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Swiss watches will face some of the highest U.S. tariffs at 31%—and its ripple effects will change the industry’s dynamic

Steep U.S. tariffs are set to hit Switzerland and its marquee watchmaking industry hard following a 31% levy.  Switzerland, which has famously stayed neutral on most matters, including European integration, faces one of the highest levies on the continent. Its top business lobby has described the levies as “harmful and unjustified.” From cheese to chocolate … Read more

Trump tariffs could climb even further—to the highest since 1872—before they ease again as a cycle of retaliation and escalation plays out

President Donald Trump’s “Liberation Day” tariffs are already sending rates to the steepest levels in a century, but they could go even higher. According to a note from UBS analysts on Friday, the latest salvo of import taxes will send the effective rate to 25%, up from 2.5% before the 2024 election. But it’s not … Read more

Highest paid Deutsche Bank employee in line to earn nearly twice as much as CEO

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank’s highest-paid employee could earn almost twice as much as chief executive Christian Sewing for 2024, as Germany’s largest lender boosted bonuses following a surge in investment banking profits. The number of employees earning … Read more

Which one would have yielded highest profits today?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP, Dogecoin, and Shiba Inu have experienced significant price changes, could emerging projects like Lightchain AI be the next breakout token to outperform these popular altcoins? A year in crypto can make or … Read more

Japan’s inflation rate climbs to 4% in January, highest in two years

A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025.  Philip Fong | Afp | Getty Images Japan’s inflation rate in January climbed to 4%, hitting its highest level since January 2023. Core inflation — which excludes prices of fresh food — rose to 3.2%, beating economists’ expectations of … Read more

US seasonal flu cases skyrocket to highest level in at least 15 years: CDC

Newly released data shows the current U.S. flu season is shattering recent records, topping numbers dating to the early 2000s, when swine flu plagued the country. Numbers released by the Centers for Disease Control and Prevention (CDC) on Friday morning showed nearly 50,000 people were admitted to hospitals with influenza, and 10 children died of … Read more

The hunt for crypto with highest ROI

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the crypto bull run, XRP hits $5 while Catzilla targets 1250% growth, sparking investor excitement. In the midst of the crypto bull run, two digital currencies are catching significant attention. XRP has reached … Read more

Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal ‘virtuous cycle’ in play

Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October 23, 2024.  Kaylee Greenlee Beal | Reuters The Bank of Japan hiked rates by 25 basis points Friday … Read more

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