Business
Prices for common baby items are rising due to Trump’s tariffs, congressional analysis says
Baby car seat carriers for sale at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Bloomberg | Bloomberg | Getty Images The cost of some baby gear has risen in recent weeks due to President Donald Trump’s tariff policies, according to a new congressional report. The cost of five common […]
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Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters The Federal Reserve’s inspector general is reviewing the Trump administration’s attempts to lay off nearly all Consumer Financial Protection Bureau employees and cancel the agency’s […]
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Most retail executives expect Trump to walk back ‘reciprocal’ tariffs, survey finds
A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters Even retail executives are bullish on the “TACO trade.” Following weeks of shifting trade policy, early deals and winding court challenges, some retail executives are starting to feel more […]
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Family offices are struggling to recruit and retain staff, and salary isn’t the biggest challenge
Key Points About two-thirds of the private investment firms of the ultra-wealthy report challenges hiring and retaining key staff, according to a new survey. There is a shrinking pool of talent, and many employees don’t see long-term career potentials at family offices. Here’s what family offices can do to compete in the talent war. A […]
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RFK Jr. names some vaccine critics to key CDC committee after ousting entire panel
Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday named eight new members to a crucial government panel of vaccine advisors after firing the entire group just days earlier. His picks include some well-known vaccine critics, including Dr. Robert Malone. The new members will join the Advisory Committee on Immunization Practices, or ACIP, […]
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Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions Committee hearing to answer questions about the company’s compliance with labor law on Capitol Hill in Washington., U.S., March 29, 2023. Julia Nikhinson | Reuters LAS VEGAS, NEV. — Former Starbucks CEO Howard Schultz said […]
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State AGs led by NY’s Letitia James pressure Meta to clean up investment scams on Facebook
New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City. Michael M. Santiago | Getty Images A group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook that fraudulently use […]
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Women’s Tennis Association unveils rule protecting players’ rankings during fertility procedures
Sloane Stephens looks on against Madison Keys during the Charlotte Invitational at Spectrum Center on December 06, 2024 in Charlotte, North Carolina. Jacob Kupferman | Getty Images The Women’s Tennis Association has introduced a rule allowing players to protect their rankings during fertility treatments. The policy means that players can step away from professional tennis […]
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Starbucks to roll out Microsoft Azure OpenAI assistant for baristas
Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike Blake Mike Blake | Reuters Starbucks plans to roll out a generative artificial intelligence assistant created with Microsoft Azure’s OpenAI platform to 35 locations this month as part of its strategy to simplify baristas’ jobs and speed up […]
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In China, fears grow of an EV financial crisis amid pricing war
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of […]
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