DOGE should 'definitely' look at Federal Reserve costs, Elon Musk says
Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its...
Economy
Chinese TikTok users mock tariffs, telling people to buy brands like Nike direct
Videos posted by Chinese TikTok users that suggest people should purchase fashion items direct from factories in China have surfaced...
China beat growth expectations in first quarter of 2025, but US tariffs dim outlook
China beat first-quarter economic growth expectations, but the outlook for the remainder of 2025 remains dim as Beijing braces for...
Hong Kong to suspend parcel shipments to US over Trump’s ‘bullying’ tariffs
Hongkong Post, Hong Kong's government department for postal services, announced Wednesday they will "not collect any so-called tariffs on behalf...
Trump's tariffs are putting consumers and businesses in a bind, tech association warns
President Donald Trump's tariffs have created uncertainty over trade policy and chilled business decisions by companies in the consumer technology industry....
China tariffs mean 'Christmas is at risk,' toy industry CEO says
A toy industry CEO is sounding the alarm about what impact tariffs on China could have on Christmas in the...
Japan braces for high-stakes trade talks with Washington
President Donald Trump, Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer are expected to negotiate a historic deal...
Retail sales surged in March led by autos as consumers looked to beat tariffs
U.S. retail sales rose more than expected in March as consumers frontloaded big-ticket purchases to get ahead of anticipated tariff-induced price...
About 20K IRS workers are weighing buyout offers
Roughly 20,000 workers at the Internal Revenue Service (IRS) have expressed interest in the most recent buyout offer from the Trump...
Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell on Wednesday said that the central bank could face a "challenging scenario" as it contends...
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