Cryptocurrency traders experienced a surge in market activity on March 2 following an announcement by former US President Donald Trump regarding the establishment of a crypto strategic reserve. […]
Economy
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Warren Buffett says tariffs are ‘an act of war, to some degree’
Warren Buffett, chairman and CEO of Berkshire Hathaway, described tariffs as “an act of war, to some degree,” in an interview with CBS. He explained that over time, […]
Economy
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Trump’s tariff tactics carry higher economic risks than during his first term
WASHINGTON (AP) — When Donald Trump initiated a significant trade war during his first term, his unpredictable mix of threats and import taxes on U.S. trading partners caused […]
Uncategorized
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Rodney McMullen, Kroger CEO, Resigns Following Board Investigation into Personal Conduct
Kroger, the grocery chain headquartered in Cincinnati, announced on Monday that its CEO, Rodney McMullen, has resigned following an investigation by the company’s board into his personal conduct. […]
Banks
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SEC Dangles $50,000 Incentive for Employees to Resign or Retire
The U.S. Securities and Exchange Commission (SEC) is offering eligible employees a $50,000 incentive to resign or retire by April 4, according to an email reviewed by Bloomberg. […]
Uncategorized
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The Elon tax: Ad insiders say they’re advising clients to spend on X to avoid legal and political headaches
Ad agencies and consultants report advising clients to advertise on Elon Musk’s X platform to mitigate political and legal risks. Industry insiders view spending on X as a […]
Economy
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Warren Buffett on Trump tariffs: ‘The Tooth Fairy doesn’t pay ’em!’
Legendary investor Warren Buffett criticized planned U.S. tariffs on international trade partners, noting they may harm consumers. Speaking to CBS News, Buffett described tariffs as “an act of […]
Economy
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Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The U.S. Department of the Treasury announced it will not enforce penalties or fines associated with the Biden-era “beneficial ownership information” (BOI) reporting requirements for millions of domestic […]
Economy
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Trump tariffs: Can US be punished for breaking trade laws?
New York University’s Litigation Tracker website, which lists legal challenges to the Trump administration’s actions, already shows an impressive number of cases. First published on January 29 and […]
Economy
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Dissecting the potential impact of tariffs on the US auto industry
After a month’s reprieve, the U.S. auto industry is again facing the prospect of 25% tariffs on imports from Mexico and Canada, which would introduce additional costs into […]