Business – Latest Financial & Stock Market News | New York Post https://nypost.com Your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more. Fri, 18 Apr 2025 22:44:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 163456144 Tesla to delay US launch of cheaper electric car in major setback for Elon Musk: report https://nypost.com/2025/04/18/business/tesla-to-delay-us-launch-of-cheaper-model-y-in-major-setback-for-elon-musk-report/#respond Fri, 18 Apr 2025 17:43:13 -0400 2025-04-18T18:06:03-04:00 https://nypost.com/2025/04/18/business/tesla-to-delay-us-launch-of-cheaper-model-y-in-major-setback-for-elon-musk-report/ Reuters https://nypost.com/?post_type=article&p=35666040 0 35666040 Tesla Model Y cars in Beijing Elon Musk and President Trump in February. Musk and Trump at the White House in March. Mark Zuckerberg’s explosive ‘smoking gun’ emails about Instagram, WhatsApp take center stage at FTC antitrust trial https://nypost.com/2025/04/18/business/mark-zuckerbergs-explosive-emails-about-instagram-whatsapp-take-center-stage-at-ftc-antitrust-trial/#respond Fri, 18 Apr 2025 16:06:57 -0400 2025-04-18T16:07:06-04:00 https://nypost.com/2025/04/18/business/mark-zuckerbergs-explosive-emails-about-instagram-whatsapp-take-center-stage-at-ftc-antitrust-trial/ Thomas Barrabi https://nypost.com/?post_type=article&p=35661471 0 35661471 Mark Zuckerberg FTC case Meta attorneys FTC Meta case Mark Zuckerberg Andrew Ferguson Ford halts shipments of F-150s, other models to China to avoid tariffs https://nypost.com/2025/04/18/business/ford-halts-shipments-of-f-150s-other-models-to-china-to-avoid-tariffs-report/#respond Fri, 18 Apr 2025 15:16:34 -0400 2025-04-18T15:49:24-04:00 https://nypost.com/2025/04/18/business/ford-halts-shipments-of-f-150s-other-models-to-china-to-avoid-tariffs-report/ Reuters https://nypost.com/?post_type=article&p=35664235 0 35664235 Ford SUVs People look at a Ford Explorer SUV displayed at the China International Import Expo in November. NYC tourism poised to tank as tariffs, stock market rattle travelers https://nypost.com/2025/04/18/business/nyc-tourism-poised-to-tank-as-tariffs-stock-market-rattle-travelers/#respond Fri, 18 Apr 2025 14:52:41 -0400 2025-04-18T14:52:49-04:00 https://nypost.com/2025/04/18/business/nyc-tourism-poised-to-tank-as-tariffs-stock-market-rattle-travelers/ Lisa Fickenscher https://nypost.com/?post_type=article&p=35649349 0 35649349 A plane flying over a city Two tourists on the upper deck of the Miss New York ferry, departing Manhattan for the Statue of Liberty and Ellis Island Statue of Liberty standing against a background of water and city skyline, representing a decrease in visitor numbers compared to previous years. Exterior view of Park Lane Hotel in New York with numerous windows People walking through Times Square, New York City, on March 28, 2025, amid declining tourism rates Capital One gets green light to buy Discover for $35B and form credit card giant https://nypost.com/2025/04/18/business/capital-ones-35b-deal-for-discover-gets-green-light/#respond Fri, 18 Apr 2025 14:07:38 -0400 2025-04-18T14:07:48-04:00 https://nypost.com/2025/04/18/business/capital-ones-35b-deal-for-discover-gets-green-light/ Associated Press https://nypost.com/?post_type=article&p=35662800 0 35662800 Capital One Discover logo Americans flock to Chinese e-commerce apps DHgate, Taobao amid Trump tariffs https://nypost.com/2025/04/18/business/americans-flock-to-chinese-e-commerce-apps-dhgate-taobao-amid-trump-tariffs/#respond Fri, 18 Apr 2025 13:49:58 -0400 2025-04-18T13:50:07-04:00 https://nypost.com/2025/04/18/business/americans-flock-to-chinese-e-commerce-apps-dhgate-taobao-amid-trump-tariffs/ Ariel Zilber https://nypost.com/?post_type=article&p=35661971 0 35661971 Stuttgart, Germany - 11-06-2023: Person holding cellphone with webpage of Chinese online shop Taobao (Alibaba Group) in front of logo. Focus on center of phone display. Taobao is a Chinese e-commerce platform that is among the most downloaded among American users of Apple smartphones and laptops. DHgate and Taobao cracked the top 5 of the most popular apps on the Apple App Store. Fast-fashion e-retailer Shein and Temu are raising prices in response to President Trump's tariffs. An employee packages garments for the online Chinese e-commerce company Temu at a clothing factory in the southern Chinese city o Guangzhou on April 16, 2025. Toyota considers making top-selling RAV4 SUV in the US to avoid Trump tariffs: report https://nypost.com/2025/04/18/business/toyota-weighs-making-rav4-suv-in-the-us-to-avoid-tariffs-report/#respond Fri, 18 Apr 2025 12:48:29 -0400 2025-04-18T12:48:38-04:00 https://nypost.com/2025/04/18/business/toyota-weighs-making-rav4-suv-in-the-us-to-avoid-tariffs-report/ Taylor Herzlich https://nypost.com/?post_type=article&p=35660054 0 35660054 2019 Toyota RAV4 on display at the New York Auto Show, positioned on a stage. A red 2024 Toyota RAV4 Hybrid XSE on display at the 2025 Milwaukee Auto Show. U.S. President Donald Trump delivering remarks on tariffs, holding a 'Foreign Trade Barriers' document in the Rose Garden at the White House. Chinese-made cars being loaded onto the large LNG dual-fuel car carrier, 'Anji Virtue', at Yantai port in China's Shandong province. Trump unveils new fees on Chinese ships docking at US ports — but experts warn gambit could spark chaos https://nypost.com/2025/04/18/business/trump-unveils-plan-to-impose-levies-on-chinese-ships-docking-at-us-ports-as-trade-war-escalates/#respond Fri, 18 Apr 2025 12:39:38 -0400 2025-04-18T18:44:38-04:00 https://nypost.com/2025/04/18/business/trump-unveils-plan-to-impose-levies-on-chinese-ships-docking-at-us-ports-as-trade-war-escalates/ Ariel Zilber, Lisa Fickenscher https://nypost.com/?post_type=article&p=35661211 0 35661211 newspress-collage-1p4aoqgs5-1744991388276 A Chinese flag flies from a ship at the Port of Oakland on April 15. The Trump administration is planning levies on Chinese-built ships that dock at US ports. President Trump has hit Chinese imports with tariffs -- prompting Beijing to retaliate with levies of its own on US products. A drone view shows a Chinese flag on a cargo ship at the terminals at the port in Kwai Chung in Hong Kong on April 3. A cargo ship moves under the Bayonne Bridge as it heads into port in Bayonne, NJ, in October 2021. Trump will study whether to fire Jerome Powell after accusing Fed chair of ‘playing politics’: adviser https://nypost.com/2025/04/18/business/trump-will-study-whether-to-fire-fed-chair-jerome-powell-adviser/#respond Fri, 18 Apr 2025 12:22:29 -0400 2025-04-18T13:51:17-04:00 https://nypost.com/2025/04/18/business/trump-will-study-whether-to-fire-fed-chair-jerome-powell-adviser/ Reuters https://nypost.com/?post_type=article&p=35661655 0 35661655 Jerome Powell President Trump White House economic adviser Kevin Hassett answering questions on Friday. Why top Wall Street attorney Jay Clayton’s ‘proven track record’ makes him perfect pick for vital role https://nypost.com/2025/04/18/business/why-top-wall-street-attorney-jay-claytons-proven-track-record-makes-him-perfect-pick-for-vital-role/#respond Fri, 18 Apr 2025 11:28:50 -0400 2025-04-18T11:29:03-04:00 https://nypost.com/2025/04/18/business/why-top-wall-street-attorney-jay-claytons-proven-track-record-makes-him-perfect-pick-for-vital-role/ Charles Gasparino https://nypost.com/?post_type=article&p=35648545 0 35648545 Jay-Clayton-interim-Attorney-Southern-District A potentially big hurdle is NY Democrat Chuck Schumer, the Senate Minority Leader. It should be noted that Schumer voted against him for the SEC post, but was significantly outnumbered 61 to 37. Trump DOJ looks to move Gavin Newsom’s tariffs lawsuit out of California https://nypost.com/2025/04/18/business/trump-looks-to-move-gavin-newsom-tariff-lawsuit-out-of-california/#respond Fri, 18 Apr 2025 11:24:02 -0400 2025-04-18T11:24:10-04:00 https://nypost.com/2025/04/18/business/trump-looks-to-move-gavin-newsom-tariff-lawsuit-out-of-california/ Ariel Zilber https://nypost.com/?post_type=article&p=35660838 0 35660838 newspress-collage-4p2cwm58n-1744987124682 California Gov. Gavin Newsom has filed a lawsuit challenging President Trump's tariffs. The Trump administration is seeking to get the lawsuit moved out of San Francisco federal court. A woman takes a look at the interior of a kitchen appliance at an electronics and appliances retailer in Montebello, Calif. on April 16. The image above shows shipping containers parked at the Union Pacific Railroad intermodal facility in Commerce, Calif. on April 16. Ex-NY Times editor breaks down in tears, apologizes to Sarah Palin at defamation trial — but former Alaska gov wasn’t buying it https://nypost.com/2025/04/18/media/ex-ny-times-editor-breaks-down-in-tears-apologizes-to-sarah-palin/#respond Fri, 18 Apr 2025 11:19:29 -0400 2025-04-18T12:29:49-04:00 https://nypost.com/2025/04/18/media/ex-ny-times-editor-breaks-down-in-tears-apologizes-to-sarah-palin/ Ariel Zilber https://nypost.com/?post_type=article&p=35659387 0 35659387 102915201 Former vice presidential candidate Sarah Palin reportedly did not accept a tearful apology from the former opinion page editor of the New York Times. 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. Bennet got choked up and teary as he apologized to Palin. In this courtroom sketch from 2022, Bennet, former New York Times editorial page editor, holds up a copy of paper as he testified in Palin's defamation lawsuit against the New York Times in federal court. Palin is expected to take the witness stand next week. She is seen above leaving the Manhattan courthouse on Wednesday. Apple buying frenzy ahead of tariff pause raises eyebrows — but Letitia James only has blinders for Trump https://nypost.com/2025/04/18/business/apple-buying-frenzy-ahead-of-tariff-pause-raises-eyebrows-but-letitia-james-only-has-blinders-for-trump/#respond Fri, 18 Apr 2025 11:15:06 -0400 2025-04-18T11:15:21-04:00 https://nypost.com/2025/04/18/business/apple-buying-frenzy-ahead-of-tariff-pause-raises-eyebrows-but-letitia-james-only-has-blinders-for-trump/ Charles Gasparino https://nypost.com/?post_type=article&p=35648587 0 35648587 Letitia James Apple iPhones Letitia James Al Sharpton holds ‘constructive and candid’ meeting with Target CEO over DEI initiatives https://nypost.com/2025/04/18/media/al-sharpton-holds-constructive-and-candid-meeting-with-target-ceo-over-dei-initiatives/#respond Fri, 18 Apr 2025 11:10:26 -0400 2025-04-18T11:10:28-04:00 https://nypost.com/2025/04/18/media/al-sharpton-holds-constructive-and-candid-meeting-with-target-ceo-over-dei-initiatives/ Fox News https://nypost.com/?post_type=article&p=35659879 0 35659879 102923447-1 Brian Cornell, CEO of Target. A view of a Target store in Novato, California in 2025, indicating potential price increases due to tariffs Howard Lutnick is the Trump adviser Wall Street loves to hate https://nypost.com/2025/04/18/business/howard-lutnick-is-the-trump-adviser-wall-street-loves-to-hate/#respond Fri, 18 Apr 2025 07:00:00 -0400 2025-04-18T10:32:32-04:00 https://nypost.com/2025/04/18/business/howard-lutnick-is-the-trump-adviser-wall-street-loves-to-hate/ Charles Gasparino https://nypost.com/?post_type=article&p=35648613 0 35648613 Howard Lutnick President Trump and Lutnick unveiling the tariff policy on April 2. Inside ‘political’ VC firm Rockbridge — and how it’s kept GOP and tech united  https://nypost.com/2025/04/18/business/inside-political-vc-firm-rockbridge-and-how-its-united-gop-and-tech-united/#respond Fri, 18 Apr 2025 06:00:00 -0400 2025-04-18T16:43:48-04:00 https://nypost.com/2025/04/18/business/inside-political-vc-firm-rockbridge-and-how-its-united-gop-and-tech-united/ Lydia Moynihan https://nypost.com/?post_type=article&p=35650071 0 35650071 Trump Italy Chris Buskirk sitting in a chair holding a microphone, speaking to attendees at the 2021 Student Action Summit in Tampa, Florida Tulsi Gabbard, director of National Intelligence, in an orange coat, arriving for the House Intelligence Committee Annual Worldwide Threats Assessment hearing in Washington, DC Dana Blumberg, Robert Kraft, Omeed Malik, Donald Trump Jr., and Bettina Anderson posing for a photo at the amfAR Palm Beach Gala in Florida on March 15, 2025. Secret Service Police US Special Envoy Steve Witkoff and Germany national security advisor Jens Plotner discussing at a table in Elysee presidential palace. Here’s why the average US credit score is falling https://nypost.com/2025/04/17/business/heres-why-the-average-us-credit-score-is-falling/#respond Thu, 17 Apr 2025 19:39:38 -0400 2025-04-17T19:39:40-04:00 https://nypost.com/2025/04/17/business/heres-why-the-average-us-credit-score-is-falling/ Fox Business https://nypost.com/?post_type=article&p=35653411 0 35653411 Tech-Savvy in Soho: Asian Student Makes Online Purchases at a Trendy Café Worried couple paying their finances over a computer at home Tesla accused of speeding up odometers so they fall out of warranty faster: lawsuit https://nypost.com/2025/04/17/business/tesla-accused-of-speeding-up-odometers-to-avoid-warranty-repairs-lawsuit/#respond Thu, 17 Apr 2025 19:10:11 -0400 2025-04-17T19:10:18-04:00 https://nypost.com/2025/04/17/business/tesla-accused-of-speeding-up-odometers-to-avoid-warranty-repairs-lawsuit/ Reuters https://nypost.com/?post_type=article&p=35655188 0 35655188 Tesla vehicles Tesla CEO Elon Musk and President Trump stadnig in front of a Tesla car last month. Tesla settles black employee’s lawsuit alleging rampant harassment at Calif. plant https://nypost.com/2025/04/17/business/tesla-settles-black-employees-lawsuit-alleging-rampant-harassment-at-calif-plant/#respond Thu, 17 Apr 2025 18:49:14 -0400 2025-04-17T18:49:42-04:00 https://nypost.com/2025/04/17/business/tesla-settles-black-employees-lawsuit-alleging-rampant-harassment-at-calif-plant/ Reuters https://nypost.com/?post_type=article&p=35655036 0 35655036 Tesla's Fremont, Calif., plant Trump claims tariffs rake in $3B a day — but it’s actually much lower https://nypost.com/2025/04/17/business/trump-claims-tariffs-rake-in-3b-a-day-but-its-actually-much-lower/#respond Thu, 17 Apr 2025 17:20:35 -0400 2025-04-17T18:27:38-04:00 https://nypost.com/2025/04/17/business/trump-claims-tariffs-rake-in-3b-a-day-but-its-actually-much-lower/ Taylor Herzlich https://nypost.com/?post_type=article&p=35652808 0 35652808 Newly manufactured Renault vehicles parked along the Auto Espire ship at vehicle handling terminal, Port of Santander, April 16, 2025. U.S. President Donald Trump holding a 'Foreign Trade Barriers' document and delivering remarks on tariffs in the Rose Garden at the White House.