President Trump’s announcement of sweeping tariffs on America’s trading partners has widened the rift between the United States and some of its closest allies while reconfiguring the global economic order. Mr. Trump’s plan, which he unveiled on Wednesday and is calling “reciprocal,” would impose a wave of tariffs on dozens of other countries. Among major … Read more
Time passes in funny ways when you’re on your phone. Five minutes of swiping on TikTok or tapping through Instagram Stories can slip into 10 minutes, or 20, or one sunken hour. Alex Norstrom, co-president and chief business officer of Spotify, believes some apps will soon “self-swipe,” requiring even less of your effort or awareness. … Read more
Another big law firm has reached an agreement with the Trump administration over the kind of free legal services its lawyers can provide to head off an executive order that could impair its business. President Donald J. Trump announced on Truth Social that Milbank had agreed to provide $100 million in pro bono legal services … Read more
President Trump says he is outraged by the fact that the United States imports more goods than it sends to the rest of the world. What he rarely mentions, though, is that when it comes to services, the tables are turned. Service sectors — which include the finance, travel, engineering and medical industries and more … Read more
President Trump’s tariffs are likely to raise the costs of building renewable energy projects in the United States, analysts say, adding to the challenges of an already struggling industry. Generating equipment, like wind turbines, is often made with parts from many suppliers around the globe, and assembled in the United States. Tariffs are likely to … Read more
Newsmax, the right-wing cable news channel, has been on a roller coaster since its shares started trading on the public markets on Monday. The stock rocketed to a high of $279 on the New York Stock Exchange this week, a price that briefly valued the company at more than $20 billion. On Wednesday, the stock … Read more
Democratic senators plan on Wednesday to force a vote on a measure that would block President Trump’s tariffs on Canada, hoping enough of their Republican colleagues will join them to pass a resolution that calls for halting levies set to take effect this week. The measure would face long odds in the House, where G.O.P. … Read more
President Trump’s social media company, Trump Media & Technology Group, filed to re-register for sale billions of dollars’ worth of shares that he has in the company and that are held in a trust overseen by his eldest son. The registration statement, filed with the Securities and Exchange Commission on Monday, permits the trust to … Read more
President Trump has accused America’s trading partners of undermining the United States for decades, saying they have engaged in unfair trade practices to steal the country’s wealth and enrich their own economies. He has set his sights on not only adversaries like China, but also traditional allies like Canada and Europe. And he has complained … Read more
The Supreme Court handed a victory to the Food and Drug Administration on Wednesday, tossing out an appeals court decision that had found the agency acted unlawfully in rejecting applications from two manufacturers of flavored liquids used in e-cigarettes with names like Jimmy the Juice Man Peachy Strawberry, Signature Series Mom’s Pistachio and Suicide Bunny … Read more