Business

President Donald Trump has no existing plans to speak with Chinese President Xi Jinping regarding the ongoing trade war, a top White House official said Sunday.U.S. Trade Representative Jamieson Greer made the statement during an appearance on CBS' "Face the Nation" on Sunday."Is the Trump administration opening any kind of channel to Beijing right now? Are there any plans for Presidents Trump and Xi to speak?" CBS host Margaret Brennan […]

Nearly 300 Delta Air Lines passengers experienced a night of chaos and delays last week after poor weather forced two international flights to divert to a regional airport without customs – forcing the passengers to spend the night in their planes on the tarmac.The two Delta flights, which departed from Mexico for Hartsfield-Jackson Atlanta International Airport last Thursday, did not reach their destination until the following day, according to the […]

Chinese President Xi Jinping will embark on a week-long trip to shore up ties with regional trade partners on Monday, China's foreign ministry says.Xi will visit Cambodia, Vietnam and Malaysia, seeking to stabilize China's trade ties following President Donald Trump's massive tariff hike. Chinese Commerce Minister Wang Wentao argued this weekend that Trump's tariffs "inflict serious harm on developing countries."Vietnam imported over $161 billion worth of Chinese goods in 2024, and […]

Most people around the world either need or want to buy a car. But when it comes to choosing the model, American vehicles get short shrift. In other words, people outside the U.S. seem to shun buying U.S. vehicles. Instead, they’d rather buy their homegrown version.Consider these car sales figures. In 2024, the U.S. imported 757,564 new vehicles made in the European Union, whereas the EU imported only 169,152 from […]

Claire Danes has officially bid farewell to her home in Manhattan's West Village.The "Homeland" actress sold her New York City home for $9.9 million, in partnership with listing agent Tamer Howard of the Corcoran Group.According to Mansion Global, Danes and her husband, Hugh Dancy, purchased the home in 2012 for $6.8 million. The home first arrived on the market in August 2024, with the deal closing in late March 2025.Originally […]

American consumers are noticing a new line on their shopping receipts — a tariff surcharge. Even with President Donald Trump’s 90-day pause on tariffs, companies and customers are feeling the impact, especially those that import their products from China. The surcharges have been popping up across several industries, impacting nearly everything from prices of clothing to automobile manufacturing. Some companies are charging flat fees, while others charge a percentage of the […]

The Trump administration is exempting imported smartphones, laptops and other electronics from reciprocal tariffs. Customs and Border Patrol issued new guidance on reciprocal tariff negotiations late Friday, noting the exemption of those goods from Trump’s April 2 executive order which declared a national emergency due to non-reciprocal trade practices and structural imbalances in the global trading system. Subsequent executive orders ramped up tariffs on China to 125%.The updated guidance, which cites […]

A mansion that reportedly has a past connection to Microsoft cofounder Bill Gates has gone up for sale in South Florida.The seller is seeking a whopping $23.5 million for the nearly 9,500-square-foot waterfront home on Florida’s Jupiter Island, its listing held by Susan Hemmes of ONE Sotheby’s International Realty showed.Inside the massive U-shaped home, there are a total of four bedrooms and seven full bathrooms.Its "expansive" master suite comes replete […]

-Stocks end volatile week with gains, gold hits record, bonds suck wind as dollar gets dinged-President Trump's surprise tariff pivot and negotiation progress -U.S. hits China with tariffs, China hits back -Treasury Secretary Bessent warns China over several tactics -JPMorgan CEO Jamie Dimon weighs in on U.S. recession exclusively to FOX Business -BlackRock CEO Larry Fink, who runs the world's biggest asset manager, gives his take on the week -Delta, Walmart take pause on forecasting […]