The US trade deficit has fallen to its lowest level since 2009 as tariffs reshape trade
The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs, the latest data showed.
Business
China is exploring Meta's latest AI acquisition
Regulators said they will review whether the deal for Manus, a Singapore start-up with Chinese roots, complies with Chinese export and investment rules.
The minimum wage is rising in some states as workers struggle to meet basic costs
This year, for the first time, more Americans will earn a minimum wage of $15 per hour or higher than the federal minimum of $7.25… Read More »The minimum wage is rising in some states as workers struggle to meet basic costs
Oil companies say Venezuela owes them billions because of past investments
Companies like Exxon Mobil and ConocoPhillips say Venezuela owes them billions of dollars for seizing their assets 20 years ago.
Mamdani organizes an Influencer Summit, bypassing traditional media
A friendly summit at New York City Hall with digital content creators and social media stars symbolized the new mayor's attitude toward the changing news… Read More »Mamdani organizes an Influencer Summit, bypassing traditional media
Pittsburgh Post-Gazette announces it will cease operations
The family-owned company that operates the newspaper cited mounting losses and labor restrictions. A final edition is expected on Sunday, May 3.
Trump says he wants Congress to stop Wall St. from buying single-family homes
The president said he wanted Congress to stop big investors from buying the homes, which have driven up rents and created barriers to first-time buyers… Read More »Trump says he wants Congress to stop Wall St. from buying single-family homes
AI models start learning by asking themselves questions
Even the smartest Artificial intelligence models are essentially copycats. They learn by consuming examples of human work or by attempting to solve problems presented to… Read More »AI models start learning by asking themselves questions
The US will control oil sales in Venezuela 'indefinitely', the energy minister says
Chris Wright said the Trump administration was in “active dialogue” with the Venezuelan government about the plan.
Warner Bros. Board rejects Paramount's latest buyout offer
The board said the blockbuster deal it reached with Netflix last month carried less risk.
China's threat to block rare earths has put Japan on high alert
Tokyo is concerned about signs that Beijing may be laying the groundwork to restrict access to metals essential to production.
China touts Hainan, its duty-free island, amid a $1 trillion trade surplus
Policies aimed at luring importers to Hainan, a holiday island off the Chinese coast, indicate an opening, Beijing says. One expert calls it a “bait… Read More »China touts Hainan, its duty-free island, amid a $1 trillion trade surplus
Trump claims Venezuela will send oil to the US
It is unclear what Venezuela would get in return for the oil, which is worth somewhere between $1.8 billion and $3 billion at current market… Read More »Trump claims Venezuela will send oil to the US
Hilton cancels bookings for Minnesota hotel accused of turning away DHS agents
The hotel giant said it was taking “immediate action” against a Hampton Inn near Minneapolis after a video showed an employee refusing reservations from the… Read More »Hilton cancels bookings for Minnesota hotel accused of turning away DHS agents
Peter Zaffino, head of AIG, is stepping down in the latest management reshuffle
The announcement that Peter Zaffino would step down as CEO and become executive chairman in June sent the insurer's shares plummeting.
