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Amazon joins bidding war for TikTok as deadline for sale approaches: Sources - ABC News

ABC NewsABC News
Oil's slide is an early verdict on Trump's tariff rollout - Axios
business

Oil's slide is an early verdict on Trump's tariff rollout - Axios

The quick drop suggests traders see a global economic hit large enough to soften consumption growth.

AxiosBen Geman
Subway’s Footlong Nachos Are Here, and They Come With a Bold Twist - Food & Wine
business

Subway’s Footlong Nachos Are Here, and They Come With a Bold Twist - Food & Wine

Subway is putting a bold twist on classic nachos by serving them on a layer of Doritos. The new Footlong Nachos come loaded with melted cheese, veggies, and your choice of steak or chicken. And for a limited time, Subway rewards members can even snag a free t…

Food & Winehttps://www.facebook.com/foodandwine
US coffee drinkers in for double shot of pain from tariffs - Financial Times
business

US coffee drinkers in for double shot of pain from tariffs - Financial Times

Beans and chocolate prices set to rise as a result of new levies

Financial TimesSusannah Savage
More homes are finally hitting the spring market. Will buyers take the plunge? - NPR
business

More homes are finally hitting the spring market. Will buyers take the plunge? - NPR

After a couple extremely slow years, more inventory is finally hitting the market this spring. But buyers might be put off by high prices and an unsteady economy.

NPR
Layoff announcements surge to the most since the pandemic as Musk's DOGE slices federal labor force - CNBC
business

Layoff announcements surge to the most since the pandemic as Musk's DOGE slices federal labor force - CNBC

The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,

CNBCJeff Cox
DOGE drove layoff announcements to their third-highest-ever level in March - CNN
business

DOGE drove layoff announcements to their third-highest-ever level in March - CNN

More than 275,000 layoffs were announced last month, reaching a level not seen since the pandemic, according to a new report published Thursday.

CNNAlicia Wallace
DOGE’s private contract crackdown has eliminated more than 120 Deloitte contracts—more than twice the amount of any other consultancy - Fortune
business

DOGE’s private contract crackdown has eliminated more than 120 Deloitte contracts—more than twice the amount of any other consultancy - Fortune

Deloitte is one of at least 10 consulting firms with slashed contracts, including Accenture, which has already warned of downstream revenue losses.

FortuneSasha Rogelberg
Trump’s 25% US Auto Import Tariff Takes Effect, Raising Costs - Bloomberg
business

Trump’s 25% US Auto Import Tariff Takes Effect, Raising Costs - Bloomberg

Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars are already reverberating around the globe.

BloombergGabrielle Coppola, Amy Stillman, Stefan Nicola
11 Groceries Getting More Expensive as Massive Tariffs Start Today - Eat This Not That
business

11 Groceries Getting More Expensive as Massive Tariffs Start Today - Eat This Not That

The new tariffs may impact pantry staples such as coconut cream and soy sauce, as well as rice, sugar, salmon, and frozen fish and shellfish.

Eatthis.comFerozan Mast
Will Donald Trump’s ‘liberation day’ tariffs drag US into recession? - Financial Times
business

Will Donald Trump’s ‘liberation day’ tariffs drag US into recession? - Financial Times

President’s move to rip up global trade rule book will hit an economy already losing momentum, say economists

Financial TimesValentina Romei, Sam Fleming
The Race to Get Gold Bars Into the US Is Screeching to a Halt - Bloomberg.com
business

The Race to Get Gold Bars Into the US Is Screeching to a Halt - Bloomberg.com

A massive arbitrage trade that has drawn tens of billions of dollars’ worth of gold and silver to the US came to an abrupt halt with Wednesday’s announcement that precious metals would be exempt from Donald Trump’s sweeping tariffs.

BloombergJack Farchy
Amazon is ready to launch its Starlink competitor - The Verge
business

Amazon is ready to launch its Starlink competitor - The Verge

Amazon will launch the first of 3,200 Project Kuiper space internet satellites next week ahead of service later this year.

The VergeThomas Ricker
Trump tariffs live: Stocks tumble as Trump takes world to brink of full-blown trade war - Financial Times
business

Trump tariffs live: Stocks tumble as Trump takes world to brink of full-blown trade war - Financial Times

President reveals plans to impose 10% universal levies and higher duties on major partners

Financial TimesPeter Wells, Maxine Kelly, Jonathan Wheatley, Zehra Munir, William Sandlund, Alexandra White
How much Nike, Adidas and Puma source from Asian countries including Vietnam - MarketWatch
business

How much Nike, Adidas and Puma source from Asian countries including Vietnam - MarketWatch

Athletic apparel stocks hammered in global trade

MarketWatchSteve Goldstein
Global stocks slide as Trump tariffs hit markets - BBC
business

Global stocks slide as Trump tariffs hit markets - BBC

European shares open lower after falls in Asia, while the gold price hits another record high.

BBC News
Everything is blowing up in Elon Musk’s face - CNN
business

Everything is blowing up in Elon Musk’s face - CNN

All it took was losing $100 billion in three months to make Elon Musk change his tune on government work.

CNNAllison Morrow
Dollar drops as Donald Trump’s tariffs stoke economic fears - Financial Times
business

Dollar drops as Donald Trump’s tariffs stoke economic fears - Financial Times

European and US markets fall sharply as investors react to trade broadside

Financial TimesArjun Neil Alim, Ian Smith
Here's where Apple makes its products — and how Trump's tariffs could have an impact - CNBC
business

Here's where Apple makes its products — and how Trump's tariffs could have an impact - CNBC

China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.

CNBCArjun Kharpal
business

Trump’s Tariffs Were Supposed to Boost the Dollar. Why the Opposite Happened. - WSJ

The Wall Street JournalWSJ