In a major policy shift, the U.S. Department of Commerce has rescinded a Biden-era rule that limited AI chip exports, easing tensions with tech firms and foreign nations. This move is expected to bolster American innovation while addressing national security concerns.
In a surprising Truth Social post, President Trump has called for a 100% tariff on movies produced overseas, raising questions about the future of Hollywood and potential national security threats. Studio executives are left baffled by the implications of this bold move.
US tariffs on copper imports may be implemented within weeks, much earlier than anticipated. President Trump's directive to the Commerce Department could reshape the copper market significantly.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
President Trump stirs controversy with plans to shake up U.S. Postal Service leadership, potentially impacting mail delivery and e-commerce. The move is met with resistance from the agency's board.