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Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly triple the expected increase figure.CNBC - 14h -
Meghan, Duchess of Sussex, on the Best Business Advice She’s Ever Received
She shares her favorite productivity hack that’s come in handy while building As Ever.Inc. - 15h -
Pizza Hut, Chili’s, Olive Garden: The Death of the Middle-Class Restaurant
The boom in American sit-down chains has come and gone. What replaced them isn’t so great for human connection.The New York Times - 16h -
Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.
The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.The New York Times - 16h -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 16h -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 16h -
Thousands of Federal Workers Are Losing Their Jobs. That’s a Golden Opportunity for Small Businesses Looking for Talent
A recruiting expert explains how small businesses can find and hire fired federal workers with valuable, in-demand skills.Inc. - 16h -
Steve Jobs Said Perseverance Separates Doers From Dreamers. New Research Shows How to Be More Resilient
According to the Apple co-founder, perseverance matters most. Fortunately, there’s a simple way to develop greater resilience.Inc. - 16h -
Grocery Shoppers Will Feel the Tariffs First in Produce
Higher prices could also be coming soon for seafood, sugar and coffee. But it may be a while before importers and retailers can gauge the effects of the new fees.The New York Times - 23h -
Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China
A nonprofit group said the president misapplied a law in imposing those levies and portrayed its filing as the first lawsuit to challenge the Trump administration over its tariffs.The New York Times - 23h -
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.The New York Times - 1d -
Radhika Jones, Vanity Fair’s Top Editor, Steps Down
Ms. Jones has led the gilded magazine of culture, business and politics since 2017.The New York Times - 1d -
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.The New York Times - 1d -
Energy Department Invites AI Development at Los Alamos and Other Federal Lands
The DOE says that there are 16 federal sites that would be ideal places for tech companies to build AI data centers.Inc. - 1d -
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.The New York Times - 1d -
Oil Producers Follow Trump’s Tariffs With a Surprise Increase
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.The New York Times - 1d -
An Entrepreneur’s Action Plan for Surviving Trump’s Tariffs
Here are some practical strategies to pivot, protect your margins, and thrive in uncertain times.Inc. - 1d -
It’s Official: The Duty-Free Exemption on Small Shipments From China Expires May 2
The rule exempts packages worth less than $800. It’s used by fast fashion giants Shein and Temu—and a lot of small American companies that drop-ship from overseas warehouses.Inc. - 1d -
‘Oh, Sh*t’: Entrepreneurs Are Hurting Over Trump’s Trade War
Wednesday’s so-called ‘Liberation Day’ unveiled sweeping tariffs that has left the world stunned. Founders are now trying to figure out how to navigate Trump’s choppy tariff waters.Inc. - 1d -
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.The New York Times - 1d -
While Competitors Contend With Tariffs, Ford Is Cutting Prices Even Deeper
The auto company has rolled out a promotional program to all U.S. shoppers.Inc. - 1d -
Glen Powell Wants to Come to Your Backyard Barbecue
The actor teamed up with two startup veterans to launch an organic condiment brand, Smash Kitchen.Inc. - 1d -
Capital One Deal for Discover Clears Justice Dept. Hurdle
The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.The New York Times - 1d -
Women Created Half of New Businesses Registered in 2024, a Milestone
Payroll company Gusto’s annual report found women launched 49 percent of all new companies in 2024, with minority entrepreneurship and first-year profitability levels also on the rise.Inc. - 1d -
Blue-Collar Workers Feel Unhappy and Underpaid, a Survey Finds
A recent study finds 1 in 4 U.S. workers in manual, industrial roles feel less satisfied with their jobs than other categories of employees.Inc. - 1d -
Nike, Lululemon and Other Consumer Stocks Hit Hard by Trump’s Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.The New York Times - 1d -
Jobless Claim Rate Stays Stable Despite Mass Federal Layoffs
New Labor Department data show private businesses are avoiding mass firings, but the many federal layoffs haven’t translated into new claims.Inc. - 1d -
New EEOC Chief’s DEI Investigations Draw Outcries
Andrea Lucas’s pressure campaigns, especially against big law firms, are rebuked by lawyers and other experts. ‘This isn’t how the EEOC works,’ says one critic.Inc. - 1d -
Take a Look at Trump’s Actual Tariff Math, and You’ll See How Bad It Really Is
What the tariff rates Trump rolled out yesterday made clear is that his goal isn’t, ultimately, to bring down trade barriers.Inc. - 1d -
More Than 500 Law Firms Back Perkins Coie in Fight With Trump
The firms signed a legal brief supporting Perkins Coie, calling the president’s actions a threat “to the rule of law.” The largest firms declined to sign.The New York Times - 3h -
Investors Recoil From Trump’s Pledge to Remake the Global Economy
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.The New York Times - 3h -
Microsoft birthday celebration interrupted by employees protesting use of AI by Israeli military
Microsoft's 50th birthday celebration was interrupted by multiple protesters on Friday due the use of the company's AI by the Israeli military.CNBC - 4h -
Big Tech, banks and small caps end week in bear market territory
Fed chief Jay Powell warns that Trump’s levies will slow US growth and increase inflationFinancial Times - 4h -
10-year Treasury yield falls on fear that trade war will lead to recession
U.S. Treasury yields continued to plummet as investors digested the aftermath of U.S. President Donald Trump's aggressive "reciprocal tariff" policy rollout.CNBC - 5h -
The Trade War is On. Is This 3D Printing’s Moment?
While the president expressed optimism over the tariff prognosis for America, entrepreneurs don’t feel similarly–and are desperately assessing their options.Inc. - 5h -
Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs
Shares of some of the world's biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.CNBC - 7h -
Markets tumble as China announces 34% retaliatory tariffs on US imports
Trump says Beijing ‘panicked’ and vows not to back downFinancial Times - 7h -
As Microsoft turns 50, Nadella sees future success built on ability to 'win the new'
Microsoft is in a strong position 50 years into its existence, but regulations and competitive pressures in artificial intelligence challenge future growth.CNBC - 7h -
Jim Cramer identifies 4 stocks to consider buying as market plummets
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 8h -
Trump talking to Vietnam about a tariff deal is a good sign for the stock market
This sign that the president is listening to foreign leaders has us more constructive about the market and this manufactured selloff.CNBC - 8h