Browsing: Business
Stellantis Chair John Elkann met with former President Donald Trump and key U.S. officials in Washington to discuss automotive industry priorities, trade, and investment strategies, Reuters reports.
Concerns over the Trump administration’s policies have led to a noticeable decline in international tourists canceling U.S. travel plans. Experts warn this trend may impact the tourism industry and broader economy.
Former President Donald Trump plans to prioritize business deals over geopolitical issues during his upcoming visit to the Middle East, signaling a shift from traditional diplomatic focus, The Washington Post reports.
Trump’s tariffs spark fears of escalating trade wars, a potential recession, and soaring prices, with the cost of an iPhone projected to hit $2,300, Reuters reports, highlighting widespread economic concerns.
Elon Musk’s extensive business ties in China, including Tesla’s operations, raise concerns about conflicts of interest as he takes on roles tied to U.S. national security, complicating the intersection of commerce and government oversight.
Investors are steering clear of the U.S. dollar and Treasurys amid escalating fears over President Trump’s trade war. The uncertainty is driving market volatility as global tensions rise.
The White House eased tariffs on Chinese goods following warnings they were harming “Trump’s people,” reflecting concerns over economic fallout amid ongoing trade tensions, The Washington Post reports.
Switzerland ramps up financial preparations ahead of a key tariff deadline in Washington, signaling readiness to counter potential trade tensions, Reuters reports. The move underscores Switzerland’s strategic economic positioning.
Even as pope, Leo XIV could face U.S. tax scrutiny. Legal experts say his financial ties to the U.S. might require filing tax returns, highlighting complex overlaps between Vatican duties and American tax laws.
Australia has ruled out retaliating against US steel tariffs imposed by the Trump administration, opting instead for diplomatic engagement, Reuters reports. The move aims to maintain strong bilateral trade relations.
Tariffs on key imports are impacting Washington state’s economy, affecting industries from agriculture to manufacturing. Local businesses face rising costs, prompting concerns about long-term growth and job stability.
Proposed cuts to USAID risk slashing billions in aid that support U.S. farms and businesses abroad, jeopardizing economic ties and global market access, The Washington Post reports.
Scammers posing as state agency officials are targeting Washington businesses, demanding payments and sensitive information. Authorities warn owners to verify contacts and report suspicious calls to prevent fraud.
According to LendingTree, nearly 20% of businesses fail within their first year. Experts emphasize strategic planning, financial management, and market research as key measures to significantly boost success rates.
Exclusive: The US and Russia are reportedly in talks to restore Russian gas supplies to Europe, seeking solutions amid energy tensions. Sources say discussions aim to ease Europe’s energy crisis.
Jeff Bezos has sold one of his Seattle mansions for $63 million. The tech billionaire’s real estate portfolio includes multiple lavish US properties, showcasing his taste for luxury and prime locations.
News publishers took center stage at Google’s latest monopoly trial, spotlighting concerns over the tech giant’s control of online news distribution and its impact on the media industry, reports The Washington Post.
A new Washington influence industry is profiting millions by navigating and exploiting sanctions, reshaping power dynamics in global policy. The Washington Post uncovers the key players behind this lucrative sector.
A small business owner invested his life savings in eco-friendly paper straws, but rising political tensions and potential policy shifts under Trump threaten to devastate his company.
A secret Navy museum located on an active military base offers a rare glimpse into naval history, but visitors must be officially escorted at all times due to security protocols. Access remains tightly controlled.