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When I started hiking, big leather boots were the only real option. They were burly, stiff, and difficult to break in, but one pair would last you decades. Technology has mercifully caught up, however. If you head to the trails today, most hikers and backpackers are opting for more lightweight, low-cut options. While an influx … Read more
President Donald Trump said Friday that he will impose an additional 100% tariff on China and limit U.S. exports of software, escalating the trade war after months of it appearing to ease toward a resolution. The latest salvo came after China restricted its exports of rare earths, which are critical minerals used across industries, from … Read more
President Donald Trump on Friday threatened to slap a “massive increase of Tariffs” on Chinese products imported into the United States to “financially counter” new export controls that China imposed on rare earths from that country. Trump also threatened in a social media post to cancel his upcoming meeting with Chinese President Xi Jinping because … Read more
Shubra Singh’s Saturday night dinner at a bar in Pittsburgh was ruined by the White House. Her eight Indian friends at the table, all techies on H-1B visas, were glued to their phones as they tried to get more information about U.S President Donald Trump’s latest move to raise fees for H-1B visa applications. Their … Read more
Hike, once one of India’s most valuable startups with unicorn status, has become the latest casualty of New Delhi’s recent real-money gaming ban, with the company — led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal — now shutting down. On Saturday, Hike founder Mittal (pictured above) said that the startup’s U.S. … Read more
Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales. Oil ministers in the V8 grouping — comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman … Read more
Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President Donald Trump’s tax and spending legislation. Thanks to their support, when Trump signed the bill into law on July 4, taxes went up on … Read more
President Donald Trump said in a Thursday letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance. The letter to Canadian Prime Minister Mark Carney is an aggressive increase to the top 25% tariff rates … Read more
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance on Saturday agreed to lift their collective crude production by 548,00 barrels per day, as they … Read more
U.S. President Donald Trump attends a meeting with NATO Secretary General Jens Stoltenberg ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. Kevin Lamarque | Reuters Before this week’s annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product … Read more
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