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U.S. launches fresh Section 301 probes into 60 economies over forced-labor trade practices
Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images The U.S. on Thursday launched new trade investigations into 60 economies to determine whether they failed to curb imports of goods made with […]
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Trump tariffs: Martin Heinrich bill would give families tax rebate for higher import costs
Sen. Martin Heinrich (D-NM) sits in a Monarch MK-V Electric Tractor during an event showcasing various electric trucks near Capitol Hill on June 7, 2023 in Washington, DC. Drew Angerer | Getty Images Sen. Martin Heinrich, D-N.M., introduced a bill Thursday to create a new tax rebate for individuals and families hit by the cost […]
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Amazon wins court order to block Perplexity’s AI shopping agent
The Perplexity app in the Apple App Store on a smartphone arranged in Washington, June 1, 2025. Stefani Reynolds | Bloomberg | Getty Images A federal judge temporarily blocked startup Perplexity from accessing Amazon‘s site with its Comet artificial intelligence browser, according to court filings. Amazon sued Perplexity in November, alleging the startup took steps […]
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Lego keeps beating the toy industry. Its secret weapon is not what you’d expect
Lego just put up another banner year — with help from a behind-the-scenes secret weapon. The Danish company on Tuesday reported a 12% jump in revenue to 83.5 billion Danish kroner, or $12.9 billion, for fiscal year 2025. Operating profit rose 18% year over year to 22 billion Danish kroner, or $3.4 billion, the company […]
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Trump tariffs: Customs and Border Protection tells judge it can’t comply with refund order
The US Customs and Border Protection (CBP) headquarters in Washington, DC, US, on Wednesday, May 10, 2023. Bloomberg | Bloomberg | Getty Images Read more CNBC politics coverage Eaton on Wednesday ordered CPB to calculate the cost of bringing in shipments into the United States without assessing a tariff, and told the agency to make […]
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Amazon online store suffers outage for some users
An Amazon facility on Amazon Prime Day in the Queens borough of New York, US, on Tuesday, July 8, 2025. Klaus Galiano | Bloomberg | Getty Images Amazon‘s website and shopping app were down for some users on Thursday, leaving consumers unable to check out, access account information or view product prices. Trouble on the […]
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Target is making big changes to win back customers. Here’s what shoppers can expect to see
A sign hangs outside of a Target store on Feb. 10, 2026 in Chicago, Illinois. Scott Olson | Getty Images MINNEAPOLIS — Target customers will soon see changes on the retailer’s shelves, as the company tries to woo back shoppers during a turnaround effort that has started to catch Wall Street’s eye. Among those shifts, […]
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Apple announces MacBook Neo, its first budget laptop in over a decade
Apple MacBook Neo Source: Apple Inc. For years, the cheapest way into the Mac lineup was a $999 laptop. On Wednesday, Apple cut that price nearly in half. The company unveiled the MacBook Neo, a colorful, lightweight laptop powered by an iPhone-grade chip. The launch caps a three-day hardware blitz that has already seen refreshes […]
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Bessent says global 15% tariff starts this week, predicts Trump duties will return to old levels later this year
President Donald Trump’s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday. Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties […]
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Oil prices, Target earnings, the new iPhone and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch. Stock futures are plunging this morning following a mixed session on Wall Street. Here are […]
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