NY Post - Business
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General Motors laying off 200 employees in Detroit EV factory as it adjusts production
About 200 workers at the plant will be temporarily laid off, according to a company source. The move is not related to recently imposed auto...
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What financial advisers are telling clients about their 401(k)s amid wild Wall Street volatility
Wild fluctuations on Wall Street have left people hesitating before taking a peek at their 401(k) accounts.
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Prada buys Versace for $1.4B to create Italian fashion powerhouse: ‘Huge potential’
The merger strengthens Italy's hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner LVMH.
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Dow plunges more than 1,400 points after historic rally on Trump’s tariff pause
While Trump on Wednesday paused the punishing "reciprocal" tariffs that had threatened a global trade war, he still left 10% levies in place...
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Inflation slows more than expected in March — but threat of higher prices still looms
US inflation slowed more than expected in March, even as President Trump's tariff war kicked off.
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EU pauses US tariffs for 90 days following Trump’s hold
The European Union will pause its first countermeasures against U.S. tariffs after President Trump temporarily lowered the hefty duties he had just...
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New study accuses Amazon of skirting state law by allowing minors to purchase these dangerous items
A new report claimed that Amazon did not comply with California law.
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Magnificent Seven adds whopping $1.5T in value as Trump pauses sweeping tariffs
The gains did not erase the $3.4 trillion in value the companies have collectively shed since their peak in late 2024. But the reprieve gave...
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US Steel shares tumble after Trump says he doesn’t want company sold to Japan’s Nippon
The comment appeared to contradict recent actions by the Trump administration. On Monday, Trump directed a national security panel to take a fresh...
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NYC-area importers are riding out the ‘storm before the calm’ as Trump’s tariffs start to hit — even with his pause
The Port Newark Container Terminal was going full-out on Wednesday after President Trump's punishing tariffs kicked in — as shippers, retailers and...
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Why Trump decided to take the win and paused tariff war
Donald Trump finally decided to take the proverbial “win” on trade and the stock market rallied nearly 3,000 points.
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What does China import from the US? Here’s what could be hit by retaliatory tariffs
China's stiff retaliatory tariffs could hit companies from Coca-Cola to Boeing.