Spencer Soper | Bloomberg Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump. The orders for beach chairs, scooters, air conditioners and
Nathan Gomes | Reuters How many cars are fully American-made? Not many. Here’s what we know. President Trump hopes to encourage companies to build cars in the U.S. But are any cars fully American-made? Here is what we know now. CarMax KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump‘s latest tariffs
Kristen Osenga, chief policy counselor | Inventors Defense Alliance Tour of the assembly facility at the Hyundai Metaplant America Highlights from a media tour of the Hyundai Metaplant America in Bryan County, Ga. that included Stamping, Wielding, and General Assembly. American innovation is under attack. Across the country, it’s increasingly difficult for startups to protect
Angus MacKenzie | MotorTrend Jaguar, Land Rover are the latest to react to looming tariffs Jaguar and Land Rover have paused U.S. shipments in response, and U.S. preorders of the Nintendo Switch 2 have been delayed. Fox – LA Jaguar Land Rover (JLR) has stopped shipments to the U.S. for one month as it figures
Teen boys blackmailed using nude photos is on the rise: What to know Predators financially extort teens, mostly boys, by blackmailing them with nude photos. Here’s what you need to know about the cybercrime. A Georgia man admitted he was part of a five-person money laundering conspiracy that took at least $150,000 from sextortion victims,
Victoria Waldersee | Reuters Trump announces 25% tariffs on imported cars President Donald Trump announced a 25% tariff on imported vehicles and auto parts, effective April 3, aiming to boost domestic manufacturing. Cheddar Mercedes-Benz MBGn.DE is building up inventory levels in the U.S. at the wholesale level and at dealer lots to get ahead of tariffs due
More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again
Good morning! It’s Daniel de Visé with your Daily Money, more tariffs edition. Car prices saw a dramatic upswing in the aftermath of the pandemic, Bailey Schulz reports. Now, experts are warning consumers to prepare for additional price hikes spurred by a new tariff on auto imports. Starting April 2, President Donald Trump is set to impose a 25%
Joe Schulz | Wisconsin Public Radio Farm and construction equipment manufacturers started the year with high hopes for the economy, bolstered by President Donald Trump’s campaign promises to cut taxes on domestic producers and slash government regulations. But that optimism has given way to fears of a possible recession, sparked by Trump’s international trade war,
Tour of 171 Marsh St., Belmont, former home of Gov. Mitt Romney Tour of 171 Marsh St., Belmont, former home of 2012 presidential candidate and Massachusetts’s 70th governor, Mitt Romney. Joanna K. Tzouvelis, wickedlocal.com The median price for a single-family home in Massachusetts rose to $575,000 in February, a 4.9% increase from the previous year.