President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017. Jonathan Ernst | Reuters Barring an unlikely agreement or a presidential tweet, it will soon be 15% more expensive for U.S. companies to import everything from milk to diapers to sports equipment from China. Tariffs on
Jin Lee | Bloomberg | Getty Images Wall Street suffered from whiplash throughout August as trade headlines and recession angst sent stocks on a wild ride during the last full month of summer. The S&P 500 posted 11 moves of more than 1% in 22 trading sessions for August. Those moves included three declines of
If you’re in the market for a new car, there’s a good chance you’ll find some decent deals during the long Labor Day weekend sales push. With vehicles sitting on lots longer and dealerships eager to make room for next year’s models, automakers have boosted their discounts ahead of the three-day weekend. The average incentive
Beer being poured at Night Shift Brewing. Source: Night Shift Brewing Collin Castore started selling beer out of coolers in parking lots at Grateful Dead concerts. It was the mid-1990s and craft beer was a small niche market. While most people were drinking big labels like Budweiser and Miller, Grateful Dead fans had a taste
Forget self-driving cars and smart factories. Augmented reality is the killer application for 5G and it’s coming sooner than anyone thinks. Apple in May settled its longstanding royalty dispute with Qualcomm , a leading producer of 5G modems. Bloomberg reported Qualcomm will get at least $4.5 billion and a six-year supplier deal. Apple CEO Tim Cook