Latest in Trump's China tariffs are likely to drive up drug prices and spur shortages
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Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’
As inauguration day approaches, consumers scooping up iPads, building supplies, shelf-stable foods and electric cars. Tablets and appliances made in China, hybrid cars built in Canada, European ...The Guardian - Jan. 11 -
TikTok ban likely to be upheld by Supreme Court, putting pressure on Trump
The Supreme Court on Friday heard oral arguments in the case involving the future of TikTok in the U.S., which could ban the app as soon as next week.CNBC - Jan. 10 -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - Jan. 10 -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - Jan. 10 -
Trump says he and Obama 'probably do' like each other
President-elect Donald Trump said that he and former President Barack Obama "probably do" like each other following Jimmy Carter's funeral.NBC News - Jan. 10 -
The CEOs Who Are Tearing Up the Policies Trump Hates
Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; ‘EVERYBODY WANTS TO BE MY FRIEND!!!’The Wall Street Journal - Jan. 9 -
Xi to send top-level China envoy to Trump’s inauguration
Unusual diplomatic overture comes as Beijing braces for escalating tensions with new administrationFinancial Times - Jan. 9 -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - Jan. 9 -
Trump calls on Newsom to ‘open up the water main’
In a post online Thursday, President-elect Trump called on California Gov. Gavin Newsom (D) to “open up the water main” as fires in Los Angeles continue to rage. “Governor Gavin Newscum should ...The Hill - Jan. 9 -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - Jan. 9 -
Pressure on China and pure 'trolling': Why Trump is pushing an expansionist agenda
In the final weeks before Donald Trump returns to the White House, the focus of his public remarks has been on acquiring Canada, Greeland and the Panama Canal.NBC News - Jan. 9 -
China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Panama Canal chief dismisses Trump’s claims on China, fees
The Panama Canal Authority chief dismissed President-elect Trump’s claims that China is controlling the trade route and criticized his comments about fees. Ricaurte Vásquez Morales told The Wall ...The Hill - Jan. 8 -
These 4 Factors Are Driving Up Worker Productivity
U.S. businesses are benefitting from hybrid work, fewer meetings, better AI use, and more startups, increasing total output and offsetting post-pandemic wage increases.Inc. - Jan. 8 -
What could Trump’s ‘big, beautiful bill’ look like?
President-elect Trump said that Republicans are working to craft a “powerful” piece of legislation to advance his agenda. Republicans had already begun preparing to use a special procedure known as ...The Hill - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Schiff on Trump effort to block special counsel report: 'No shortage of nerve'
Sen. Adam Schiff (D-Calif.) said President-elect Trump has “no shortage of nerve” for asking Attorney General Merrick Garland to block the release of special counsel Jack Smith’s final report on ...The Hill - Jan. 7 -
IV fluid shortage likely to extend into early 2025
This is a MedPage Today story. In late September, Hurricane Helene damaged a major supplier of intravenous (IV) fluids. In this report, we follow up on what has happened since. Hurricane Helene ...ABC News - Jan. 7 -
Will Trump stand up to Russia and China, or appease their lust for power?
The world will soon see either a resolute or an appeasing Trump.The Hill - Jan. 7 -
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?
Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.NBC News - Jan. 7 -
Controversial Trump picks like Sebastian Gorka likely to bypass Senate scrutiny
Sebastian Gorka failed security screenings during Trump's first term, but could return as White House counterterrorism chief.CBS News - Jan. 7 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Davis and Zalatoris pay price of wrong ball mix-up
Cameron Davis and Will Zalatoris miss out on thousands of pounds in prize money after a mix-up at The Sentry tournament in Hawaii.Yahoo Sports - Jan. 6 -
Harris to Certify Trump’s Victory, and Driving in Manhattan Gets Pricier
Plus, you probably haven’t seen the Golden Globe winners.The New York Times - Jan. 6 -
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
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China’s drive to give Taiwanese visitors local IDs alarms Taipei
Officials fear jurisdiction will be compromised and push could open door for Beijing to intervene in its domestic affairsFinancial Times - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
China fires shot across Trump's bow with defense sanctions
China’s decision this week to slap several major U.S. defense firms with penalizing trade measures is being viewed as a “shot across the bow” ahead of President-elect Trump’s inauguration. The move ...The Hill - Jan. 5