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Category: Business

FDA Layoffs Could Raise Drug Costs and Erode Food Safety
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Business

FDA Layoffs Could Raise Drug Costs and Erode Food Safety

Muath Alsowadi3 April 2025
Trump cutbacks were supposedly aimed at administrators. But scientists in food and drug-testing labs and policy experts who advance generic drug approvals were also dismissed.
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China

Muath Alsowadi3 April 2025
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
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Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
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Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs

Muath Alsowadi3 April 2025
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.
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Capital One Deal for Discover Clears Justice Dept. Hurdle
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Business

Capital One Deal for Discover Clears Justice Dept. Hurdle

Muath Alsowadi3 April 2025
The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.
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More Penguins Than People: Trump Imposes Tariffs on Remote Islands
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More Penguins Than People: Trump Imposes Tariffs on Remote Islands

Muath Alsowadi3 April 2025
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
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Business

Overlooked No More: Katharine McCormick, Force Behind the Birth Control Pill

Muath Alsowadi3 April 2025
She used her wealth strategically to expand opportunities for women, underwriting the development of the pill and supporting the suffrage movement.
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Oil and metals prices fall on concerns about the global economy.
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Business

Oil and metals prices fall on concerns about the global economy.

Muath Alsowadi3 April 2025
The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.
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Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
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Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China

Muath Alsowadi3 April 2025
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.
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Russia’s Escape From Trump’s Tariffs Raises Questions
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Business

Russia’s Escape From Trump’s Tariffs Raises Questions

Muath Alsowadi3 April 2025
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.
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Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
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Business

Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy

Muath Alsowadi3 April 2025
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.
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Celebrity Broker Sues National Association of Realtors Over House Listings

Thought Markets Were Volatile in the First Half? Watch Out.

Amtrak to Begin Mardi Gras Service Route Connecting New Orleans to Alabama

Ford Foundation’s New Leader Says She’ll Work to Protect Democracy

Saks Is at a Crossroads, Facing Creditor and Vendor Unease

Despite Pressure From Trump, Powell Remains Patient on Rate Cuts

Poorest Americans Would Be Hurt By Trump’s Big Bill

What Does Trump’s New ‘Victory’ Perfume Line Smell Like?

What Are SNAP Benefits and What Might Change?

Paramount to Pay Trump $16 Million to Settle ‘60 Minutes’ Lawsuit

Is Paul Pierce the Greatest Athlete to Come Out of LA? Baron Davis Says So

Shai Gilgeous-Alexander Agrees to Massive 4-year Extension With Thunder

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