#economic-impact
#economic-impact

Trump's trade war with China has U.S. small businesses with 'nowhere to turn'. Here's why

The Trump administration's tariffs have severely impacted small businesses depending on imports from China, causing significant financial distress.

Europe news

16 minutes ago

Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs

Carmakers are struggling with tariff-related uncertainties impacting future planning and demand forecasts.

Trump Warned by Walmart, Target, and Home Depot CEOs That Disastrous Tariff Policy Will Lead to Empty Shelves'

Trump's tariff policy may shift due to concerns from major retailers over supply chain disruptions.

fromBrooklyn Eagle

AGs from 12 states sue Trump administration over illegal tariffs and overreach

New York and a coalition of states are suing the Trump administration over allegedly illegal tariffs imposed under the International Emergency Economic Powers Act.

12 States Sue Trump Over His Tariffs

States challenge Trump tariffs, claiming only Congress can legislate tariffs.

Lawsuit highlights the economic harm caused by the president's tariff policies.

Marketing tech

fromMiami Herald

Meta Faces Major Problem Amid Tariffs

Meta's ad revenue is at risk of losing $7 billion due to U.S. tariffs on China.

European startups

fromFast Company

Trump's trade war with China has U.S. small businesses with 'nowhere to turn'. Here's why

The Trump administration's tariffs have severely impacted small businesses depending on imports from China, causing significant financial distress.

Europe news

16 minutes ago

Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs

Carmakers are struggling with tariff-related uncertainties impacting future planning and demand forecasts.

Trump Warned by Walmart, Target, and Home Depot CEOs That Disastrous Tariff Policy Will Lead to Empty Shelves'

Trump's tariff policy may shift due to concerns from major retailers over supply chain disruptions.

fromBrooklyn Eagle

AGs from 12 states sue Trump administration over illegal tariffs and overreach

New York and a coalition of states are suing the Trump administration over allegedly illegal tariffs imposed under the International Emergency Economic Powers Act.

12 States Sue Trump Over His Tariffs

States challenge Trump tariffs, claiming only Congress can legislate tariffs.

Lawsuit highlights the economic harm caused by the president's tariff policies.

more#tariffs

#los-angeles

L.A.'s office market takes a hit amid trade wars, fires and economic uncertainty

Tenant demand is weak, causing high office vacancies in Los Angeles, giving tenants more negotiating power against landlords.

Fires, tariffs and high interest rates: L.A. housing construction plunged at start of year

Housing construction in Los Angeles dropped nearly 57% in Q1 2025, exacerbating the city's affordability crisis.

fromEater LA

1 hour ago

London food

A Legendary Chinese Restaurant Suddenly Shutters After 40 Years, and More LA Restaurant Closures to Know

Los Angeles restaurants are struggling with closures due to pandemic impacts, labor strikes, and increasing costs.

L.A.'s office market takes a hit amid trade wars, fires and economic uncertainty

Tenant demand is weak, causing high office vacancies in Los Angeles, giving tenants more negotiating power against landlords.

Fires, tariffs and high interest rates: L.A. housing construction plunged at start of year

Housing construction in Los Angeles dropped nearly 57% in Q1 2025, exacerbating the city's affordability crisis.

fromEater LA

1 hour ago

London food

A Legendary Chinese Restaurant Suddenly Shutters After 40 Years, and More LA Restaurant Closures to Know

Los Angeles restaurants are struggling with closures due to pandemic impacts, labor strikes, and increasing costs.

Snap sinks 15% after withholding guidance, citing ad concerns

Snap Inc. is facing challenges in advertising revenue growth due to economic uncertainty and changes in trade policy.

London

fromTime Out London

7 hours ago

London has been named the best city in the world for sports events

London has been named the world's best city for hosting sporting events and attracted 500,000 fans in 2024.

OMG science

7 hours ago

Trump's Cuts to Science Funding Could Hurt U.S. Economy, Study Shows

Cuts to federal funding for scientific research could cause significant long-term economic decline, comparable to a major recession.

fromTasting Table

22 hours ago

Silicon Valley food

How Gainesville, Georgia, Became The Poultry Capital Of The World - Tasting Table

Gainesville, Georgia is the Poultry Capital of the World due to its large poultry industry and J.D. Jewell's innovations.

#immigration-policy

fromenglish.elpais.com

Economic downturn and immigration policy erode Latino voter support for Trump

Trump's policies have led to significant erosion of Latino voter support since his re-election.

fromABC7 Los Angeles

23 hours ago

US politics

President Donald Trump's executive orders, lawsuits and federal job cuts in his first 100 days

President Trump's first 100 days marked by record executive orders and immense challenges, showcasing significant political and economic implications.

fromenglish.elpais.com

Economic downturn and immigration policy erode Latino voter support for Trump

Trump's policies have led to significant erosion of Latino voter support since his re-election.

fromABC7 Los Angeles

23 hours ago

President Donald Trump's executive orders, lawsuits and federal job cuts in his first 100 days

President Trump's first 100 days marked by record executive orders and immense challenges, showcasing significant political and economic implications.

more#immigration-policy

UK politics

Labour's benefit cuts will cost UK economy billions, charity says

Labour's benefits stance is economically detrimental and exacerbates poverty in the UK.

fromABC7 San Francisco

Canada news

New data: CA tourism plummeted in February and March, including sharp decline from Canada

California tourism is suffering significantly due to a decline in international visitors and rising costs.

Manchester City

fromwww.fourfourtwo.com

'We will play for the people who come to Wembley and for the people who would like to come but cannot' - Pep Guardiola hits back at criticism as Manchester City fail to sell out allocation for FA Cup semi-final

Manchester City faces criticism for low fan turnout despite FA Cup win; Guardiola cites economic struggles affecting attendance.

#us-tariffs

Tech industry

Even untouched by tariffs, UK financial IT braces for blow

US tariffs are likely to impact technology investment beyond directly affected sectors, according to TechMarketView.

European startups

Only 3,000 staff quit SAP after 10,000 earmarked for cuts

SAP has seen 3,000 employees leave due to restructuring and is adapting to global economic uncertainties caused by US tariffs.

Tech industry

Even untouched by tariffs, UK financial IT braces for blow

US tariffs are likely to impact technology investment beyond directly affected sectors, according to TechMarketView.

fromwww.thenorthernecho.co.uk

European startups

Only 3,000 staff quit SAP after 10,000 earmarked for cuts

SAP has seen 3,000 employees leave due to restructuring and is adapting to global economic uncertainties caused by US tariffs.

more#us-tariffs

UK politics

Energy prices could fall from July, lowering bills for millions

Ofgem forecasts a 9% reduction in household energy bills, mainly due to falling gas prices.

Markets Slump on Persistent Concern That Tariffs Will Hurt Growth

President Trump's trade war is impacting global markets, leading to declines in stocks and major currencies.

UK news

US tariff war hurting trade with China; Beijing confident' of hitting growth targets business live

Trump's trade war is causing a decline in US economic performance, prompting businesses and consumers to pull back.

US news

Markets Slump on Persistent Concern That Tariffs Will Hurt Growth

President Trump's trade war is impacting global markets, leading to declines in stocks and major currencies.

UK news

US tariff war hurting trade with China; Beijing confident' of hitting growth targets business live

Trump's trade war is causing a decline in US economic performance, prompting businesses and consumers to pull back.

more#trade-war

fromKqed

East Bay (California)

Potential Valero Refinery Closure Leaves Benicia, State Officials Scrambling to Pick Up Pieces | KQED

Valero's potential closure of the Benicia refinery could severely impact California's oil supply and local economy.

fromHackernoon

1 year ago

4 Issues Exacerbating the Looming AI Chip Shortage | HackerNoon

The AI chip shortage is driven by raw material scarcity and increased demand for computing power.

Understanding the supply chain dynamics is crucial for managing future AI chip production bottlenecks.

Apple

fromFast Company

Why Apple needs Tim Cook more than ever in the age of Trump

Tim Cook should remain Apple CEO until at least January 2029 to navigate economic turmoil and supply chain challenges.

#small-business

fromwww.bbc.com

fromLondon Business News | Londonlovesbusiness.com

UK politics

Hairdresser fears she could lose home over tax hikes

Kerry Larcher, a salon owner, faces severe financial challenges due to rising taxes, risking her business and home.

Privacy professionals

Tax red tape's huge cost to small firms revealed in new report - London Business News | Londonlovesbusiness.com

Small businesses incur nearly £25 billion yearly in tax compliance costs, causing increased stress for owners.

The average small business dedicates significant time and financial resources to tax compliance.

fromwww.bbc.com

fromLondon Business News | Londonlovesbusiness.com

UK politics

Hairdresser fears she could lose home over tax hikes

Kerry Larcher, a salon owner, faces severe financial challenges due to rising taxes, risking her business and home.

Privacy professionals

Tax red tape's huge cost to small firms revealed in new report - London Business News | Londonlovesbusiness.com

Small businesses incur nearly £25 billion yearly in tax compliance costs, causing increased stress for owners.

The average small business dedicates significant time and financial resources to tax compliance.

Airlines' turbulent start to the year shows why budget carriers are racing to overhaul their business models

Major airlines emphasize premium cabins as essential for revenue amid economic uncertainty, while budget carriers are gradually adopting similar strategies.

Kathy Hochul, Letitia James join lawsuit against Trump over tariffs in latest clash with prez

New York officials are legally challenging Trump's tariffs, labeling them as a significant tax hike causing economic turmoil.

fromCurbed

NYC real estate

Too Rich for Tariffs

New York City's luxury real estate market demonstrated resilience despite initial fears from Trump's tariffs.

NYC politics

fromNew York Post

Kathy Hochul, Letitia James join lawsuit against Trump over tariffs in latest clash with prez

New York officials are legally challenging Trump's tariffs, labeling them as a significant tax hike causing economic turmoil.

fromCurbed

NYC real estate

Too Rich for Tariffs

New York City's luxury real estate market demonstrated resilience despite initial fears from Trump's tariffs.

more#trump-tariffs

Tech industry

These Are the Jobs Where Pay is Falling the Fastest

Inflation has severely impacted the purchasing power of American workers despite recent wage growth.

Just 111 companies have cost the world $28 TRILLION in climate damage

A study identifies 111 companies responsible for $28 trillion in climate damage, highlighting the role of fossil fuel companies in the climate crisis.

fromArs Technica

Environment

Can the legal system catch up with climate science?

The study estimates economic damages caused by emissions using models linking climate impact to financial costs.

fromNew York Post

NYC politics

Exclusive | EPA chief Lee Zeldin blasts NY green energy law as 'delusional' and a 'catastrophe'

Critics argue New York's Climate Act lacks a feasible implementation plan, risking economic hardship for vulnerable populations.

Environment

fromMail Online

Just 111 companies have cost the world $28 TRILLION in climate damage

A study identifies 111 companies responsible for $28 trillion in climate damage, highlighting the role of fossil fuel companies in the climate crisis.

fromArs Technica

Environment

Can the legal system catch up with climate science?

The study estimates economic damages caused by emissions using models linking climate impact to financial costs.

fromNew York Post

NYC politics

Exclusive | EPA chief Lee Zeldin blasts NY green energy law as 'delusional' and a 'catastrophe'

Critics argue New York's Climate Act lacks a feasible implementation plan, risking economic hardship for vulnerable populations.

more#climate-change

#tax-policy

fromwww.standard.co.uk

London politics

London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggests

The departure of millionaires from London poses a serious economic challenge for the UK.

US politics

Trump Dismisses Raising Taxes on the Rich Because a Lot of the Millionaires Would Leave the Country'

Trump opposes tax hikes on high earners, citing potential negative impact on revenue if wealthy individuals leave the country.

fromSacramento Bee

SF politics

Republicans say Central Valley congressman voted for higher taxes. Is it true?

Gray voted against a Republican budget plan that could lead to tax cuts for the wealthy, not a direct tax increase.

fromwww.standard.co.uk

London politics

London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggests

The departure of millionaires from London poses a serious economic challenge for the UK.

US politics

Trump Dismisses Raising Taxes on the Rich Because a Lot of the Millionaires Would Leave the Country'

Trump opposes tax hikes on high earners, citing potential negative impact on revenue if wealthy individuals leave the country.

fromSacramento Bee

SF politics

Republicans say Central Valley congressman voted for higher taxes. Is it true?

Gray voted against a Republican budget plan that could lead to tax cuts for the wealthy, not a direct tax increase.

San Francisco

Car crashes in S.F. cost billions, report reveals

San Francisco's vehicle crashes cost $2.5 billion over five years, calling for urgent safety improvements.

fromsfist.com

San Francisco Giants

Major Tennis Tournament, the Laver Cup, Coming to Chase Center In September

The Laver Cup will debut in San Francisco at Chase Center, an exciting event for the local tennis community.

fromMission Local

San Francisco

Car crashes in S.F. cost billions, report reveals

San Francisco's vehicle crashes cost $2.5 billion over five years, calling for urgent safety improvements.

fromsfist.com

San Francisco Giants

Major Tennis Tournament, the Laver Cup, Coming to Chase Center In September

The Laver Cup will debut in San Francisco at Chase Center, an exciting event for the local tennis community.

U.S. Cities Losing the Most Time to Traffic Congestion, and Costing Themselves Millions

U.S. drivers average 43 hours in traffic yearly, costing $771 each; congestion is worst in the Northeast, notably in New York City.

NYC startup

Traffic Congestion Is Holding Back the Economy in These Massive Cities

U.S. drivers are spending an increasing amount of time in traffic, costing them economically and impacting productivity.

fromwww.cbc.ca

Toronto startup

Council approves new plan to ease Toronto congestion, create 'traffic czar' | CBC News

Toronto city council approved measures to address traffic congestion, including a new 'traffic czar' position.

New York City

U.S. Cities Losing the Most Time to Traffic Congestion, and Costing Themselves Millions

U.S. drivers average 43 hours in traffic yearly, costing $771 each; congestion is worst in the Northeast, notably in New York City.

NYC startup

Traffic Congestion Is Holding Back the Economy in These Massive Cities

U.S. drivers are spending an increasing amount of time in traffic, costing them economically and impacting productivity.

fromwww.cbc.ca

Toronto startup

Council approves new plan to ease Toronto congestion, create 'traffic czar' | CBC News

Toronto city council approved measures to address traffic congestion, including a new 'traffic czar' position.

more#traffic-congestion

#trump-administration

fromwww.dw.com

US: States sue Trump administration over tariffs policy DW 04/23/2025

States are suing the Trump administration over its tariff policy, claiming it is unlawful and disruptive to the economy.

Washington Nationals

How Have DOGE Cuts Affected Prince George's and Charles Counties?

Federal job cuts under Trump are threatening the economic stability of wealthy Black communities.

fromwww.dw.com

US: States sue Trump administration over tariffs policy DW 04/23/2025

States are suing the Trump administration over its tariff policy, claiming it is unlawful and disruptive to the economy.

more#trump-administration

Washington Nationals

How Have DOGE Cuts Affected Prince George's and Charles Counties?

Federal job cuts under Trump are threatening the economic stability of wealthy Black communities.

#mortgage-rates

fromwww.housingwire.com

SF real estate

Mortgage demand sinks 13% as rates soar

Mortgage application activity fell last week due to rising rates, with refinance applications down significantly.

fromSFGATE

LA real estate

Mortgage Interest Rates April 17, 2025: Mortgage Rates Swing Up After Bond Sell-Off

Mortgage rates are inching towards 7% amid rising Treasury yields, influenced by global trade tensions, with a notable increase seen this month.

fromwww.housingwire.com

SF real estate

Mortgage demand sinks 13% as rates soar

Mortgage application activity fell last week due to rising rates, with refinance applications down significantly.

fromSFGATE

LA real estate

Mortgage Interest Rates April 17, 2025: Mortgage Rates Swing Up After Bond Sell-Off

Mortgage rates are inching towards 7% amid rising Treasury yields, influenced by global trade tensions, with a notable increase seen this month.

Education Department Restarting Loan Collections for First Time Since 2020

The U.S. Department of Education is restarting student loan collections, including wage garnishments, affecting millions of borrowers facing financial hardship.

NYC parents

Millions of Student Loan Borrowers Are Behind on Payments

The federal government has resumed reporting student loan delinquencies, significantly impacting borrowers' credit scores and risking economic slowdown.

fromABC7 New York

NYC parents

Student loans in default to be referred to debt collection, Education Department says

The Education Department is resuming collections on defaulted student loans, allowing wage garnishments starting May 5, 2024.

NYC parents

fromTruthout

Education Department Restarting Loan Collections for First Time Since 2020

The U.S. Department of Education is restarting student loan collections, including wage garnishments, affecting millions of borrowers facing financial hardship.

NYC parents

Millions of Student Loan Borrowers Are Behind on Payments

The federal government has resumed reporting student loan delinquencies, significantly impacting borrowers' credit scores and risking economic slowdown.

fromABC7 New York

NYC parents

Student loans in default to be referred to debt collection, Education Department says

The Education Department is resuming collections on defaulted student loans, allowing wage garnishments starting May 5, 2024.

more#student-loans

fromSecuritymagazine

Deepfake-enabled fraud caused more than $200 million in losses

Deepfake-driven fraud resulted in $200 million in losses in Q1 2025, indicating a significant threat.

Unlike everyone else, Americans and Britons still shun the office

The rapid shift back to in-office work reveals tensions between managers and remote work preferences.

fromThe Economist

European startups

Which countries most love working from home?

The backlash against remote work has led to many companies demanding employees return to the office.

Remote teams

fromThe Economist

Unlike everyone else, Americans and Britons still shun the office

The rapid shift back to in-office work reveals tensions between managers and remote work preferences.

fromThe Economist

fromBoston Condos For Sale Ford Realty

European startups

Which countries most love working from home?

The backlash against remote work has led to many companies demanding employees return to the office.

more#remote-work

Boston real estate

Perfect Storm Of Events Are Happening Right Now: For Future Boston Condo Sellers Boston Condos For Sale Ford Realty

The Boston real estate market presents unique selling opportunities amidst the current economic uncertainty.

Los Angeles

fromwww.dailynews.com

Can tax credits save California's film and TV industry? Here's what legislators have proposed

Hollywood's film and television industry is at risk due to production companies relocating for lower costs.

Mental health

In a difficult year being unemployed, I learned what success really means | Sunil Badami

Freelancers face significant challenges in job hunting, with declining opportunities and changes in employment laws affecting contract work.

fromTechCrunch

Famed AI researcher launches controversial startup to replace all human workers everywhere | TechCrunch

Mechanize aims for the full automation of all work, sparking significant controversy and debate.

fromBusiness Insider

Travel

The top 10 US airlines of 2025, ranked

US airlines face a slow summer travel season due to economic factors and rising ticket prices, with Spirit Airlines ranked highest for affordability and reliability.

fromThe Atlantic

Video games

Hobby Inflation Is Here

Rising costs of hobbies like shooting clays impact accessibility, community, and skill development.

European startups

fromSFGATE

SFO's dominant carrier scales back flights as recession looms

United Airlines anticipates a potential recession impacting domestic air travel and plans to reduce capacity during peak season.

US news

fromwww.aljazeera.com

Is the US dollar at risk of a confidence crisis'?

Investors are losing faith in the US dollar due to unpredictable trade policies and the potential for a recession.

OMG science

fromBusiness Insider

Big Tech has officially entered its quantum era - here's what it means for the industry

2025 is considered a pivotal moment for advancements in quantum technology, attracting significant investment and interest.

Major tech companies are betting heavily on quantum advancements amidst dwindling overall tech investments.

fromForbes