Latest in Tariffs Impact Finances
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Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South KoreaFinancial Times - Jan. 9 -
How car loans became Britain’s latest consumer finance scandal
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to creditFinancial Times - Jan. 9 -
How weather is impacting the spread of the Southern California wildfires
Powerful Santa Ana winds, coupled with bone-dry conditions, created the perfect conditions for the wildfires that have scorched Los Angeles County this week. Downtown L.A. has received just over a ...CBS News - Jan. 8 -
Tariff threat looms over the year's biggest electronics show
Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.NBC News - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - Jan. 8 -
Kawhi Leonard stepping away from Clippers to be with family impacted by Los Angeles fires
Kawhi Leonard's family is safe in Los Angeles after having to evacuate due to the fires in the region this week.Yahoo Sports - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - Jan. 8 -
Biden: Impact from California wildfires is 'astounding'
President Biden spoke after receiving a briefing from officials in California about the spreading wildfires. Biden pledged federal support for those impacted, mentioned that his sons' home may have ...NBC News - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8 -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - Jan. 8 -
Los Angeles wildfires: Vikings-Rams wild-card playoff moved, Lakers game postponed as coaches, athletes are impacted by fires
Two NBA coaches have been affected by the wildfires in Southern California.Yahoo Sports - 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 -
How Jaguars firing Doug Pederson impacts franchise QB Trevor Lawrence
Owner Shad Khan will be seeking his sixth head coach since he purchased the team in 2011.ESPN - Jan. 7 -
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 -
National Day of Mourning: What is it, and how will it impact you?
President Biden declared Thursday as a National Day of Mourning. Here's what to know about the day.The Hill - Jan. 7 -
Winter storm dumps record-setting snow in parts of the U.S., impacting thousands of flights
Airports from the Midwest to the East Coast were impacted Monday as record snow fell in parts of the U.S. More than 9,500 flights were delayed nationwide. CBS News senior transportation ...CBS News - 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 -
Amanda Gorman on why new book is a tribute to women's impact and resilience
Poet Amanda Gorman shares her new children's book, "Girls on the Rise," celebrating women's achievements and encouraging young girls to embrace their power to change the world.CBS News - Jan. 7 -
Sérgio Conceição sees instant impact in Milan’s Supercoppa derby triumph
New Rossoneri coach is regarded as a hard, emotionless taskmaster but Monday’s win prompted cigars and hugs. Sérgio Conceição warned us on Friday that “I don’t like to give out hugs”, but sometimes ...The Guardian - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - 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 -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - Jan. 6 -
5 Supreme Court Cases That Could Have a Big Impact on Small Businesses in 2025
These cases will shape business decisions for years to come, according to legal experts.Inc. - Jan. 6 -
College Football Playoff 2025: Jeremiah Smith vaults to top of 10 most impactful players ahead of semifinals
Having offensive playmakers against four quality defenses is key, and the Buckeyes have the top oneCBS Sports - 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 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - 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 -
Trump’s tariff policy claims its first victim with Trudeau resignation
President-elect Donald Trump’s tariff policy has claimed its first victim before the president even returned to office.MarketWatch - Jan. 6 -
Tiger Woods rakes in top payout from 2024 PGA Tour Player Impact Program ahead of Scottie Scheffler
Despite a lighter playing schedule, Woods remains the most popular figure on the PGA TourCBS Sports - Jan. 6 -
Report: Tiger Woods wins final Player Impact Program, $10 million
Woods finished first for the third time in four years of the program, which was designed to reward the needle-movers but will be replaced by the Player Equity Program this year.Yahoo Sports - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Massive winter storm impacts millions from the Midwest to the East Coast
More than 30 million people are under winter storm warnings and at least eight states have declared states of emergency for a massive winter storm impacting millions from the Midwest to the East ...CBS News - Jan. 6 -
Talk of future did not impact Alexander-Arnold - Van Dijk
Liverpool captain Virgil van Dijk does not believe team-mate Trent Alexander-Arnold's poor performance against Manchester United was because the right-back was impacted by talk about his future.BBC News - Jan. 6 -
How the winter storm impacted travelers returning from New Year's holiday
The end of a record-breaking holiday travel stretch is being met with the first major winter storm of the year. Snow, ice and frigid temperatures wreaked havoc on roads across the Midwest over the ...CBS News - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
‘Financial suffocation’: Argentina’s medics fear impact of Milei’s chainsaw cuts
Workers at main paediatric hospital say quality of care is threatened by president’s economic policy. The Garrahan paediatric hospital in Buenos Aires swarms with patients, parents and medical ...The Guardian - Jan. 6 -
57 million impacted by snow and ice, with winter storms warnings from St. Louis to Washington
As the major winter storm moves toward the mid-Atlantic coast, 57 million people are impacted by winter weather alerts. NBC News meteorologist Michelle Grossman has all the details on Early Today.NBC News - Jan. 6 -
Cowboys' Jerry Jones claims Cooper Rush's incentives didn't impact QB switch: 'I didn't even know about it'
Rush, who had started every game since Dak Prescott's hamstring injury, was replaced as the starter by Trey Lance vs. the CommandersCBS Sports - Jan. 6 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5