Trump recommends 50% tariff on European Union starting June 1
President Donald Trump said he is "recommending a straight 50% Tariff on the European Union" after complaining that trade negotiations…
Economy
Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.
Shares of Apple were under pressure on Friday after Trump's post on Truth Social. ...
Nike to resume selling directly on Amazon for first time since 2019
Nike confirmed to CNBC that its shoes are returning to Amazon. ...
Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue
The company is a key player in China's hypercompetitive EV market, but has struggled to turn a profit amid rising…
Why OpenAI’s deal with iPhone designer Jony Ive should be a wake-up call for Apple
Ive announced a $6.4 billion deal that will merge his io hardware firm with OpenAI. Ive will head up the…
The Republican spending bill is sending yields soaring and creating a major market headache
For now, Wall Street experts are not optimistic about what happens from here. ...
Trump tax bill heads to the House floor for a vote after last-minute changes
House Speaker Mike Johnson must unify his conference's hard-line conservatives and its moderate Republicans from blue states. ...
Trump warns House Republicans, ‘Don’t f— around with Medicaid’
House Speaker Mike Johnson wants a major tax bill passed before Memorial Day. GOP debates over the SALT deduction, Medicaid…
Google launches VIP-level AI subscription service
The newest tier, which is more expensive than ChatGPT's premium service, comes as Google seeks to further monetize its AI…