With 145% tariffs looming, experts warn of a $325 billion blow to U.S. tech, soaring iPhone costs, and major supply chain turmoil across fashion and electronics.
The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.
China reached out its hand to Australia in the hopes of making an alliance against President Donald Trump's tariffs, but Australia refused to partner with Beijing.
General Motors said Thursday that it is temporarily laying off hundreds of workers at its all EV-plant in Detroit, Michigan, in response to market dynamics.
As U.S.-China trade tensions rise, experts warn Xi Jinping could cut rare earth exports or dump U.S. treasuries, threatening defense systems and economic stability.
The head of the Shenzhen Cross Border E-commerce Association, which represents 3,000 Amazon sellers, said some Chinese sellers are planning to hike their prices or leave the U.S. market.
Water bills are on the rise and it could cause more cash-strapped households to fall into "water debt," according to a recent report from the Bank of America Institute.