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Toyota Profits Plunge 37% Amid Trump Tariff Pressure

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Toyota’s profit plunged 37% in the April-June quarter, the company said Thursday, cutting its full year earnings forecasts largely because of President Donald Trump’s...
Business

Wall Street Suffers Worst Drop Since May as Hiring Slows and New Tariffs Take Effect

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The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald...
Business

Trump Hits India With 25% Tariff, Warns of Penalties Over Russian Oil Deals

TDB Editor -
The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil,...
Business

New US-EU Trade Agreement Avoids Deeper Conflict But Comes at A Cost

TDB Editor -
President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most...
Business

Trump Secures Trade Deal With Japan, Cuts Proposed Tariff to 15%

TDB Editor -
President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation. “This Deal will create...
Business

Trump Slaps 30% Tariffs on EU and Mexico Starting August 1, Sparking Trade Tensions

TDB Editor -
President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could...
Business

Trump Slaps 25% Tariffs on Japan and South Korea — Adds Import Taxes on 12 More Countries

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President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on...
Business

U.S. Economy Adds 147,000 Jobs in A Surprise Boost — Key Insights Here

TDB Editor -
The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But...
Business

Oil Prices Surge as US Strike on Iran Nuclear Sites Shakes Asian Markets, Stock Futures Fall

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The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran. The price...
Business

Boeing Shares Tumble 4% Following Fatal Air India Crash

TDB Editor -
Boeing (BA) stock sank more than 4% on Thursday after an Air India plane carrying 242 people crashed shortly after takeoff near the Ahmedabad...
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