News - 2025-02-07

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As a young real estate developer in New York, Trump said a rising Japan was ripping off the US.

A former pensions minister says the DWP does not make it clear to families the repayments are voluntary.

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.

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British makers of e-bikes are worried after the government scraps tariffs on Chinese e-bikes .

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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 said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.

Workers cite the work-life balance afforded by hybrid or fully remote jobs as the biggest benefit.

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.

Surcharges are never welcomed by consumers, but restaurant industry experts argue they are better than overall menu increases, which don't always come down.

The order ending duty-free shipment of packages from China worth less than $800 had caused chaos.

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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.

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Investors took in Amazon earnings, with the all-important jobs report on deck.

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Voters seem to be having second thoughts about Musk as his efficiency commission rampages through the federal bureaucracy.

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.

The latest University of Michigan consumer sentiment survey showed more Americans are anxious about the inflation outlook.

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Emily Sundberg’s business newsletter, Feed Me, has made her a rising Substack star.

First Amendment experts say Mr. Trump’s lawsuits, based on an unproven legal theory, lack merit. But more could be on the way.

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 the key piece of the US-China trade war. And some companies are going to feel the heat far more than others.

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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.

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Investors took in Amazon earnings, with the all-important jobs report on deck.

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Investors took in Amazon earnings, with the all-important jobs report on deck.

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Firms created 143,000 jobs last month, below analysts' forecasts, but December's figure was upgraded.

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.

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.

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.

The Home Office served the notice to the tech giant under the Investigatory Powers Act.

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.

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Nearly 10 years after surpassing Walmart in market cap, Amazon passes the retail giant in revenue.

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Investors took in Amazon earnings, with the all-important jobs report on deck.

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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.

Users will pay £2 a month more on the standard plan, Netflix's most popular subscription package.

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

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.

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.

The work and pensions minister says the welfare system needs reforming to encourage young people to work if they can.

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The BBC hears from borrowers and savers about how the cut in interest rates will affect them.

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European markets were little changed on Friday after hitting record highs in the previous session.

(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

Chancellor Rachel Reeves has announced the Labour government will support airport expansion plans.

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The UK's biggest mortgage lender says there remains "strong demand" for new loans.

The latest cut happens when India's GDP growth is seen slowing to a four-year-low of 6.7%.

Three women who worked at Harrods say Ali Fayed assaulted them - he denies the claims.