European Union officials paused work on implementing their trade deal with the United States as they seek clarity after a pivotal Supreme Court ruling that struck down Mr. Trump’s sweeping tariffs, which had been used to reset trading relationships with the bloc. Mr. Trump moved quickly to replace those

It can feel odd that many homegrown apples cost more at the supermarket than imported bananas. Supermarkets now set margins across a mix of products rather than on each item, says Ali Capper, executive chair of British Apples & Pears, and that helps explain why shelf prices can become detached

Lamborghini shelved plans for the Lanzador late last year after consumer interest in high-priced EVs flattened to "close to zero," CEO Stephan Winkelmann said. He added that an EV's silent powertrain lacked the 'emotional connection' owners expect and that engine noise is often a

IBM shares fell 13% on Monday after Anthropic unveiled a new AI tool aimed at helping companies modernize COBOL systems used by many businesses. Anthropic highlighted the prevalence of the language, writing, "COBOL is everywhere. It handles an estimated 95% of ATM transactions in the US." "Hundreds

222, a startup that pairs strangers for in‑real‑life experiences, has raised more funding to build out its AI-driven relationship tools. After raising another $10.1 million in 2025 — bringing the startup's total to $13.7 million — it is doubling down on hiring and expanding its product.

Paramount Skydance, led by David Ellison, is pursuing Warner Bros. Discovery but retains some breathing room despite a looming deadline. Direct talks between Paramount and WBD have resumed for the first time in months after Netflix granted WBD a weeklong waiver on negotiation exclusivity. The waiver, which Netflix said aimed

ProShares’ record-breaking debut of its money market ETF last week underscored demand for cash-management products as the asset class increasingly is tokenized. The actively managed ProShares Genius Money Market ETF (IQMM), which primarily holds short-duration government securities, generated $17 billion in first-day trading volume on Thursday — an unprecedented figure for

DoorDash extended its pause on operations in New York City until 2 pm Eastern time on Monday as the city digs out from a major snowstorm. The company had previously said the pause would last until noon. New York City recorded 15 inches of snow after the blizzard, which also

The Supreme Court’s decision to overturn many of President Trump’s tariffs has injected fresh uncertainty into global trade, even as the administration insists its trade strategy will continue. Several C.E.O.s say many levies are likely to remain in place through other legal avenues, but the

A Federal Reserve governor said the Supreme Court’s decision striking down President Trump’s broad tariffs was unlikely to alter his view on interest-rate policy, and that he would support pausing cuts in March if the labor market continued to stabilize. Mr. Waller, speaking at an event hosted by

MicroStrategy’s stock has rebounded nearly 30% from its February 5 low and is trading near $131, yet it remains about 19% lower over the past month and more than 60% down over three months. That recovery is vulnerable to Bitcoin’s weakness and shifting investor sentiment, and faces pressure

Netflix co-CEO Ted Sarandos responded to President Trump's call to remove Susan Rice from the company's board, saying the proposed acquisition of Warner Bros. "This is a business deal. It's not a political deal," and noting the transaction is being overseen by

Qiddiya has taken full ownership of Evo, the long-running fighting game tournament. The move follows last year’s acquisition of Evo co-owner RTS, which had been sharing ownership with Indian esports organisation NODWIN after NODWIN relieved Sony of its co-ownership in September. In a blog post on Evo’s site,

When Halley Kate McGookin, a social media influencer with 1.6 million TikTok followers, posted after testifying in a New York City court, many commenters fixated on the matcha-colored polka-dot wrap blouse and cascade skirt she wore. The outfit is available from Vita Grace for $255, or it can be

When people think of the costs of climate change, disasters like floods and wildfires often come to mind. Everyday expenses — milk, eggs, your electricity bill — can be affected too. The short answer: probably, but it’s complicated. Extreme weather is already pushing up the cost of some goods, and the

After the Supreme Court struck down the legal basis for President Trump’s sweeping tariffs, the administration temporarily imposed 10 percent duties under Section 122 of the Trade Act and then raised the rate to 15 percent, the law’s maximum. Like the earlier “reciprocal” tariffs that were invalidated, the

A lawsuit that was set to expose the grind faced by junior bankers has been settled two days before jury selection. Kathryn Shiber reached a settlement with Centerview Partners after alleging she was unlawfully fired in 2020 when the firm granted her accommodations for a mood and anxiety disorder, including

Tencent-backed TiMi Montreal is shutting down less than five years after opening and without ever shipping a game. News of the closure began to trickle out on LinkedIn late last week, and one laid-off programmer wrote: "I am genuinely heartbroken that the public will never get to experience what

MergerLinks identified North America's top 20 M&A bankers for 2025, a group that helped drive a renewed burst of dealmaking. Together they negotiated transactions into the tens of billions and helped power a global rebound in M&A that lifted deal value about 50% year

A record number of the global rich are adopting new countries as their primary residence, citing political instability, tax rules, and quality of life. Andrew Rosener, who moved to Portugal with his family, says the country checked every box: safe, sunny, affordable and culturally appealing. He flew over in May

Hermès handbags have outperformed the S&P 500 in recent years, with the Mini Kelly II and the Birkin posting especially strong gains. A study by luxury platform FashioNica shows the Mini Kelly II returned more than 300% from 2022 through 2025, rising from $9,200 to $36,980,

Don't expect prices at the store to fall just because the Supreme Court struck down President Donald Trump's tariffs. At best, companies may slow the pace of future price hikes on goods that get tariff relief, but they're unlikely to cut prices outright, economists

BYD rose from a struggling battery maker to the world’s largest electric vehicle manufacturer, overtaking Tesla and expanding quickly in Europe and Latin America while eyeing Canada. Investors have cooled on that ascent: the company’s stock has fallen roughly 40 percent from its peak last May, and Chinese

Shoppers looking to stretch their paychecks continue to turn to Walmart, and the company said it expects to maintain the solid pace of sales growth it achieved last year. Executives issued a cautious profit forecast as an uncertain U.S. economy, trade tensions and a fragile job market weigh on

Anxiety about private credit has risen after Blue Owl Capital altered redemption rules for a prominent fund, amplifying worries over semi-liquid vehicles sold to retail investors. Those vehicles can "gate" withdrawals — a protection meant to shield funds in turmoil that can also deepen investor unease. Some have proposed