Business

UK advertisers cut spending for the first time in four years on tariff turmoil
More companies are reducing ad budgets than increasing them, trade body finds

Summers slams Trump ‘tyranny’ in escalating attacks on Harvard
Former Harvard University President Larry Summers assailed President Donald Trump over his deepening attacks on the school, slamming a “wildly ...

Elon Musk’s DOGE reportedly wants to kill the IRS tool that makes filing free for American taxpayers
The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency ...

Meta saw TikTok as ‘highly urgent’ threat, Zuckerberg says at antitrust trial
Mark Zuckerberg said that ByteDance Ltd.’s TikTok posed a “highly urgent” competitive threat to Meta Platforms Inc. when it first ...

Trump thinks ‘cheaters’ are hurting us on trade, but here’s how the U.S. employs a number of sneaky ‘non-tariff barriers’ to repel foreign goods
A major mystery of the Trump tariff crusade: The “Liberation Day” “reciprocal” duties he’s threatening are completely disconnected from what ...

How do U.S. firms track and pay tariffs? A plain-English guide
Tariffs have suddenly become a massively disruptive feature of the U.S. economic landscape, upending supply chains and threatening consumers with ...

Gerry Cardinale’s RedBird evaluating takeover of UK’s Telegraph newspaper
Plan would reduce stake of Abu Dhabi-based IMI to overcome objections of British government on grounds of foreign control

Temu and Shein slash US ad spending as trade war hits
Chinese retailers’ retreat threatens Big Tech advertising revenues

OpenAI updated its safety framework—but no longer sees mass manipulation and disinformation as a critical risk
OpenAI said it will stop assessing its AI models prior to releasing them for the risk that they could persuade ...

Tariffs could put Fed’s inflation and jobs goals at odds, Jay Powell says
Central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

The gig economy is growing 3x faster than the traditional workforce, and Gen Z is leading the charge: ‘They don’t trust the old system’
Joining the gig economy used to be considered an “alternative” career path—but it’s fast becoming the norm. By 2027, half ...

OpenAI debuts new ‘reasoning’ models and coding agent as it seeks to stay at the front of the AI pack
OpenAI has released two AI “reasoning” models that it says are its most capable yet as well as an open-source ...

US consumers rushed to buy cars ahead of Trump’s auto tariffs
Vehicle sales jump in March before implementation of steep levies

Nvidia blindsided by Trump’s curbs in multibillion-dollar blow to China sales
US chipmaker reveals $5.5bn impairment, while full hit to China revenues could surpass $10bn

Harley Davidson slams activist investor, saying its campaign is messing up its CEO search
Harley Davidson’s search for a new CEO is turning out to be anything but an easy ride for the iconic ...

Truth, lies and the betrayal of Ukraine
The Trump administration’s falsehoods over the war are doing profound damage to America’s global standing

The 14 Fortune 500 stocks most exposed to the tariff war
Tariff uncertainty is roiling the markets and leaving major companies in a state of heightened alert. The global stock market ...