News - 2025-02-02

Daily News Explorer

The Microsoft co-founder says he enjoys giving away his fortune and it won't leave his kids poor.

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Dennis Richardson says he struggled to afford replacements after his tools were stolen from his van.

Investors are bracing for a potential trade war that could hit the earnings of major companies.

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Shares in Asian manufacturers tumbled on concern that tariffs will hurt trade in North America and disrupt global supply chains.

Thames Water is hoping to secure an emergency cash injection or face runing out of money in weeks.

The Trump tariffs are here -- and Wall Street doesn't like them.

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US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

The tool, called Deep Research, arrives days after OpenAI released another one, which shops for groceries and books restaurant reservations.

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President Trump’s new tariffs on goods from Canada, Mexico and China are likely to result in higher prices for lots of products, including computers, tequila and gas.

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Stock futures tumbled Sunday night to kick off a new trading month as investors weighed new U.S. tariffs on goods from key trade partners.

Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures, and Mexico said it would soon unveil its response.

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The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.

Canadian officials announced Sunday they will provide a mechanism for Canadian businesses to obtain relief from retaliatory tariffs set to take effect against the United States in the coming days. Under the so-called "remission process," Canadian businesses could apply for tariff relief or refunds, provided they meet certain conditions. The Canadian government announced retaliatory tariffs on Saturday, in response to a host of new tariffs President Donald Trump announced against Canada, Mexico and China.

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

The home affordability crisis has raged on for years with no sign of easing anytime soon, and that has some experts concerned -- especially for young adults.

Canada's outgoing Prime Minister Justin Trudeau shot back against new tariffs announced by President Trump on Saturday by slapping Ottawa's own set of tariffs which could harm the U.S. economy.

The wildfires that tore through Los Angeles have left residents with ample financial anxieties. There are few answers right now.

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The number of incarcerated people nationwide has declined, and almost 200 correctional facilities have closed in the past 20 years. The sites are being repurposed.

Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.

How US Tariffs Challenge China

Feb 2, 2025, 12:01 AM

China chose swift retaliation for trade measures in the first Trump administration, but that led to an upward spiral of trade measures and much broader tariffs.

Trump's tariff plans are squarely in focus for investors amid another busy week on Wall Street that will include quarterly reports from more than 100 S&P 500 companies and the January jobs report.

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(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’s Morning Commute Time Drops With New Congestion TollCanada braced for economic turmoil and laid out a retaliation plan after President Donald Trump s

The Department of Government Efficiency, run by President Donald Trump's billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems, according to two people familiar with the situation. The move by DOGE, a Trump administration task force assigned to find ways to fire federal workers, cut programs and slash federal regulations, means it could have wide leeway to access important taxpayer data, among other things. The New York Times first reported the news of the group's access of the massive federal payment system.

Comedian Matt Rife is going against the celebrity grain in his latest real estate purchase that is turning locals' heads.

The American Gas Association says it will work with President Donald Trump's administration regarding energy tariffs on Mexico and Canada Sunday.

Canada announces retaliatory tariffs against the US, in a move that is likely to be costly for both nations.

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They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?

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Private plates are increasingly being seen as an investment, often never even being used on a car, say experts.

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Canada and Mexico announced tariffs on U.S. imports on Saturday in retaliation for President Donald Trump placing tariffs on the two countries.

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The bank says a technical issue, which began on Friday and impacted the its app, online banking and payments, has been resolved.