President Donald Trump is set to announce new tariffs on auto imports on Wednesday, according to the White House. The announcement will take place during a press conference […]
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Amazon Spring Sale: Discounts on Popular Kitchen, Infant Care, and Gadgets
The Amazon Spring Sale offers discounts on a variety of products favored by Verge staff members. Here are some highlights: In the kitchen category, the Ynesoer automatic soap […]
Economy
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Trump Describes Reciprocal Tariff Plan as ‘Lenient’
President Donald Trump announced plans to impose reciprocal tariffs on all nations as part of his broader tariff strategy. Despite the sweeping nature of the policy, Trump described […]
Technology
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The New York Times Lawsuit Against OpenAI Moves Forward
A federal judge has rejected OpenAI’s attempt to dismiss a copyright lawsuit filed by The New York Times. The tech company is accused of using the publication’s content […]
Economy
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US Imposes 25% Tariffs on Imported Cars
The US has introduced new trade taxes of 25% on imported cars, announced by President Donald Trump. The tariffs are set to take effect on April 2, with […]
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Dollar Tree is Selling Family Dollar, Ending a Troubled Merger
Dollar Tree is selling off Family Dollar for $1 billion, marking the end of a troubled merger that began in 2015 when Dollar Tree acquired the brand for […]
Banks
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Prosecutor Claims Frank Founder Misled JPMorgan Chase in $175 Million Deal
NEW YORK (AP) — A prosecutor argued that a Florida woman executed a ‘brazen fraud’ by exaggerating her student aid startup’s customer base to sell it to JPMorgan […]
Banks
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UBS Proposes Capping Investment Bank Size to Satisfy Swiss Regulators
UBS has put forth a proposal to restrict the size of its investment banking division in an effort to meet the demands of Swiss regulators. This move aims […]
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Dollar Tree Gains Higher-Income Shoppers Amid Tariff Concerns
Dollar Tree reported gaining market share with higher-income consumers and may offset President Donald Trump’s tariffs by raising prices on some products. CEO Michael Creedon noted observing ‘value-seeking […]
Economy
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Imposition of Trump’s Tariffs on Foreign Cars: Market Reactions and Economic Impacts
Stock markets experienced a decline following the announcement of auto tariffs, with American automaker shares dropping. The S&P 500 fell over 1 percent in mid-afternoon trading, while most […]