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Trump threatens a 25 percent tariff on all smartphones not made in the US
After threatening Apple with a 25 percent tariff unless the company found a way to move iPhone production to the US, Bloomberg reports that President Donald Trump wants the tariff applied to other pho [...]
Epic is laying off more than 1,000 workers, citing a downturn in Fortnite engagement
Epic Games has announced sweeping layoffs of more than 1,000 employees. “The downturn in Fortnite engagement that started in 2025 means we're spending significantly more than we're making, [...]
Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.
Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company. CEO Brian A [...]
Recession watch, tariff prices, and stocks in Trump's first 100 days: Markets news roundup
Like the gyrations in the stock market, economists have gone back and forth on recession predictions. A year or so ago there was a broad consensus among experts that there would be a recession in 202 [...]