Daily News Explorer
Trump trade war: How Japan shaped Trump's perspective on tariffs
Feb 7, 2025, 7:52 PM
As a young real estate developer in New York, Trump said a rising Japan was ripping off the US.
Bereaved families asked to return pension overpayments
Feb 7, 2025, 11:45 PM
A former pensions minister says the DWP does not make it clear to families the repayments are voluntary.
Trump and Musk Attack Journalists by Name in Social Media Posts
Feb 7, 2025, 7:44 PM
Since his inauguration, the president has been quick to demonize what he calls “the fake news media.” On Friday, both men demanded that individuals be fired.
Cheap China e-bikes 'kick in teeth' for UK firms
Feb 7, 2025, 5:00 PM
British makers of e-bikes are worried after the government scraps tariffs on Chinese e-bikes .
Accenture dropping corporate DEI policies
Feb 7, 2025, 3:55 PM
Accenture sent a memo to employees on Thursday announcing that it's ending its corporate DEI policies and diversity goals, becoming the latest company to do so.
Allstate says California wildfires to bring company $1.1 billion in losses
Feb 7, 2025, 2:52 PM
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.
Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary
Feb 7, 2025, 2:21 PM
Workers cite the work-life balance afforded by hybrid or fully remote jobs as the biggest benefit.
Ford expecting mounting EV losses this year
Feb 7, 2025, 1:28 PM
Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.
Egg surcharge hits diners' wallets: Experts say consumers should fear menu price hikes more
Feb 7, 2025, 1:32 PM
Surcharges are never welcomed by consumers, but restaurant industry experts argue they are better than overall menu increases, which don't always come down.
Trump delays tariffs on small packages from China
Feb 7, 2025, 1:45 PM
The order ending duty-free shipment of packages from China worth less than $800 had caused chaos.
Trump Says He Will Announce Reciprocal Tariffs Next Week
Feb 7, 2025, 1:24 PM
The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.
Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week
Feb 7, 2025, 5:53 PM
Investors took in Amazon earnings, with the all-important jobs report on deck.
Newman: Trumpers are souring on Elon Musk
Feb 7, 2025, 3:06 PM
Voters seem to be having second thoughts about Musk as his efficiency commission rampages through the federal bureaucracy.
Trump says he will announce reciprocal tariffs on many countries next week
Feb 7, 2025, 11:02 AM
WASHINGTON (Reuters) -President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the U.S.' favor. Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve U.S. budget problems. "I'll be announcing that, next week, reciprocal trade, so that we're treated evenly with other countries," Trump said.
Inflation fears rise to highest since Nov. 2023 as consumer sentiment hits 7-month low
Feb 7, 2025, 11:53 AM
The latest University of Michigan consumer sentiment survey showed more Americans are anxious about the inflation outlook.
Emily Sundberg’s business newsletter, Feed Me, has made her a rising Substack star.
Trump Lawsuits Against Media Gain Momentum
Feb 7, 2025, 11:10 AM
First Amendment experts say Mr. Trump’s lawsuits, based on an unproven legal theory, lack merit. But more could be on the way.
January jobs report: Unemployment rate falls to 4%, wages rise more than forecast as US labor market remains resilient to start 2025
Feb 7, 2025, 9:44 AM
The January jobs report comes as investors are closely watching for any clues about whether or not the Federal Reserve will cut interest rates in 2025.
Big Tech is a pawn in US-China trade war. Here's why some will feel the heat more than others.
Feb 7, 2025, 10:50 AM
Big Tech is the key piece of the US-China trade war. And some companies are going to feel the heat far more than others.
After DeepSeek Upended the Market, Is It Worth Investing in A.I.?
Feb 7, 2025, 9:00 AM
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology.
Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week
Feb 7, 2025, 5:53 PM
Investors took in Amazon earnings, with the all-important jobs report on deck.
Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week
Feb 7, 2025, 5:53 PM
Investors took in Amazon earnings, with the all-important jobs report on deck.
US job growth slows but unemployment stays low
Feb 7, 2025, 9:16 AM
Firms created 143,000 jobs last month, below analysts' forecasts, but December's figure was upgraded.
How to Pay Off Credit Card Debt
Feb 7, 2025, 9:00 AM
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.
US economy added 143K jobs in January, unemployment rate ticks lower
Feb 7, 2025, 8:32 AM
The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs last month, which was below economists' expectations.
Lumber, construction material prices could rise due to tariffs
Feb 7, 2025, 8:16 AM
The cost of lumber and other building materials could skyrocket if President Donald Trump follows through with looming tariffs against Mexico and Canada, home builders warn.
UK government demands access to Apple users' encrypted data
Feb 7, 2025, 7:35 AM
The Home Office served the notice to the tech giant under the Investigatory Powers Act.
Trump's tariffs on Mexico and Canada will increase prices for consumers; experts offer details
Feb 7, 2025, 6:00 AM
President Donald Trump's tariffs on Mexico and Canada could take effect next month, with consumers likely to see prices rise for several types of products if they move forward.
Amazon's revenue finally overtakes Walmart: Morning Brief
Feb 7, 2025, 6:01 AM
Nearly 10 years after surpassing Walmart in market cap, Amazon passes the retail giant in revenue.
Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week
Feb 7, 2025, 4:06 PM
Investors took in Amazon earnings, with the all-important jobs report on deck.
What are tariffs, how do they work and who pays for them?
Feb 7, 2025, 5:00 AM
President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.
Netflix raises subscription prices in the UK
Feb 7, 2025, 5:13 AM
Users will pay £2 a month more on the standard plan, Netflix's most popular subscription package.
Trump’s Executive Orders Leave Imprint on the Fed
Feb 7, 2025, 5:02 AM
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
What Privatization of Fannie Mae and Freddie Mac Means
Feb 7, 2025, 11:04 AM
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again.
Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick
Feb 7, 2025, 12:01 AM
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
Some on benefits are 'taking the mickey', says minister
Feb 7, 2025, 4:48 AM
The work and pensions minister says the welfare system needs reforming to encourage young people to work if they can.
Interest rate cut: Impact on credit cards, savings and mortgages
Feb 7, 2025, 4:48 AM
The BBC hears from borrowers and savers about how the cut in interest rates will affect them.
European markets mixed after reaching record high
Feb 7, 2025, 2:15 AM
European markets were little changed on Friday after hitting record highs in the previous session.
Amazon, echoing Microsoft, says it can’t keep up with AI demand
Feb 6, 2025, 6:17 PM
(Bloomberg) -- Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data centers, homegrown chips and other equipment to provide artificial intelligence services.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneTransportation Memos Favor Places With Higher Bir
Miliband refuses to say whether he personally backs Heathrow
Feb 7, 2025, 4:36 AM
Chancellor Rachel Reeves has announced the Labour government will support airport expansion plans.
House prices at new high ahead of stamp duty change, says Halifax
Feb 7, 2025, 3:31 AM
The UK's biggest mortgage lender says there remains "strong demand" for new loans.
RBI: India's central bank slashes rates after five years
Feb 7, 2025, 1:29 AM
The latest cut happens when India's GDP growth is seen slowing to a four-year-low of 6.7%.
Women accuse surviving brother of Al Fayed of sexual assaults
Feb 7, 2025, 1:01 AM
Three women who worked at Harrods say Ali Fayed assaulted them - he denies the claims.