Latest in Tariffs Cost Americans
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AWS now allows prompt caching with 90% cost reduction
AWS added Intelligent Prompt Routing and Prompt Caching to Bedrock in hopes of getting model usage prices down.VentureBeat - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
Small Business Owners Brace for Trump’s Proposed Tariffs
While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.Inc. - Dec. 4 -
Mexico makes largest fentanyl bust as Trump’s tariff threat looms
Drugs seizure comes after US president-elect says he will impose levies if flow of narcotics is not haltedFinancial Times - Dec. 4 -
Biden heading back to U.S. from Angola after highlighting American investments
President Biden has wrapped up his historic trip to Angola after touring a port on Wednesday where the U.S. has invested billions. CBS News White House reporter Willie James Inman has more.CBS News - Dec. 4 -
US trails developed democracies in healthcare costs for older adults
Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...The Guardian - Dec. 4 -
Kendrick Lamar and SZA announce 2025 North American stadium tour
“Not Like Us,” it’s like themABC News - Dec. 4 -
From Chinese Patriot to American Spy: The Unusual Life of John Leung
He had been hailed by Chinese state media as a model for his efforts to promote Beijing’s interests in the United States. He was in fact an F.B.I. informant.The New York Times - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
American families will be big losers if the world ditches the dollar. Here’s what’s at stake.
Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.MarketWatch - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - Dec. 3 -
Indian American family subjected to racist rant on United Airlines bus
An Indian American photographer took a video of a woman verbally attacking him and his children with racist slurs on a United Airlines shuttle bus.NBC News - Dec. 3 -
Three-fourths of Americans think media is biased: Pew
More than three-quarters of U.S. adults say that news organizations are biased when presenting news on social and political issues, according to a new survey. The survey from the Pew Research ...The Hill - Dec. 3 -
‘You’re not American’: Racist rant caught on camera after flight to Los Angeles
An Indian American man recorded a woman’s verbal attack against him and his family after they arrived at Los Angeles International Airport and boarded a shuttle bus. Pervez Taufiq said the woman ...NBC News - Dec. 3 -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - Dec. 3 -
How Trump's proposed tariffs could impact your wallet
Proposed tariffs on imported goods could raise prices on items like clothing, toys and household appliances. CBS News MoneyWatch correspondent Kelly O'Grady explains the potential impact on ...CBS News - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
United Airlines CEO talks flight junk fees, Trump's potential tariffs
United Airlines CEO Scott Kirby speaks to "CBS Mornings" about the potential impact of new trade tariffs on fares as U.S. airports saw a record number of flyers at the end of Thanksgiving weekend, ...CBS News - Dec. 3 -
Eye Opener: Millions of Americans impacted by massive winter storm
Winter storm blankets eastern North America in heavy snow, with more to come. Also, President Biden is criticized by both parties for pardoning his son Hunter Biden. All that and all that matters ...CBS News - Dec. 3 -
How an American steel takeover became a political firestorm
A Japanese company’s plan to buy US Steel is challenging the country’s long-standing policy towards foreign investmentFinancial Times - Dec. 3 -
How a Syrian Rebel Went From an American Jail to Seizing Aleppo
Once affiliated with Islamic State and al Qaeda, rebel leader Abu Mohammed al-Jawlani professes religious tolerance. Many have doubts.The Wall Street Journal - Dec. 2 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - Dec. 2 -
What to know about the Smoot-Hawley tariffs and their role in the Great Depression
The measure helped worsen the Great Depression, experts said.ABC News - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.CBS News - Dec. 2 -
Ontario’s ad campaign seeks to counter Trump tariffs threat
Canadian province is US’s third-biggest trade partner and its automotive industry is intertwined with that of its southern neighbourFinancial Times - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2 -
Trump Wants to Shake Up Health Care. Many Americans Don’t Mind.
Some voters galvanized by Robert F. Kennedy Jr.’s pledge to “Make America Healthy Again” said they believed the health establishment was dismissive and even corrupt.The New York Times - Dec. 2