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Business

EU Official Engages Trump Team in Talks to Avert Looming Tariff Dispute

TDB Editor -
In lengthy four-hour meeting with Trump officials, EU leader urges fairness to prevent trade clash. “The top objective as it was presented to us...
Business

Howard Lutnick Confirmed by Senate as Commerce Secretary, a Crucial Position in Trump’s Trade Strategy

TDB Editor -
Howard Lutnick, a wealthy financier and strong advocate of Trump’s trade stance, was confirmed as Commerce Secretary by the Senate on Tuesday. As Commerce Secretary,...
Business

Trump Orders US Treasury to Halt Penny Production: ‘This is so wasteful!’

TDB Editor -
President Donald Trump announced plans to put a stop to producing pennies, which cost more than their value to make. "For far too long, the...
Business

Taiwan to Support Businesses Relocating to U.S. as Tariff Hikes Loom

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Taiwan to Support Businesses Relocating to U.S. as Tariff Hikes Loom Taiwan’s economic affairs ministry said it will assist Taiwanese companies that could be affected...
Business

Trade War Escalates: Canada, Mexico Hit U.S. with Retaliatory Tariffs Over Trump’s Policy

TDB Editor -
Canada and Mexico each announced tariffs on U.S. imports on Saturday in retaliation for U.S. President Donald Trump placing tariffs on the two countries. Trump...
Business

Perplexity AI Suggests TikTok Merge with U.S. Government Holding a 50% Stake

TDB Editor -
Perplexity AI has presented a new proposal to TikTok's parent company that would allow the U.S. government to own up to 50% of a...
Business

Pentagon Designates Chinese Social Media Giant as National Security Threat

TDB Editor -
Tencent Shares Drop 10% After Military Company Designation; Chinese battery manufacturer CATL Also Added to Blacklist. The Pentagon on Monday labeled Tencent, the Chinese social...
Business

US Steel Acquisition Awaits Biden’s Decision After Panel Stalemate

TDB Editor -
A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for...
Business

TikTok’s Fate in Question: Billionaire Frank McCourt Eyes a Potential Purchase

TDB Editor -
With less than one month until TikTok could be banned in the United States, a billionaire is tossing his hat into the ring as...
Business

Retail Sales Climb Last Month, Signaling Strong Economic Momentum in the US

TDB Editor -
Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday...
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