Commerce Secretary Lutnick doesn’t back down in face of market sell-off: ‘The tariffs are coming’

Commerce Secretary Lutnick doesn’t back down in face of market sell-off: ‘The tariffs are coming’

President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025.  Kevin Lamarque | Reuters The Trump administration will remain steadfast in its reciprocal tariffs on major U.S. trading partners even in the face…

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The biggest winners and losers in Europe as Trump announces sweeping tariffs

The biggest winners and losers in Europe as Trump announces sweeping tariffs

U.S. President Donald Trump stands, after delivering remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025.  Leah Millis | Reuters Global markets, businesses and long-standing geopolitical relationships were thrown into disarray on Thursday, the day after U.S. President Donald Trump announced his tariff policy — and Europe…

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Los Angeles turned a profit on its last Olympics, and city near ‘fiscal emergency’ has no margin for error in 2028

Los Angeles turned a profit on its last Olympics, and city near ‘fiscal emergency’ has no margin for error in 2028

Micah Maʻa, California Governor Gavin Newsom, Janet Evans, Chief Athlete Officer, LA28, Los Angeles Mayor Karen Bass, Delaney Schnell, and LA28 Chairperson and President Casey Wasserman appear as the Olympic Flag arrives to LA on August 12, 2024 in Los Angeles, California.  Emma Mcintyre | Getty Images Entertainment | Getty Images Los Angeles pulled off…

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U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80…

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Equal Pay Day highlights stalled pay gap progress: ‘Women are never, ever going to catch up,’ researcher says

Equal Pay Day highlights stalled pay gap progress: ‘Women are never, ever going to catch up,’ researcher says

Hinterhaus Productions | Digitalvision | Getty Images For decades, women have faced an uphill battle in the workplace. Even now, although women are achieving increasing levels of education and representation in senior leadership positions at work, there remains a stubborn pay gap and promotion gap. Equal Pay Day — which this year falls on March 25 — is a reminder…

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‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs

‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs

LONDON — President Donald Trump’s trade tariffs are a major concern among U.S. and international business leaders, with industry titans warning of trouble ahead. Speaking at CNBC’s CONVERGE LIVE in Singapore, Bridgewater founder Ray Dalio warned of “fighting” between countries over the duties. “Tariffs are going to cause fighting between countries … I’m not necessarily…

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