‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties
Global manufacturers are rethinking their products design, looking to tap into a lesser-known legal technique known as "tariff engineering" to…
Category: Economy
Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation
The Buss family has agreed to sell a majority stake of the Los Angeles Lakers to businessman Mark Walter. ...
Trump meets with national security team on Iran as U.S. prepares to evacuate citizens from Israel
U.S. President Donald Trump has called for Iran's "UNCONDITIONAL SURRENDER!" ...
Fed holds key rate steady, still sees two more cuts this year
The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week. ...
Reddit stock jumps after company rolls out new AI advertising tools
Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement. ...
JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
JPMorgan, the biggest U.S. bank by assets, shook up the card industry with the launch of the Sapphire Reserve almost…
Investors see stagflation ahead but slow interest rate cuts, CNBC Fed survey finds
Respondents continue to forecast weaker growth and higher inflation than they did at the beginning of the year. ...
Trump signals escalation in Israel-Iran conflict as he leaves G7 summit early
The conflict also prompted a statement from G7 leaders, affirming support for Israel, while calling for a resolution to the…
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Sentiment among the nation's homebuilders fell due to stubbornly higher mortgage rates, tariff concerns and economic uncertainty among consumers. ...