Business category, Page 34

BANGKOK — China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday. Beijing also added an array of countermeasures after U.S. President Donald Trump raised the total tariff on...

BANGKOK — Asian shares sank again on Wednesday as the latest set of U.S. tariffs, including a 104% levy on Chinese imports, went into effect. Japan’s Nikkei 225 index initially lost nearly 4% and markets elsewhere in the region also declined. On Tuesday, the S&P 500 dropped 1.6% after wiping...

Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday once the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice. Ridgeland, Mississippi-based Cal-Maine said it received notice of the investigation into egg price increases last month. Cal-Maine said...

The tariff steamroller ran over the stocks of some good companies in the first quarter and early April. That provides lots of candidates for my Casualty List, a roster of stocks that have been hit hard and that I believe have excellent recovery potential. The basic idea in investing is...

As television station owners gathered in Las Vegas this week for the annual National Association of Broadcasters convention, they sent an urgent message to Washington that could be summed up in one word — “Help.” Streaming video has siphoned away the traditional viewing audience. Advertisers have shifted their budgets to...

If you feel like Western Pennsylvanians pay more for gasoline, you’re right. You can blame geography, experts say. Within the state — already home to the nation’s ninth-most expensive gasoline and the country’s third-highest gas tax — fuel costs more in the Pittsburgh region than almost anywhere, including the Philadelphia...

WASHINGTON — President Donald Trump on Tuesday signed a series of executive orders aimed at boosting the struggling coal industry, a reliable but polluting energy source that’s long been in decline. Under the four orders, Trump uses his emergency authority to allow some older coal-fired power plants set for retirement...

Beyond the emotional strain of a “gray divorce,” managing your finances is critical. The first step is hiring an experienced divorce attorney. Although it might be tempting to avoid legal fees, going without professional guidance could cost you more in the long run. Additionally, understanding the key financial and tax...

Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel’s proposed bid to buy U.S. Steel for nearly $15 billion. President Joe Biden blocked the deal just before leaving office and Trump had vowed to do the same...

Colossal Biosciences Inc., a Dallas-based biotech firm with a $10 billion valuation, has announced a new breakthrough in its audacious mission to resurrect extinct animals. The company said Monday it’s created three dire wolves, a species popularized by the fantasy series “Game of Thrones” but not seen on Earth in...

U.S. Sen. Dave McCormick said Monday after touring an East Pittsburgh manufacturing facility that it’s too soon to pass judgment on the sweeping tariffs imposed last week by President Donald Trump. “There’s a lot of uncertainty (over the tariffs) right now. I think over the coming days and weeks a...

NEW YORK — Wall Street could soon be in the claws of another bear market as the Trump administration’s tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. The last bear market happened in 2022, but this decline feels...

A Pittsburgh-based aerospace company that makes parts used on passenger jets may stop taking orders because of tariffs, according to a report from Reuters. A spokesman for Howmet Aerospace declined comment to TribLive, but they did not refute the story based upon a letter viewed by Reuters. Howmet was invoking...

NEW YORK — Stocks careened through a manic Monday after President Donald Trump threatened to crank his tariffs higher, despite a stunning display showing how dearly Wall Street wants him to do the opposite. The S&P 500 slipped 0.2% at the end of a day full of heart-racing reversals as...

Michelle Trumble of Indiana Township is a marrying machine. “I’m a hopeless romantic,” Trumble said of her wedding officiant occupation of 16 years. When Trumble faced difficulties booking a suitable wedding officiant for her second wedding, she recognized the need for a professional and versatile wedding officiant in the Pittsburgh...

WASHINGTON — After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats this week by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States. Global markets cratered the...

LOS ANGELES — This spring homebuying season is shaping up to be more favorable for home shoppers than it’s been in recent years — as long as they can afford to buy. Home prices are rising more slowly. Mortgage rates remain elevated, but have been mostly easing and could be...

BANGKOK — Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing. U.S. futures also signaled further weakness. The future for the S&P 500 lost 2.5% while that for the Dow Jones Industrial Average shed 2.1%....

About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their economies keep growing. The push to zero out the income tax is...

LONDON — The maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as Britain’s struggling auto industry begins to respond to the 25% tax on vehicle imports imposed by President Donald Trump. Jaguar Land Rover Automotive, one of Britain’s biggest carmakers, said Saturday that the pause...

The Rev. Al Sharpton is giving PepsiCo three weeks to meet with him — or suffer a boycott — to discuss reversing the company’s recent move to do away with its diversity, equity and inclusion initiatives, according to a letter shared with the Associated Press. On Friday, Sharpton wrote to...

NEW YORK — Most of the numbers on Wall Street this week were bright red, but not all of them. Companies that focus on food, health care and other necessities gained ground or held relatively stable, despite a slump in the broader stock market over worries about an escalating trade...

NEW YORK — Wall Street’s worst crisis since covid slammed into a higher, scarier gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week. The move increased the stakes in a trade war that could end with a recession...

WEST PALM BEACH, Fla. — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership. Congress had mandated...