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List of companies laying off employees in August
An economist told Newsweek that President Trump's widespread tariffs have put sectors of the economy in a wait-and-see approach.
Trump Boosts Tariffs Across World, Reshaping Global Commerce
President Donald Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the world, forging ahead with his turbulent effort to reshape international commerce.
8 million student-loan borrowers on Biden's SAVE plan now face interest charges again after a yearlong pause
Interest charges for student-loan borrowers on Biden's SAVE plan will resume. The Trump administration recommends they switch to a new repayment plan.
Asia's factory activity worsens as US trade uncertainty bites
Asia's factory activity deteriorated in July as soft global demand and lingering uncertainty over U.S. tariffs weighed on business morale, private sector surveys showed on Friday, clouding the
Apple Growth Rebounds on Strength of iPhone 16 Line, China
Apple Inc. reported its fastest quarterly revenue growth in more than three years, easily topping Wall Street estimates, after demand picked up for the iPhone and products in China.
Trump Order Pushes Tariffs Start Date To August 7—Here Are The Rates Set For 67 Countries And EU
Despite promising no further extensions, President Trump’s tariff will go into effect a week later than his self-imposed August 1 deadline, adding further uncertainty.
Inflation rose around the U.S. in June amid tariff hikes
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
Apple’s earnings were good, but the initial stock move implies Wall Street is wary
Apple’s stock was up modestly despite a big beat, suggesting that concerns about AI and regulatory matters could limit upside.
Apple Expects $1.1 Billion Hit From Tariffs This Quarter, CEO Tim Cook Says
Key Takeaways Apple expects tariffs to cost the company $1.1 billion this quarter, CEO Tim Cook told investors on Thursday's earnings call.The iPhone maker said it absorbed $800 million in tariff
How Goldman is transforming its alumni network into the ultimate inner circle
From job referrals to exclusive dinners, Goldman's alumni network is getting a serious upgrade under Alison Mass.
Economy likely created 115,000 jobs in July as labor market loses momentum
The American job market is deteriorating -- ever so slowly. It’s not showing up as widespread layoffs. The unemployment rate is still low. It’s subtler than that: New college graduates are struggling
Trump Raises Tariffs on Canada to 35%, Keeps USMCA Exemption
President Donald Trump said the US will put a 35% tariff on some imports from Canada after trade negotiations between the two countries broke down.
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