As the Biden administration's trade policies fade into memory, President Trump's recent decision to double tariffs on steel and aluminum imports has ignited fierce debate among economists, industry leaders, and policymakers. The move, announced in early May 2025 and implemented in June, escalates the existing 25%
Two months after the worst stock market crash since 2008, Wall Street is still picking through the wreckage. The April 2025 collapse wiped out trillions in market value within days, blindsiding millions of investors despite warning signs that had been flashing for months. Today, as markets finally show tentative signs
The transatlantic relationship between the European Union and the United States stands at a critical juncture as tensions over steel and aluminum tariffs threaten to spiral into a full-blown trade war. With the recent increase of U.S. steel tariffs from 25% to 50% announced by former President Donald Trump
In a move that has sent shockwaves through global markets and diplomatic channels, President Donald Trump announced yesterday the doubling of steel tariffs from 25% to 50%, effective immediately. The announcement, made during a rally in Pennsylvania—the heart of America's steel country—represents one of the most
As federal and state authorities prepare for a high-stakes regulatory showdown, energy giant Williams Companies has officially petitioned to resurrect its twice-rejected Northeast Supply Enhancement (NESE) pipeline project, potentially altering New York's energy landscape for decades to come. The May 29 filing with the Federal Energy Regulatory Commission
As Gap Inc. celebrates its fifth consecutive quarter of positive comparable sales, a shadow looms over the retail giant's future. The company's impressive first-quarter performance for fiscal 2025 has been eclipsed by concerns about newly implemented U.S. tariffs that threaten to erode between $250-300 million
In a dramatic escalation of a decades-long family business conflict, Market Basket's board of directors has placed CEO Arthur T. Demoulas on administrative leave, igniting concerns among employees and customers about the future of the beloved New England supermarket chain. The move comes amid allegations of financial misconduct
A nationwide outbreak of Salmonella Montevideo linked to contaminated cucumbers has claimed seven lives and sickened at least 28 people across 18 states, according to the latest reports from federal health officials. The contamination has been traced to Bedner Growers, Inc., a Florida-based agricultural operation, prompting an urgent recall and
In a dramatic showdown that has sent ripples through financial markets worldwide, Federal Reserve Chair Jerome Powell delivered an uncharacteristically blunt defense of the central bank's independence following a high-stakes meeting with President Donald Trump at the White House yesterday. The confrontation marks a significant escalation in tensions
As the summer housing season heats up, America's mortgage market finds itself in a precarious equilibrium that's reshaping homeownership patterns across the nation. After years of volatility, mortgage rates have settled into what industry insiders are calling a "new normal" – hovering persistently below but
A routine American Airlines flight from Hartford to Chicago transformed into a scene of chaos on May 27, 2025, when a passenger allegedly removed his shirt, began shouting for help, and became physically aggressive toward flight attendants. The incident, which forced an emergency landing and resulted in federal charges, represents
As the world races toward an AI-driven future, three companies have emerged as the architects of a new digital utility that promises to be as essential to the 21st century as electricity was to the 20th. With global spending on AI infrastructure projected to surpass $200 billion by 2028, NVIDIA,