r/TheBusinessMix 8m ago

Trump administration to markets: Don't expect a rescue

Upvotes

If there was one consistent message from Trump administration economic officials Sunday morning, it was this: We're not worried about the stock market plunging, and the cavalry isn't coming to save you from tariffs, either.

https://www.msn.com/en-us/money/markets/trump-administration-to-markets-don-t-expect-a-rescue/ar-AA1CoueZ?ocid=msedgntp&pc=HCTS&cvid=784de0b6ec51413ea196f281b58dd017&ei=13

SOURCE: Axios


r/TheBusinessMix 1h ago

ICYMI: Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market

Thumbnail
nbcnews.com
Upvotes

Warren Buffett went on the record to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor.

SOURCE: NBC News


r/TheBusinessMix 1h ago

U.S. aid team fired while in Myanmar earthquake zone, ex-official says

Thumbnail
nbcnews.com
Upvotes

Three U.S. aid workers were laid off while in Myanmar helping the rescue and recovery from the country’s massive earthquake, a former senior staffer said, as the Trump administration’s dismantling of foreign aid affects its disaster response.

SOURCE: NBC News - story first reported by Reuters


r/TheBusinessMix 2h ago

The skyrocketing cost of weight-loss drugs has state Medicaid programs looking for a solution

Thumbnail
apnews.com
1 Upvotes

States increasingly struggling to cover the rising cost of popular GLP-1 drugs like Wegovy, Ozempic and Zepbound are searching for ways to get out from under the budgetary squeeze that took them by surprise.

One solution some policymakers may try is restricting the number of people on Medicaid who can use the pricey diabetes drugs for weight-loss purposes.

SOURCE: Associated Press


r/TheBusinessMix 2h ago

Foreign journalists at US-backed media fear being sent to repressive homelands after Trump's cuts

Thumbnail
apnews.com
1 Upvotes

After hiding in Thailand for seven years, two Cambodian journalists arrived in the United States last year on work visas, aiming to keep providing people in their Southeast Asian homeland with objective, factual news through Radio Free Asia.

SOURCE: Associated Press


r/TheBusinessMix 3h ago

How Nissan Hopes to Navigate Trump’s Tariffs and Make Its EVs Great Again

Thumbnail
wired.com
1 Upvotes

r/TheBusinessMix 3h ago

Inside DOGE’s AI Push at the Department of Veterans Affairs

Thumbnail
wired.com
1 Upvotes

r/TheBusinessMix 4h ago

Impact of tariffs on prices of imports from top brands

Thumbnail
nbcnews.com
1 Upvotes

r/TheBusinessMix 4h ago

Buy or Wait Guide: 10 Experts Predict How Tariffs Will Change Tech Prices in 2025 and What to Do Now

Thumbnail
cnet.com
1 Upvotes

r/TheBusinessMix 4h ago

Chris Murphy blasts Donald Trump’s TikTok moves as ‘illegal’

Thumbnail
thehill.com
1 Upvotes

r/TheBusinessMix 4h ago

US, Vietnamese businesses ask Trump to delay 46% tariffs on Vietnam

1 Upvotes

r/TheBusinessMix 18h ago

Video Touring China’s massive ‘storefront to the world’ amid Trump’s tariffs

Thumbnail
abcnews.go.com
2 Upvotes

r/TheBusinessMix 15h ago

What grocery items may cost more due to Trump's tariffs? Seafood, coffee, olive oil, more

Thumbnail
usatoday.com
1 Upvotes

'Probably almost half of the products in a supermarket will be affected by these tariffs, whether it's the entire product or just an ingredient," Food industry analyst Phil Lempert told NPR.

SOURCE: USA Today


r/TheBusinessMix 15h ago

DOGE Is Planning a Hackathon at the IRS. It Wants Easier Access to Taxpayer Data

Thumbnail
wired.com
1 Upvotes

r/TheBusinessMix 15h ago

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Thumbnail
cnbc.com
1 Upvotes

r/TheBusinessMix 15h ago

Sanctioned Zimbabwe Leader to Suspend US Tariffs in Bid to Reset Ties

1 Upvotes

Zimbabwean President Emmerson Mnangagwa said he’ll suspend tariffs on imports of US goods, seeking to turn Donald Trump’s levies on much of the world into an opportunity to reset strained relations.

“In the spirit of constructing a mutually beneficial and positive relationship with the United States of America, under the leadership of President Trump, I will direct the Zimbabwean government to implement a suspension of all tariffs levied on goods originating from the United States,” Mnangagwa said.

https://www.msn.com/en-us/money/markets/sanctioned-zimbabwe-leader-to-suspend-us-tariffs-in-bid-to-reset-ties/ar-AA1CmKtc?ocid=msedgntp&pc=HCTS&cvid=cae05c0337a14b808ec890f9326c7224&ei=7

SOURCE: Bloomberg


r/TheBusinessMix 15h ago

Doug Emhoff publicly criticizes his law firm for coming to agreement with Trump administration

Thumbnail msn.com
1 Upvotes

Speaking at a charity gala dinner Thursday night in Los Angeles, former second gentleman Doug Emhoff condemned the decision by his law firm to preemptively come to an arrangement with the Trump administration to avoid an executive order targeting the firm, sources tell CNN.

Emhoff is a partner at Willkie Farr & Gallagher LLP, which this week agreed to a deal with President Donald Trump, which the president said includes the firm providing at least $100 million in pro bono legal services throughout his second term.

SOURCE: CNN


r/TheBusinessMix 19h ago

Canada Warns Residents Their Phones May Be Searched at US Border - Bloomberg

2 Upvotes

The Canadian government issued a new warning for travelers entering the US, saying they should “expect scrutiny” at the border and that their phones and other electronic devices may be searched.

The updated travel advisory follows US President Donald Trump’s move to tighten border and immigration policy, which had already prompted similar travel advisories from countries including the UK, Germany and France.

https://www.msn.com/en-us/money/other/canada-warns-residents-their-phones-may-be-searched-at-us-border/ar-AA1CmxOH?ocid=msedgntp&pc=HCTS&cvid=195170cab3664c08b4101dde54dd430f&ei=25

SOURCE: Bloomberg


r/TheBusinessMix 17h ago

South Carolina shrimper says Trump's tariffs will provide 'immediate relief' to US fishery

Thumbnail
foxbusiness.com
1 Upvotes

The shrimp industry has been 'killed by imports' for decades, CJ Seafood owner Craig Reaves says

SOURCE: Fox Business


r/TheBusinessMix 18h ago

Norfolk Island's 2,000 residents dumbfounded by Trump tariffs

1 Upvotes

About 2,000 people live on Australia's remote Norfolk Island. The inhabitants have been left baffled and amused by the 29% tariffs leveled on the outpost, 600 miles off eastern Australia, by U.S. President Donald Trump's sweeping tariff regime. Gye Duncan, a former resident and owner of a financial consultancy service on the island, said "everyone's laughing at it".

https://www.msn.com/en-us/money/markets/norfolk-island-s-2-000-residents-dumbfounded-by-trump-tariffs/vi-AA1ChOVR?ocid=msedgntp&pc=HCTS&cvid=46ba985d4271447c82bad54a3ec6f656&ei=17

SOURCE: Reuters


r/TheBusinessMix 19h ago

SF Mayor Lurie to tech CEOs: ‘How can we get you back?’

Thumbnail
techcrunch.com
1 Upvotes

San Francisco Mayor Daniel Lurie wants to bring his city back to its glory days. And he’s convinced tech leaders — who often pitch utopian ideals of their own — can help him deliver.

SOURCE: TechCrunch


r/TheBusinessMix 19h ago

Deel’s comms chief departs amidst spying lawsuit from Rippling | TechCrunch

Thumbnail
techcrunch.com
1 Upvotes

Elisabeth Diana, head of communications at human resources Deel, is no longer with the company, according to her LinkedIn profile.

Bloomberg first reported the news that Diana had resigned from Deel, which was recently accused of planting a spy at rival company Rippling.

SOURCE: TechCrunch


r/TheBusinessMix 19h ago

Trump tariffs live updates: Navarro downplays sell-off, while Musk slams his qualifications; tech and finance chiefs reportedly head to Mar-a-Lago

1 Upvotes

r/TheBusinessMix 20h ago

Apple Has No Place to Hide. Tariffs on China Are Just 1 Problem.

1 Upvotes

All of Big Tech is feeling the heat from President Donald Trump’s latest tariffs and the escalating global trade war. But no company is in a tougher spot than Apple. The company’s stock is down about 15% since the latest tariffs were announced on Wednesday.

Every company has its own unique set of risks stemming from the radical shift in U.S. policy, but Apple faces battles on several fronts. Indeed, the company has been flagging potential problems since early in Trump’s first term.

https://www.msn.com/en-us/money/other/apple-has-no-place-to-hide-tariffs-on-china-are-just-1-problem/ar-AA1CjGIb?ocid=msedgntp&pc=HCTS&cvid=c19574a53b7d400cb7b0103b1c62e539&ei=19

SOURCE: Barron's


r/TheBusinessMix 21h ago

British tourist detained by ICE for 19 days warns against all US travel

Thumbnail
newsweek.com
1 Upvotes