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Donald Trump’s trade war with Beijing is starting to affect the wider US economy as container port operators and air freight managers report sharp declines in goods transported from China. Logistics groups said container bookings to the US have fallen sharply since the introduction of 145 per cent tariffs on Chinese imports to the US. … Read more
Jonathan Raa | Nurphoto | Getty Images WASHINGTON — Senators Adam Schiff and Elizabeth Warren are warning that President Donald Trump’s private dinner with holders of his meme coin may constitute “pay to play” corruption, and are calling for an ethics investigation. The Democratic senators, from California and Massachusetts, respectively, sent a letter on Friday … Read more
Asset management firm ARK Invest has significantly increased its bullish outlook for Bitcoin (BTC), projecting a potential price of $2.4 million by the end of 2030. The revised target, up from a previous forecast of $1.5 million, reflects growing institutional adoption and Bitcoin’s evolving role as “digital gold,” according to ARK’s latest report released on … Read more
The Coca-Cola Company (NYSE: KO) is all set to report results for the first quarter of 2025, relying on its all-weather strategy to navigate headwinds like high input costs and changing customer behavior. Its strategic approach to packaging and pricing ensures accessibility across all customer segments, from high-income consumers to those on a budget. While … Read more
House Democrats who traveled to El Salvador to seek the release of Kilmar Abrego Garcia have written to Secretary of State Marco Rubio demanding “daily proof of life” after being denied a meeting with the Salvadoran national who was deported from Maryland. Reps. Robert Garcia of California, Maxwell Frost of Florida, Yassamin Ansari of Arizona … Read more
Microsoft’s data center cuts stoke demand fears, but UBS says AI cycle still hot
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Harvard University said it would “not surrender its independence” and pushed back against the US government after Donald Trump’s administration threatened to cancel the visas of its foreign students. The Ivy League university … Read more
Aerial view of the import and export container terminal of Longtan Port on December 26, 2024 in Nanjing, Jiangsu Province of China. China News Service | China News Service | Getty Images U.S. importers are being notified of an increase in canceled sailings by freight ships out of China as ocean carriers try to balance … Read more
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© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more
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