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Trump Says He’s Ready to Impose Tariffs on $500 Billion in Chinese Imports

Trump Says He’s Ready to Impose Tariffs on $500 Billion in Chinese Imports

President Donald Trump reiterated his threat to put a tariff on every dollar of China’s roughly $500 billion in exports to the U.S.

Published 4 weeks ago

GE's Profit Falls as Power Division Remains a Drag

GE's Profit Falls as Power Division Remains a Drag

General Electric’s second-quarter profit dropped 30% as the company’s power division continued to offset growth in other major units.

Published 4 weeks ago

The Winners and Losers From the New ‘Kiddie Tax’

The Winners and Losers From the New ‘Kiddie Tax’

Last year’s tax overhaul made an important change to the rates for so-called Kiddie Tax, subjecting a child’s unearned taxable income to trust tax rates rather than their parents’ rates. Tax Report columnist Laura Saunders breaks it down.

Published 4 weeks ago

Legal Challenges Leave Sanctuary Immigration Policies in Limbo

Legal Challenges Leave Sanctuary Immigration Policies in Limbo

Legal challenges to Attorney General Sessions’ crackdown on “sanctuary” practices have left policies in an uneven state, with both sides claiming victory.

Published 4 weeks ago

Comcast Drops Bid for Fox Assets, Will Focus on Pursuit of Sky

Comcast Drops Bid for Fox Assets, Will Focus on Pursuit of Sky

Comcast said it was dropping its pursuit for most of 21st Century Fox, ending a bidding war with Walt Disney, but said it would continue its pursuit of European pay-TV giant Sky PLC.

Published 4 weeks ago

What’s Your Ideal Caffeine Fix? An Algorithm Can Tell You.

What’s Your Ideal Caffeine Fix? An Algorithm Can Tell You.

U.S. Army researchers developed an algorithm to determine the ideal amount of caffeine a soldier should consume, and when, to remain alert—and it’s less than you might expect.

Published 4 weeks ago

State Street Agrees to Buy Charles River Systems for $2.6 Billion

State Street Agrees to Buy Charles River Systems for $2.6 Billion

State Street agreed to buy financial-data firm Charles River Systems for $2.6 billion in cash to deliver more data and analytic tools to its asset-management clients.

Published 4 weeks ago

Trump ‘ready’ to impose tariffs on $505bn of Chinese goods

Trump ‘ready’ to impose tariffs on $505bn of Chinese goods

European stock markets fall in reaction to trade comments by US president

Published 1 second ago

Banking: the ultimate meritocracy?

Banking: the ultimate meritocracy?

The worst — and best — thing about the industry is that it reduces humans to numbers

Published 1 second ago

Theresa May calls on EU to ‘evolve’ Brexit position on Irish border issue

Theresa May calls on EU to ‘evolve’ Brexit position on Irish border issue

Negotiators must find workable solution and not ‘fall back’ on prior positions

Published 1 second ago

North Korea Economy Contracts as Sanctions Bite, South Officials Say

North Korea Economy Contracts as Sanctions Bite, South Officials Say

North Korea’s economy is estimated to have contracted the most in two decades last year, data from South Korea’s central bank showed, in a sign that its regime is feeling the pinch from stricter international sanctions.

Published 4 weeks ago

EU’s champion idealist stands firm in fight against autocracy

EU’s champion idealist stands firm in fight against autocracy

Frans Timmermans points to greater dangers within the bloc than Trump’s hostility

Published 1 second ago