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Business News

Location American Business News for 4 April 2025
Lawsuit Challenges Trump's Legal Rationale for Tariffs on China A nonprofit group said the president misapplied a law in imposing those levies and portrayed its filing as the first lawsuit to challenge the Trump administration over its tariffs.
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Swiss Indignant to Make the Top 10 of Trump's Tariffs List

The New York Times - 4 Apr 2025 21:17
Swiss Indignant to Make the Top 10 of Trump's Tariffs List Swiss companies bemoan the loss of a reliable partner, and called the 32 percent tariff "incomprehensible."
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Slumping Oil Prices Reflect Intensifying Economic Worries

The New York Times - 4 Apr 2025 15:14
Slumping Oil Prices Reflect Intensifying Economic Worries Fears that President Trump's tariffs could slash global economic growth -- and demand for oil -- were weighing on the market.
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Economy added 228,000 jobs in March, beating expectations Unemployment remained relatively stable amid declining consumer confidence and an emerging trade war, which have roiled markets.
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What Will Trump's Tariffs Do to EU-China Trade Relations?

The New York Times - 4 Apr 2025 13:59
What Will Trump's Tariffs Do to EU-China Trade Relations? The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer -- or more combative.
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Trump's tariffs are hitting China's friends hard — and giving Beijing a golden opportunity Cambodia, Laos, and Myanmar were hit with tariffs of 49%, 48%, and 45% respectively.
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Trump's Tariffs Drive Another Market Meltdown

The New York Times - 4 Apr 2025 13:36
Trump's Tariffs Drive Another Market Meltdown A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump's tariff barrage.
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Lawmakers Demand SEC Transparency on Trump Family Crypto Ties Senator Elizabeth Warren and Representative Maxine Waters have formally requested transparency from the U.S. Securities and Exchange Commission (SEC) concerning potential conflicts of interest involving President Donald ...
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JP Morgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession.
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SEC lays out guidelines for stablecoins, excludes algorithmic tokens The United States Securities and Exchange Commission (SEC) released a statement on April 4 establishing guidelines for stablecoins. In an April 4 statement, the agency minted a new term, "covered stablecoins," classifyin...
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Republican Plan to Kill California's E.V. Policies Hits Senate Snag The Trump administration asked Republicans in Congress to stop California's ban on new gas-powered cars. The Senate parliamentarian said it wasn't allowed.
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Enterprise AI application development is moving forward with a new generation of vibe coding tools.
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How to harness the rising amount of data in real estate Data can identify trends to help both landlords and renters. The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our...
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Bitcoin 'decouples,' stocks lose $3.5T amid Trump tariff war and Fed warning of 'higher inflation' As stock markets crumbled for a second day on April 4, US Federal Reserve Chair Jerome Powell said that the Trump administration’s “reciprocal tariffs” could significantly affect the economy, potentially leading to...
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U.S. Farmers Brace for Losses in New Trade War With China

The New York Times - 4 Apr 2025 23:17
U.S. Farmers Brace for Losses in New Trade War With China China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.
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Google released Gemini 2.5 Pro publicly with higher rate limits and for a lower price than Anthropic's Claude or OpenAI's models.
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I'm 48 but I pretend every day that I'm 90. I want to be grateful for the body that I still have. I want to appreciate the body I still have, so I pretend I'm older and just woke up in a younger body. It makes me feel grateful.
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How to fund open source's future

Fast Company - 4 Apr 2025 23:05
How to fund open source's future Sometimes it's better to charge for features developed from open source to continue building on it. The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepre...
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Economists worry Trump's tariff formula makes harmful assumptions about trade The Office of the US Trade Representative shared the math responsible for Trump's tariffs.
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Prada reportedly taps Goldman Sachs to advise on $2.5B Versace bid Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace's Medusa brand, according to an Italian newspaper.
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TikTok staffers say Chinese leadership has been tightening its grip over US operations At TikTok, a string of recent US executive exits has created a management vacuum that Chinese leaders are filling, current and former staffers said.
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This Dutch oven is one of my kitchen essentials — save $109 on the Le Creuset Dutch Oven The Le Creuset Signature Enameled Dutch Oven is one of our favorite Dutch ovens in 2025. Save 26% on one now with this Amazon deal.
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