Your Pulse On America: Live And Unfiltered
People shop for clothes at a Calvin Klein store at a mall in Beijing on Feb. 5, 2025. Adek Berry | AFP | Getty Images China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s…
President Trump’s claim that China controls the Panama Canal has placed a Hong Kong tycoon and his conglomerate at the heart of a showdown between the United States and China. That sprawling company, CK Hutchison Holdings, is one of Hong Kong’s most valuable publicly listed firms and counts some of the world’s biggest investors as…
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29: Earnings per share: $3.41, adjusted,…
2024 Lincoln Nautilus Ford DETROIT — President Donald Trump‘s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion…
To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit. That deficit is the total value of what the United States imports from other nations, minus its exports to other countries. The fact that America runs a trade deficit reflects how the nation’s appetite for foreign goods…
President Trump’s proposal that the United States should take control of Gaza and turn it into the “Riviera of the Middle East” drew widespread criticism, including from allies. But it also underscored the expanse of his geopolitical and economic aims, especially after his comments about Greenland and Canada. What will serve as checks on his…
A United States Postal Service worker pushes a cart of packages in New York City, on Dec. 4, 2023. Brendan Mcdermid | Reuters The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts. The change is effective immediately and will remain “until further notice,” according to an…
The United States Postal Service announced Tuesday that it had temporarily stopped accepting packages from China and Hong Kong, hours after an order by President Trump took effect that ended duty-free handling of these parcels. The United States imports about 3 million parcels a day with almost no customs inspection and no duties collected —…
Sopa Images | Lightrocket | Getty Images Merck on Tuesday issued full-year 2025 revenue guidance that fell short of Wall Street’s expectations, as the company temporarily paused shipments of a key vaccine into China. Shares of Merck fell more than 7% in premarket trading Tuesday. The pharmaceutical giant anticipates 2025 sales of $64.1 billion to…
The trade fight with China is officially on, with Washington and Beijing exchanging blows that could raise prices on an array of goods. And President Trump has threatened to target the European Union next. But as Monday’s whirlwind of news, including last-minute reprieves for Canada and Mexico, showed, it’s hard to figure out what Trump…