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Browse category by Economy

Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets

Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets

September 30, 2025
President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets. Trump also said he would start charging a 30% tariff on upholstered furniture next week. He […]
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Former Fed chairs warn that removing Lisa Cook could lead to inflation boom

Former Fed chairs warn that removing Lisa Cook could lead to inflation boom

September 28, 2025
A group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme Court on Thursday in support of Fed governor Lisa Cook, who President Donald Trump is seeking to remove. The group, led former central bank chiefs Alan Greenspan, Ben Bernanke and Janet Yellen, said […]
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Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

September 27, 2025
SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 billion in civil penalties — the largest fine […]
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The charm of watching movies in theaters is fading

The charm of watching movies in theaters is fading

September 26, 2025
WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a theater, according to a new poll. About three-quarters of U.S. adults said they watched a new movie on streaming instead of in the theater at least once in the past year, […]
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Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

September 18, 2025
Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever. Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben Cohen — that he could […]
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