Sweeping tariffs imposed by President Trump threatened economic upheaval for consumers and businesses in the United States on Tuesday as the country’s biggest trading partners struck back on Tuesday, raising fears of a burgeoning trade war. Canada and China swiftly condemned the U.S. tariffs and announced retaliatory tariffs against AmericanContinue Reading
The sweeping tariffs on Canadian, Mexican and Chinese products that President Trump imposed on Tuesday could strain the system that collects import duties and the government agencies that enforce those fees, trade and legal experts said. Collecting import duties is usually a routine task, but the new tariffs are beingContinue Reading
An investment group led by BlackRock, a giant American asset manager, has agreed to buy two ports in Panama that are owned by a Hong Kong company and that have become the subject of tensions between Panama and the Trump administration. BlackRock will buy the ports, which sit at eitherContinue Reading
The crypto market gives and takes: After President Trump’s plan for a national crypto reserve drew backlash from both Republicans and investors, the prices of digital tokens that would be involved soared higher — and then tumbled. (Bitcoin was trading at about $83,800 early on Tuesday, down nearly $10,000 fromContinue Reading
Stocks fell sharply on Monday afternoon after President Trump affirmed tariffs on imports from Canada and Mexico, dashing investors’ hopes of a last-minute reprieve and intensifying concern that the sweeping tariffs could hit corporate profits and fuel inflation. The S&P 500 fell 1.8 percent, the index’s biggest daily drop thisContinue Reading
Sophie Rain, an emerging sensation in the world of digital entertainment, has captivated audiences with her unique charm, creativity, and versatility. Known for her dynamic presence in both fashion and entertainment, Sophie has become a beloved influencer and performer. Her viral Spider-Man video, which has set social media ablaze, isContinue Reading
Global stock markets and shares in European carmakers tumbled on Tuesday as President Trump’s broad tariffs against Canada, Mexico and China came into effect. European stocks slumped as investors weighed the prospects of a global trade war after China and Canada quickly retaliated with tariffs of their own. U.S. futuresContinue Reading
Target had a tough 2024: Its stock price declined, it struggled to deliver consistent sales growth, and it faced lawsuits related to its diversity, equity and inclusion practices and then calls for boycotts when it abandoned them. On Tuesday, the retailer tried to offer Wall Street some optimism for theContinue Reading
Comments from a member of President Trump’s cabinet over the weekend have renewed concerns that the new administration could seek to interfere with federal statistics — especially if they start to show that the economy is slipping into a recession. In an interview on Fox News on Sunday, Howard Lutnick,Continue Reading
Life can be tough sometimes—whether it’s the daily grind, personal challenges, or just dealing with the occasional Monday blues. And when you’re in the middle of those moments, all you really need is a good laugh. That’s where funny memes come in. From the timeless “life struggle” memes to theContinue Reading
Minutes after President Trump’s latest tariffs took effect, the Chinese government said on Tuesday that it was imposing its own broad tariffs on food imported from the United States and would essentially halt sales to 15 American companies. China’s Ministry of Finance put tariffs of 15 percent on imports ofContinue Reading
President Trump’s rancorous threat to abandon Ukraine is stoking support for a long-debated proposal to use billions of dollars in frozen Russian assets to buy weapons for Ukraine and finance its reconstruction. The money — roughly $300 billion owned by Russia’s central bank — was frozen by the United States,Continue Reading
Sweeping tariffs on imports from Canada, Mexico and China went into effect just after midnight on Tuesday, raising U.S. tariffs to levels not seen in decades and rattling foreign governments and businesses that depend on international trade. As of 12:01 a.m. Tuesday, the Trump administration added a 25 percent tariffContinue Reading
Nobody knows exactly how long ago a marbled and tender boneless short-loin steak came to be known across the United States as a New York strip. Everybody agrees, though, that the nomenclature wasn’t the least bit controversial until last Friday, when Lt. Gov. Dan Patrick of Texas proposed a newContinue Reading
The Academy Awards drew 18 million viewers on Sunday, ABC said, citing Nielsen data. That is an 8 percent drop from the 19.5 million who watched last year. The audience decline ends a three-year streak when Oscar ratings had been on the rise. The decline follows a trend among otherContinue Reading
When Jennifer Trebb first pulled into her driveway two years ago with her sleek Tesla Model Y, it was — as she put it — “kind of like a ‘Back to the Future’ moment.” She was helping the environment, she said, but driving a Tesla also had cachet. “It wasContinue Reading
“Our American automakers, who invested billions in the U.S. to meet these requirements, should not have their competitiveness undermined by tariffs that will raise the cost of building vehicles in the United States and stymie investment in the American work force,” said Matt Blunt, the president of the American AutomotiveContinue Reading
On Sunday evening, as well-heeled guests trickled out of a screening of “Becoming Katharine Graham,” a documentary on the fabled former Washington Post publisher, they couldn’t help but remark on how much has changed at the paper, and in Washington. Under Ms. Graham, from 1963 to 1991, the publication transformedContinue Reading
The artificial intelligence start-up Anthropic said on Monday that it had completed a new fund-raising deal that valued the company at $61.5 billion, up from about $16 billion a little more than a year ago. Led by the venture capital firm Lightspeed Venture Partners, the new round will pump anContinue Reading
Taiwan Semiconductor Manufacturing Co., the world’s largest chip manufacturer, intends to spend $100 billion in the United States over the next four years to expand its production capacity and bring its most advanced semiconductor processes to its operations in Arizona. C.C. Wei, TSMC’s chief executive, is expected to unveil theContinue Reading
President Trump campaigned on a promise to bring down interest rates. And he has fulfilled that pledge in one key way, with U.S. government bond yields falling sharply. But the reason for the drop is an unnerving one: Investors appear to be more on edge about the outlook for theContinue Reading
Tony Doris said he never shied away from controversy during his lengthy career at The Palm Beach Post, a Pulitzer Prize-winning newspaper in the backyard of President Trump’s Mar-a-Lago resort. Mr. Doris, 67, investigated local government, digging into city affairs in West Palm Beach, Fla., over two decades at theContinue Reading
The consequences of a crypto reserve Cryptocurrencies are again riding high, after President Trump announced that he would create a national crypto reserve with five tokens, including three lesser-known and highly volatile ones. It’s the latest boost that Trump has given the crypto industry, which spent some $130 million backingContinue Reading
Nissan Motor has had a bumpy ride over the last several months. In February, it reported a plunge in profit and cut its outlook for the third time in the past 12 months as it faces declining sales. Merger talks with Honda collapsed and the company is scrambling to slashContinue Reading
When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. CanadaContinue Reading
Khalil Fong, a Hong Kong singer-songwriter who infused a soul and R&B sensibility into Chinese pop songs, died on Feb. 21. He was 41. His death was announced on Saturday by his record label, Fu Music. The announcement did not say where Mr. Fong had died or specify a causeContinue Reading
When the cease-fire agreement between Israel and Hamas was announced in January, Israelis and Palestinians burst into simultaneous celebrations, optimistic after 15 months of war. Now, with the first phase of the deal over on Sunday and Israel introducing an entirely new proposal that Hamas has already rejected, concern isContinue Reading
When Son Jun-ho, a key midfielder for South Korea’s World Cup soccer team, signed with a Chinese club, he was an indication of China’s ambition to dominate the world’s most popular sport. But after Chinese police officers detained him two years later, accusing him of bribery and match-fixing, he becameContinue Reading
The Trump administration’s decision to withdraw foreign aid and dismantle the U.S. Agency for International Development is likely to cause enormous human suffering, according to estimates by the agency itself. Among them: up to 18 million additional cases of malaria per year, and as many as 166,000 additional deaths; 200,000Continue Reading
Oscars 2025: Follow live updates on the 97th Academy Awards. The streets of Rio de Janeiro have been littered with Fernanda Torres imitators. They drink beer, clutch plastic Oscars and deliver the impromptu acceptance speeches that they hope their idol, the Brazilian actress Fernanda Torres, will give on Sunday nightContinue Reading
Its soldiers are underpaid and underarmed. Its ranks are riddled with factions pursuing their own interests. And successive presidents are said to have kept it weak for fear of a coup. The Democratic Republic of Congo’s army has appeared too weak and dysfunctional to stop a militia that has sweptContinue Reading
Voice of America, the federally funded broadcaster to the world, has long prided itself on serving as an accurate and fair source of news and on being independent of whichever president and party are in power in the United States. Since the election of President Trump, that independence is increasinglyContinue Reading
Tony Doris said he never shied away from controversy during his lengthy career at The Palm Beach Post, a Pulitzer Prize-winning newspaper in the backyard of President Trump’s Mar-a-Lago resort. Mr. Doris, 67, investigated local government, digging into city affairs in West Palm Beach, Fla., over two decades at theContinue Reading
European leaders raced on Sunday to salvage Ukraine’s ruptured relationship with the United States, with Britain and France assembling a “coalition of the willing” to develop a plan for ending Ukraine’s war with Russia. They hope this effort will win the backing of a skeptical President Trump. Gathering in LondonContinue Reading
“They have very good rare earth” Ukraine has finally struck a deal to share revenue from mineral sources with the United States, following weeks of sometimes tense negotiations punctuated by insults and threats by President Trump. What Trump proclaimed as a “very big deal” is indeed noteworthy — both inContinue Reading
On Saturday morning in Culver City, Calif., Marie Hernandes finally found her eggs. A friend had asked for a vanilla birthday cake, so all week after work, she’d visited multiple stores — Ralphs, Target, Walmart — only to find the eggs sold out. Finally, an early-morning run to Costco landedContinue Reading
In 2010, a woman in Sakura, Japan, posted photos of her well-manicured Shiba Inu to her digital journal. The dog, Kabosu, shot her owner a wide-eyed glance, a comic image that quickly jumped from Tumblr to Twitter to Facebook and to the rest of the internet. A meme legend wasContinue Reading
The geography behind a plan to ship natural gas from the North Slope of Alaska to Asia makes good sense. Alaska has vast stores of gas and is just a little over a week at sea from Asia, which has some of the world’s biggest importers of liquefied natural gas.Continue Reading
Starbucks is “reclaiming the ‘third place.’” That’s what its chief executive, Brian Niccol, proclaimed in an October earnings call, after the coffee giant suffered a slide in sales and store traffic. He was echoing a statement he had made when he started the job in September — that he wantedContinue Reading
Here’s a pop quiz for married couples. Do you know your spouse’s salary? What about the balance of your partner’s 401(k) — and credit card? Bonus points if you can cite how much your husband or wife thinks you need to live comfortably in retirement, or even what age heContinue Reading
Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together. Steve Olive was my white whale. I had been trying for two years to write a profile of Mr. Olive, the co-founder of Event Carpet Pros, the California-based company responsibleContinue Reading
Rising prices hit a trade war President Trump isn’t backing off his tariff threats, despite the potential risk to the U.S. economy and financial markets. That puts additional focus on the latest Personal Consumption Expenditures report, the Fed’s favored inflation measure. It’s due for release at 8:30 a.m. Eastern. TheContinue Reading
President Trump has issued an unremitting stream of tariff threats in his first month in office, accompanied by nearly as many reasons for why they should go into effect. Tariffs on Canada, Mexico and China are a cudgel to force those countries, America’s largest trading partners, to crack down onContinue Reading
The moon will be a busy place this year. There are three robotic spacecraft in space right now that are aiming to set down on the moon’s surface. The first of those to arrive — the Blue Ghost lunar lander, built by Firefly Aerospace of Austin, Texas — will attemptContinue Reading
Shari Redstone, the controlling shareholder of the entertainment giant Paramount, delivered a crucial message to her board a few weeks ago. For months, Paramount’s lawyers had been jousting with representatives for President Trump, who had sued the company’s CBS News network over its segment on former Vice President Kamala Harris.Continue Reading
With the government seemingly stepping back from regulatory duties, consumers may have to act as their own financial watchdogs. The Consumer Financial Protection Bureau, the independent federal agency created after the 2008 financial crisis to shield people from fraud and abuse by lenders and financial firms, has been muzzled, atContinue Reading
President Trump on Saturday initiated an investigation into whether imports of lumber threaten America’s national security, a step that is likely to further inflame relations with Canada, the largest exporter of wood to the United States. The president directed his commerce secretary, Howard Lutnick, to carry out the investigation. TheContinue Reading
Getting inflation under control since the worst surge in decades has been a bumpy process in recent months. New data on Friday showed a little progress, but also an unexpected pullback in consumer spending, complicating the path forward for the Federal Reserve as it debates when to restart interest rateContinue Reading
A year ago, France embarked on an ambitious goal: To craft the world’s widest ranging ban on the use of harmful “forever chemicals” in everyday products. On Friday, that effort culminated in a national ban on PFAS that environmental and health experts hailed as a big step forward, with oneContinue Reading
Politics could also prove problematic. Most of the movies that Hollywood is poised to celebrate represent a cultural paradigm that was shattered by the presidential election. “Emilia Pérez,” a musical exploration of trans identity, has 13 nominations, the most of any film. In one way or another, “The Brutalist” (10Continue Reading
