Business

President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods. Shoppers buying clothes from retailers in China might soon pay more than twice as much, now that a special exemption for lower value imports is disappearing. And companies involved in international…

Among those opposed to President Trump’s tariffs on imports from China: a legal group funded by some of the biggest names in conservative politics. Last week, a Florida business owner challenged the Trump administration’s moves in court, arguing that her company, Simplified, which makes notebooks and planners, was harmed by the dramatic trade war with…

European stock markets are holding up significantly better than their American peers amid the escalating tit-for-tat trade war between the world’s largest economies. While the S & P 500 has fallen nearly 11% year-to-date, European indices have fared considerably better. The STOXX Europe 600 is down just 4.4%, France’s CAC 40 has slipped 4%, Britain’s…

A Q&A with workspace researcher Jennifer Magnolfi Astill on the importance of being together—and the role of shared spaces in getting work done.

The head of the United Automobile Workers union voiced partial support on Thursday for the Trump administration’s tariffs, saying targeted duties on other countries could help bring some manufacturing jobs back to the United States. But the union’s president, Shawn Fain, described President Trump’s across-the-board global tariffs as “reckless.” In an address to U.A.W. members…

The Chinese internet giant ByteDance has made some of the world’s most popular apps: TikTok and, in China, Douyin and Toutiao. In the United States, TikTok claims 170 million users. But in China, about 700 million use the domestic version, Douyin, and 300 million scroll the headlines on Toutiao, a news app. Every video that…

Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange in New York, US, on Thursday, April 10, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures fell on Thursday night as investors look to close out a volatile week, punctuated by sharp swings for the major…

On April 2, President Trump followed through on campaign promises to steeply hike tariffs on U.S. trading partners, taking the average effective tariff rate to around 23%, a near 10-fold increase of the rate last year. As sharp and severe selloffs in financial markets underline the global scope and radical uncertainty of this move, executives…