Finance/Economy/Business

Trump slaps Brazil with 50% tariff, explicitly tying action to trial of ally Jair Bolsonaro

President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal...

Unexpected retail chain closes half its stores, no bankruptcy

Sometimes the gold rush never actually happens. There may be gold "in them there hills," but mining it might be too expensive, or the quality...

Nvidia makes history with $4 trillion market cap while markets brush off tariff worries

Traders seem to be unbothered that tariffs’ return to the spotlight could lead to another market crash. As stocks rose, Nvidia became the first...

Trump holds court on presidential portraits, pretty picture frames and FDR, ‘an amazing man’

Turns out Donald Trump gauges his esteem for presidential predecessors by how well their portraits fit into his White House redecorating scheme. Or sometimes how well...

Linda Yaccarino is just the latest of at least 15 senior leaders that have departed Elon Musk’s business empire in the past year.

“After two incredible years, I’ve decided to step down as CEO of 𝕏,” Yaccarino wrote on X Wednesday. “When @elonmusk and I first spoke...

Photos: Sam Altman, Tim Cook and Silicon Valley’s elite arrive at the ‘summer camp for billionaires’

Within the resort town of Sun Valley, Idaho, a small group of the world’s richest people are beginning to gather for Allen & Company’s...

Meet Apple’s next COO Sahib Khan, a 30-year veteran who will oversee the iPhone maker’s supply chain amid the ‘Trump tariff black cloud’

Apple named a new operational czar after longtime chief operating officer Jeff Wiliams announced his impending retirement Tuesday. The company promoted Sahib Khan to...

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