Business
Trump unveils new fees on Chinese ships docking at US ports — but experts warn gambit could spark chaos
The plan slaps steep levies on Chinese ships docking at US ports based on the amount of cargo they are carrying – which could soar to as much as $50 million per vessel, per year.
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Tesla to delay US launch of cheaper electric car in major setback for Elon Musk: report
Analysts expect Tesla sales to fall again this year for several reasons, including damage to the brand reputation by Chief Executive Elon Musk's close work with President Trump.
Ford halts shipments of F-150s, other models to China to avoid tariffs
Shipments of its F-150 Raptors, Mustangs and Michigan-built Bronco SUVs as well as Kentucky-made Lincoln Navigators were reportedly halted.
NYC tourism poised to tank as tariffs, stock market rattle travelers
“New York City has had a pretty robust run” during the years following the pandemic, Jan Freitag, CoStar’s national director of hospitality, told The Post. “It probably hasn’t seen this...
Capital One gets green light to buy Discover for $35B and form credit card giant
The deal joins two of the largest credit card companies that aren’t banks first, like JPMorgan and Citi, with the notable exception of American Express.
Americans flock to Chinese e-commerce apps DHgate, Taobao amid Trump tariffs
Viral videos on TikTok feature Chinese manufacturers urging American consumers to use DHgate and Taobao to purchase knock-offs.
Toyota considers making top-selling RAV4 SUV in the US to avoid Trump tariffs: report
The Japanese company is weighing whether to produce the next version of its SUV at its Kentucky factory, according to a report.
Why top Wall Street attorney’s ‘proven track record’ makes him perfect pick for vital role
Clayton, 58, knows the money business very well. He was the chair of the Securities and Exchange Commission during Trump’s first term, when Wall Street’s top cop brought nearly 3,000...
Trump DOJ looks to move Gavin Newsom's tariffs lawsuit out of California
Justice Department attorneys on Thursday argued that the dispute should be adjudicated in the US Court of International Trade in New York.
Ex-NY Times editor breaks down in tears, apologizes to Sarah Palin at defamation trial — but former Alaska gov wasn't buying it
James Bennet testified he "blew it" when he falsely claimed in an editorial that Palin's PAC had contributed to an atmosphere of violence in 2011.
Apple buying frenzy ahead of tariff pause raises eyebrows — but Letitia James only has blinders for Trump
The NY AG, it should be noted, has been trying to nail Trump on something for years, she even campaigned on it, so she’s not a neutral source.
Al Sharpton holds 'constructive and candid' meeting with Target CEO over DEI initiatives
The CEO of Target met MSNBC host Rev. Al Sharpton as the latter's organization puts pressure on companies that previously scaled back DEI initiatives.
Howard Lutnick is the Trump adviser Wall Street loves to hate
The Wall Street establishment never liked Lutnick, an upstart with sharp elbows and voluble nature.
Here's why the average US credit score is falling
The scoring agency reported that the national average U.S. FICO score – used as a benchmark for assessing consumer credit risk – fell to 715, marking a one-point drop from...
Tesla accused of speeding up odometers so they fall out of warranty faster: lawsuit
The lawsuit alleged that Tesla odometer readings reflect energy consumption, driver behavior and "predictive algorithms" rather than actual mileage driven.
Tesla settles black employee's lawsuit alleging rampant harassment at Calif. plant
The employee said she was subjected to pervasive harassment, including a common racial slur she said was scrawled throughout the plant including in bathrooms, and a gender-based insult.
Trump claims tariffs rake in $3B a day -- but it's actually much lower
Customs and Border Protection said the actual revenue is much lower than President Trump's $3 billion estimate.
Netflix exceeds expectations in latest earnings report — and predicts profits will rise despite economic uncertainty
Analysts have raised the possibility that Trump's economic policies could lead to a recession that makes consumers reconsider their streaming spending.
Ford recalling over 148K vehicles, including F-150, over brake problems
The automaker cited a fluid leak that could reduce braking performance and increase stopping distance.
Elon Musk's SpaceX is frontrunner to build Trump's 'Golden Dome' missile shield: sources
Should the group led by SpaceX win a Golden Dome contract, it would be the biggest win for Silicon Valley in the lucrative defense contracting industry and a blow to...
Tesla slaps $10K discounts on Cybertruck as sales skid and inventory builds up
Some production lines are running at only a fraction of their previous capacity, while staffing levels have been significantly reduced, sources told Business Insider.