
Articles
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1 week ago |
scrippsnews.com | Simon Kaufman |Alexandra Miller
E-commerce platforms are finding themselves in the crosshairs of President Trump's new trade war. China-founded online marketplaces Shein and Temu announced that beginning April 25 they'll bump up some prices "due to recent changes in global trade rules and tariffs."The two e-commerce rivals released nearly identical statements announcing their decisions.
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1 week ago |
scrippsnews.com | Simon Kaufman |Maya Rodriguez
The federal government froze more than $2.2 billion in grants to Harvard University after the school said it won't comply with a list of demands from the Trump administration over alleged violations of civil rights laws. The White House claims its demands are needed to fight antisemitism on campus, but in a letter the administration sent to Harvard on Friday, it gives a list of demands that goes far beyond that.
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1 week ago |
scrippsnews.com | Simon Kaufman |Ava-joye Burnett
Gas prices are dropping ahead of the summer travel season and experts say they'll likely stay low through this year. The national average price for a gallon of gas on Monday was $3.13, according to GasBuddy. That's down eight cents over the past week and down nearly 50 cents from a year ago. Typically, this time of the year is when the price of gas starts to climb.
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1 week ago |
scrippsnews.com | Simon Kaufman |Dan Grossman
The back-and-forth U.S.-China tariffs escalation shows no sign of slowing down. The U.S. has now imposed tariffs of 145% on goods from China. Beijing countered by raising tariffs on American imports to 125%. "This is two very large countries going at each other. And if it doesn't stop very quickly, then I don't think it's going to stop really at all," said economist Sasha Tomic. Consumers are already starting to see the impacts. Take Chinese tech company Anker.
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1 week ago |
kbzk.com | Simon Kaufman |Dan Grossman
The back-and-forth U.S.-China tariffs escalation shows no sign of slowing down. The U.S. has now imposed tariffs of 145% on goods from China. Beijing countered by raising tariffs on American imports to 125%. "This is two very large countries going at each other. And if it doesn't stop very quickly, then I don't think it's going to stop really at all," said economist Sasha Tomic. Consumers are already starting to see the impacts. Take Chinese tech company Anker.
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