President Donald Trump said Friday that he had terminated trade discussions with Canada, citing an incoming Canadian tax on tech companies including those based in the U.S.In a post on Truth Social, Trump referred to Canada as “a very difficult country to trade with” and said that its levy on tech firms — the first payment for which is due Monday — “is a direct and blatant attack on our Country.””Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, eff
Category Archives: business
S&P 500 returns to all-time high — rebounding from lows during Trump’s tariff rollout
The S&P 500 closed Friday at a new record high — rebounding to just a few points above its level around the start of President Donald Trump’s second term
Microsoft says goodbye to the Windows blue screen of death
It’s a bittersweet day for Windows users
Child tax credit could get a sizable increase in GOP bill, but millions won’t qualify
Both the House and Senate versions of the budget reconciliation bill include an increase to the child tax credit, but the House’s version gives a larger payout to families
Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros
Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act
Trump’s war against the Powell Fed has taken another political turn
Federal Reserve Chair Jerome Powell mostly breezed through two hearings on Capitol Hill this week but now heads into a much bigger challenge: a potential threat that President Donald Trump could undermine his authority by soon naming his pick to head the central bank next year
Beauty company promotes ethical sourcing in cosmetic industry
S’ABLE Labs CEO and co-founder Sabrina Elba and World Vision partnered on a trip to Tamale, Ghana, to look at the role child labor plays in the sourcing of cosmetic ingredients. The beauty company hopes to honor rural people and source ingredients responsibly.
American Vogue to hire new head of editorial, role held by Anna Wintour for 40 years
American Vogue is set to hire a new head of editorial content, a function held by Anna Wintour for decades
Trump administration moves to count crypto as a federal mortgage asset
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments
July 4 Backyard BBQ Party Prices: What to Know Before You Shop
As Americans prepare to celebrate the Fourth of July, NBC’s Vicky Nguyen joins TODAY with a breakdown of what your backyard barbecue will cost this year from burgers and baked goods to grills and more — as well as the places offering the best deals.