go and which models will be affected the … Read more
It attributed some of the problem to an aging population, as more seniors receive retirement payments from Social Security and health insurance through Medicare. Congressional analysts anticipate that the demand for Social Security may exhaust its trust fund in 2034, threatening seniors’ benefits, while the primary trust fund for Medicare could run out in 2052. … Read more
The Sundance Film Festival is venturing to a new ski town. After a year of deliberations, copious site visits and scores of plane rides, the board of the Sundance Institute has chosen Boulder, Colo., to host its film festival beginning January 2027. “Boulder is a tech town, a college town, it’s a really creative town,” … Read more
Leonard Polonsky, Philanthropist Who Supported the Arts, Dies at 97
Hollywood has yet to recover the jobs in film and television production that were lost when strikes by writers and actors brought production to a halt in 2023 as the industry was shifting, according to a report released Thursday. The report by the Otis College of Art and Design found that jobs in the entertainment … Read more
As for movies? Mr. Zaslav acknowledged that film is “a tough business” at a Morgan Stanley conference this month, and seemed to ask for a bit more patience. “It’s a long-cycle business, and we’ve been winding out of what wasn’t ours,” he said, a reference to flops like “War of the Rohirrim” and “Mickey 17,” … Read more
A New York state court on Thursday blocked Texas from filing a legal action against a New York doctor for prescribing and sending abortion pills to a Texas woman. The unprecedented move catapults the interstate abortion wars to a new level, setting the stage for a high-stakes legal battle between states that ban abortion and … Read more
The tariffs on cars and auto parts that President Trump announced on Wednesday will have far-reaching effects on automakers in the United States and abroad. But there will be important differences based on the circumstances of each company. Tesla The company run by Mr. Trump’s confidant, Elon Musk, makes the cars it sells in the … Read more
President Trump’s unexpected plan to impose a 25 percent tariff on cars and car parts imported into the United States will not only disrupt supply chains. It will also fuel anger and alienation — and pressure to retaliate — among American allies across the globe. Many of the countries most affected by the new levies, … Read more
President Trump’s sweeping tariffs on automobiles drew a sharp reaction on Thursday from Germany, which called on the European Union to hit back with a “firm response” to measures that would “harm the U.S. and the E.U., and global trade as a whole.” Mr. Trump announced on Wednesday that he would impose a 25 percent … Read more