Reaching the six-figure salary threshold may be considered a financial victory for many Americans, but in a many big U.S. cities the once aspirational milestone just doesn’t cut it anymore. In one out of four large metro areas in the United States, a family of three with a household income of $100,000 will still struggle […]
25 U.S. cities where a $100,000 a year isn't enough to get by anymore Read More »
Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning of emails the Facebook founder wrote about why he wanted to acquire Instagram, as a historic antitrust trial alleging Meta illegally monopolized the social media market went into its second day. Zuckerberg returned to the witness stand on Tuesday to
Meta CEO Zuckerberg pushes back against FTC claims on Day 2 of trial Read More »
The Chinese government has told the country’s domestic airlines to stop accepting deliveries of Boeing jets as a trade war between the world’s two largest economies escalates, Bloomberg News reports. China is also instructing its carriers to stop buying airline parts and other components from U.S. companies, according to Bloomberg, which cited people familiar with the
China orders its airlines to stop accepting Boeing jets, report says Read More »
If you’re still scrambling to get your taxes filed before the April 15 deadline, an extension can take the pressure off. Normally, the IRS recommends that people file their income tax return as early as possible. But that’s not always feasible, whether because of personal circumstances or a complicated tax situation. For those in a bind,
How to request a tax extension from the IRS Read More »
Starbucks on Monday announced a new dress code for its baristas, part of CEO Brian Niccol’s efforts to overhaul the coffee giant’s image. The new uniform guidelines are designed to make the company’s “iconic green apron” stand out more, and “create a sense of familiarity for our customers” at all Starbucks locations across North America,
Starbucks is changing its barista dress code. Here's the new look. Read More »
Stocks rallied for a second consecutive trading day after electronics including smartphones and computers were exempted from the Trump administration’s punishing tariffs on imports from goods made in China, giving some breathing room to stocks including Apple and Nvidia. The S&P 500 jumped 42 points, or 0.8%, to 5,406 on Monday, while the Dow Jones
Stocks rally after tariff reprieve on tech companies including Apple Read More »
President Trump on Monday suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector to give carmakers time to overhaul their complex supply chains. Mr. Trump told reporters gathered in the Oval Office that automakers “need a little bit of time” to relocate production from Canada, Mexico and elsewhere to
Trump considers pause on auto tariffs, says carmakers need more time Read More »
Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, is facing off with the Federal Trade Commission on Monday, for Day 1 of a landmark antitrust trial that could result in the tech giant’s breakup. The historic trial will be the first big test of President Trump’s FTC’s ability to challenge Big Tech. The
Meta heads to court for landmark antitrust trial. Here's what to know. Read More »
Amid a tumultuous week in the markets, the outlook on President Trump’s trade and tariff policy hinges not just on what Americans think will happen, but when. People split on whether they believe Mr. Trump has a clear plan, and most don’t think the tariffs will be permanent — rather that he’s using them to
Trump tariff plans bring wide concern about financial impact — CBS News poll Read More »
Smartphones, computers and other electronics have been exempted from the Trump administration’s escalating trade war with China. According to a notice published late Friday by the U.S. Customs and Border Protection office, a host of popular high-tech products germane to the American consumer won’t be subject to tariffs and will buffer the public from cost increases for
U.S. exempts smartphones, computers from global Trump tariffs Read More »
