Daily News Explorer
US Postal Service stops accepting parcels from China
Feb 4, 2025, 10:08 PM
It says the suspension will be in place "until further notice" and did not offer a reason for the decision.
USPS suspends inbound packages from China, Hong Kong Posts
Feb 4, 2025, 9:37 PM
The USPS announced it is temporarily suspending inbound packages from China and Hong Kong Posts.
U.S. Postal Service Halts Parcel Service From China as Trump’s Trade Curbs Begin
Feb 4, 2025, 9:34 PM
The U.S. has been importing about three million parcels a day with little customs inspection, raising concerns about the ease of sending fentanyl.
The BBC's Analysis Editor takes a look at the latest round of tariffs announced by President Trump - and what the US has got in return.
Stock market today: Nasdaq futures slip on China tariffs, corporate earnings
Feb 4, 2025, 8:12 PM
US stock futures pulled back after-hours against a backdrop of mixed earnings and the outbreak of a trade war with China
Google owner Alphabet drops promise over 'harmful' AI uses
Feb 4, 2025, 7:43 PM
The tech giant has updated the principles governing its development of artificial intelligence.
Barbie maker Mattel warns Trump tariffs may drive up prices
Feb 4, 2025, 7:29 PM
The firm says it could raise prices and make changes to its supply chains to deal with new import taxes.
Conditions May Have Stymied Black Hawk Crew Before Fatal Crash
Feb 4, 2025, 7:28 PM
The Army pilots were juggling dark skies, low altitude, a busy airspace and a cockpit without certain traffic detectors before the helicopter’s midair crash with a regional passenger jet.
Trump’s China tariffs are shutting the big loophole that make Shein and Temu so cheap
Feb 4, 2025, 6:42 PM
When President Trump pushed ahead with a 10% tariff on all Chinese merchandise, he also closed the century-old de minimis exemption, which allows packages worth under $800 to be shipped into the country duty-free.
Ghana wants more for its cashews, but it's a tough nut to crack
Feb 4, 2025, 7:00 PM
The African nation exports its cashews in raw form, but processing them would be more lucrative.
Samuel Butler, Lawyer Who Helped Create Corporate Giants, Dies at 94
Feb 4, 2025, 6:22 PM
Leading the elite Wall Street firm Cravath, he became a go-to adviser on mergers and acquisitions — “all the big deals that were going on in the ’80s and ’90s.”
LARRY KUDLOW: We can't let China slip away
Feb 4, 2025, 6:04 PM
LARRY KUDLOW: We can't let China slip away
S&P 500 futures fall after latest earnings, Alphabet's revenue miss: Live updates
Feb 4, 2025, 6:03 PM
Wall Street is coming off a positive session as traders shrugged off the latest tariff headlines.
S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts
Feb 4, 2025, 5:42 PM
Some in a special unit of 50 lawyers and staff members that had been assigned to regulate cryptocurrency are being reassigned in the agency.
Walmart to cut jobs, relocate some employees to main hubs
Feb 4, 2025, 5:00 PM
Walmart is trying to move most of its employees from smaller offices to its main hubs in Bentonville, Arkansas, as well as its office in Sunnyvale, California.
Alphabet stock tumbles after cloud revenue miss, spending growth
Feb 4, 2025, 4:09 PM
Google reported its Q4 earnings after the bell Tuesday, missing on cloud expectations.
Stock market today: Dow, S&P 500, Nasdaq recover as traders assess tariff developments, new jobs data
Feb 4, 2025, 4:37 PM
Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war.
Want Eggs With Your Breakfast? Pay a Surcharge, Waffle House Says.
Feb 4, 2025, 3:40 PM
The restaurant chain, which serves breakfast all day, said it was adding the temporary 50-cent surcharge because the bird flu has caused a shortage in the egg supply.
Elon Musk to make his case about DOGE before a JPMorgan audience that includes Jamie Dimon
Feb 4, 2025, 1:40 PM
The world’s richest man, Elon Musk, will appear at a JPMorgan event this week as he makes his case about the benefits of government spending cuts. The audience will include JPMorgan CEO Jamie Dimon.
What's happening with Trump's tariffs on China, Canada and Mexico?
Feb 4, 2025, 1:38 PM
President Donald Trump's tariff dispute with China, Canada and Mexico over fentanyl smuggling and illegal immigration has led to retaliation by the Chinese government.
Illegal meat on most UK High Streets, official says
Feb 4, 2025, 1:33 PM
Post-Brexit checks are undermining efforts to keep out potentially disease-ridden meat, official says.
German cars are popular in the United States, but U.S. cars are not as prevalent on German roads. One reason: tiny European streets and parking spots.
Estee Lauder to cut up to 7,000 jobs
Feb 4, 2025, 12:01 PM
Estee Lauder now intends to slash up to 7,000 positions from its workforce, the cosmetics company, known for brands like Mac and Clinique, announced Tuesday.
Estee Lauder to cut thousands of jobs, warning of tariff impact
Feb 4, 2025, 12:20 PM
The beauty company is expanding its restructuring programme, warning of global volatility.
PepsiCo Adding Healthier Snacks as Its North American Sales Dip
Feb 4, 2025, 12:09 PM
Rising consumer demand for fewer empty calories is pushing the snack and beverage giant to offer options with less sodium, fat and artificial ingredients.
United Airlines first US carrier to resume service to Israel
Feb 4, 2025, 11:56 AM
United Airlines announced the same day Israeli Prime Minister Benjamin Netanyahu is visiting the White House that it will resume service to Tel Aviv next month.
Trump tariffs could impact biggest US meat producer
Feb 4, 2025, 11:19 AM
Tyson Foods is implementing contingency plans for President Trump's looming tariffs that could take effect in a month if Canada and Mexico don't strike a final deal with the U.S.
Grammy Awards Audience Drops 9%
Feb 4, 2025, 11:21 AM
The awards show drew 15.4 million people this year, down from nearly 17 million last year.
Ferrari stock races higher on upbeat results as luxury automaker nets $115K in profit per car
Feb 4, 2025, 10:53 AM
Ferrari stock zoomed higher after the Italian luxury automaker reported sales that topped expectations and guidance that surged past investor expectations.
Trump's 2.0 trade war is already 'fundamentally different' from 1.0
Feb 4, 2025, 10:53 AM
The hectic kick off to Donald Trump's tariffs in recent days is making one thing abundantly clear: This is very different from Trump 1.0.
Donald Trump tariffs: Opening salvos fired in trade war - what comes next?
Feb 4, 2025, 10:05 AM
Are we seeing the opening moves in a wider trade war, and what are the potential economic consequences?
Job openings hit lowest level since September
Feb 4, 2025, 10:38 AM
Job openings declined in December from the previous month, reflecting a cooling labor market.
Stock market today: Dow, S&P 500, Nasdaq recover as China hits back on tariffs, traders assess new jobs data
Feb 4, 2025, 10:35 AM
Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war.
Ken Griffin’s multistrategy hedge fund at Citadel rose 1.4% in volatile January
Feb 4, 2025, 9:33 AM
Citadel's multistrategy flagship Wellington fund climbed 1.4% in January, following a 15.1% gain in 2024.
Australia bans DeepSeek on government devices over security risk
Feb 4, 2025, 9:24 AM
The Australian government says the Chinese AI app is a threat to it and its assets.
Five ways China is hitting back against US tariffs
Feb 4, 2025, 8:40 AM
China has set out a series of measures to kick in next week after the US introduced 10% tariffs on imports from the country.
Warren Buffett's Berkshire Hathaway scoops up more Sirius XM, boosting stake to 35%
Feb 4, 2025, 8:36 AM
The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday.
Live: Trump in tariff tit-for-tat with China; duties on Canada, Mexico paused for one month
Feb 4, 2025, 8:02 AM
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
State Farm asks California to approve rate hikes after wildfires
Feb 4, 2025, 8:29 AM
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
Throwing a Super Bowl party? What this year's foods will cost
Feb 4, 2025, 8:00 AM
Consumers are going to have to become 'food fluent' given ongoing price fluctuation for Super Bowl favorites, according to experts at Wells Fargo Agri-Food Institute.
Coal and gas among US targets of China's retaliatory tariffs
Feb 4, 2025, 8:25 AM
Beijing is also adding new companies to its blacklist and says it will investigate Google.
Where Trump’s Trade Fight Could Go Next
Feb 4, 2025, 7:40 AM
New tariffs on Chinese imports are on, even as Canada and Mexico won a reprieve. Could the European Union be next? And how is the president defining victory?
HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump
Feb 4, 2025, 7:00 AM
Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.
Voters reject Trump's tariff push; most believe policy will hurt economy
Feb 4, 2025, 6:00 AM
President Donald Trump's tariff push is underway and a recent Fox News Poll shows that voters are skeptical of tariffs and a majority believe they will hurt the U.S. economy.
Why These Companies in Louisville, Ky., Fear Trump’s Tariffs
Feb 4, 2025, 5:02 AM
American companies intent on making goods in the United States are fretting over the impact of tariffs on their access to parts and raw materials.
Research scientists in remote locations need to get creative in order to follow their favorite teams, even when they don’t like the outcomes.
Stock market today: Dow, S&P 500, Nasdaq futures edge lower as China hits back on tariffs
Feb 4, 2025, 5:52 AM
Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war.
Newman: Trump is bringing the wrong kind of pain
Feb 3, 2025, 5:20 PM
Trump has warned voters that his tariffs will cause pain. It's the wrong cause to go to the mat for.
Palantir surges over 23% on outlook fueled by ‘untamed’ AI demand
Feb 3, 2025, 6:46 PM
(Bloomberg) -- Palantir Technologies Inc. shares jumped after giving a full-year revenue forecast that exceeded analysts’ estimates, thanks to what Chief Executive Officer Alex Karp described as “untamed organic growth” in demand for its artificial intelligence software.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityState Farm Seeks Emergency California Rate Hike After LA FiresWhen French Communists Went on a Brutalist Building BoomTrump Paves the W
Fed Official Pushes Back on Pre-emptive Policy Moves
Feb 4, 2025, 5:02 AM
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said the central bank needed to assess the “scope, magnitude and timing” of President Trump’s policies.
China responds with tariffs on US goods after Trump's tariffs on Chinese imports take effect
Feb 4, 2025, 4:50 AM
China imposed tariffs on some U.S. imports, which will begin Feb. 10, in response to new tariffs President Donald Trump put on Chinese goods beginning at midnight on Tuesday.
China's finance ministry announces tariffs to counter Trump trade moves
Feb 4, 2025, 12:28 AM
China's finance ministry on Tuesday announced a package of tariffs on a range of U.S. products in an immediate response to a 10% tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.
Stock market today: Dow, S&P 500, Nasdaq futures slump as Trump's China tariffs come into effect
Feb 4, 2025, 1:43 AM
US markets bounce back from a drastic shake-up as tariffs enter a 30-day delay.
Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Feb 4, 2025, 12:58 AM
UBS revealed plans for up to $3 billion of share repurchases over the course of 2025.
China Strikes Back After Trump Imposes 10% Tariff on Goods
Feb 4, 2025, 12:09 AM
After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.