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Who’s Getting a Tariff Refund?
new video loaded: Who’s Getting a Tariff Refund?Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains,...
Trump threatens UK PM Starmer with ‘big tariff’ over tech tax: report
President Donald Trump said he would impose tariffs on Britain if Prime Minister Keir Starmer does not drop the digital service tax, The Telegraph reported on Friday, citing an interview with the president. Trump told The Telegraph he would “put a big...
As US soldier is charged for alleged Maduro bets, SEC conducts strikingly low-key probe of futures and prediction markets
Federal prosecutors in Manhattan late Thursday announced stunning charges against an Army officer who allegedly traded on classified info involving the US military operation to capture former Venezuelan strong man Nicolás Maduro – netting $400,000. Meanwhile,...
Nike chopping over 1,000 jobs as struggling sneaker giant tries to rebound from sales slump
Nike said Thursday it is laying off about 1,400 global operations employees in an effort to streamline workflows as the struggling sportswear company fights through a years-long sales slump. In a memo to employees on Thursday, Chief Operating Officer Venkatesh...
With jaw-dropping $1 trillion valuation, Anthropic overtakes OpenAI in market cap race
Buyers scooping up coveted Anthropic shares have vaulted the AI giant’s valuation on some trading platforms to $1 trillion – eclipsing OpenAI’s market capitalization by over $100 billion in a sea change in the AI race. The investor scramble has ratcheted up in...
Ken Griffin’s Citadel claps back at Mamdani’s viral ‘penthouse’ video –threatens to scrap $6B NYC development
Billionaire Ken Griffin is fuming after Mayor Zohran Mamdani spotlighted his Manhattan penthouse in a viral video announcing a new pied-à-terre tax – and the hedge fund titan signaled he might even yank a $6 billion development project in the city. In a video...
Meta to ax 8,000 jobs as Zuckerberg doubles down on AI and white-collar bloodbath picks up
Mark Zuckerberg-led Meta has confirmed it plans to slash about 8,000 jobs — roughly 10% of its workforce — informing employees of the sweeping cuts on Thursday. The Facebook parent disclosed the layoffs in a staff memo, signaling that the company is moving...
How to check if you’re eligible for Capital One’s $425M settlement payments
Millions of current and former Capital One customers should soon start receiving payments from the bank’s $425 million settlement — and it takes just a few steps to check if you’re eligible. Capital One has agreed to pay the nearly half a billion dollar sum to...
Amazon stripping hundreds of employees’ job titles — and new buzzword is rattling workforce
During Amazon’s annual review season now under way, hundreds of employees will see their job titles stripped. The company is not punishing underperformers. Rather, in a test, it is tossing out traditional titles for white-collar workers in charge of product at...
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