cnbc_topnews
📰 source: cnbc_topnews · 💼 business a federal trade court on thursday upheld trump's elimination of the de minimis exemption, which allowed goods under $800 into the us tax free. the ruling came in a lawsuit from detroit axle, a michigan auto-parts distributor that sued the administration in may 2025,
theguardian_business
📰 source: theguardian_business · 💼 business bae systems, the uk defence contractor, will pay a $36m (£26.7m) civil penalty to resolve 104 violations of us arms export rules. the us state department announced the administrative settlement on thursday with bae's us arm. the breaches included unauthorised exports of technical
abc_business
📰 source: abc_business · 💼 business the trump white house reports it's losing $19b to $26b a year in tariff revenue because countries are routing exports through third nations to avoid u.s. tariffs. that evasion lets foreign producers ship goods into the u.s. without paying the duties they&
cnbc_topnews
📰 source: cnbc_topnews · 💼 business wholesale prices were flat in july, missing the 0.2% gain economists expected. the producer price index didn't move for the month, after a 0.1% drop in june (revised from a 0.3% decline). core ppi, excluding food and energy, rose 0.2%
cnbc_topnews
📰 source: cnbc_topnews · 💼 business ten state attorneys general filed a lawsuit tuesday seeking to invalidate two office of the comptroller of the currency rules that allow certain banks under its supervision to sidestep state laws requiring interest on mortgage escrow balances. the federal lawsuit, filed in u.s. district court
cnbc_topnews
📰 source: cnbc_topnews · 💼 business treasury yields dipped thursday as wall street awaited july producer price index data due at 8:30 a.m. et. the 10-year note fell 2 basis points to 4.672%, the 2-year fell more than 2 basis points to 4.178%, and the 30-year bond slipped
theguardian_business
📰 source: theguardian_business · 📚 research the us economy lost 23,000 jobs in july, and may and june's numbers were revised down by a combined 103,000, per bureau of labor statistics data. average hourly earnings rose just 0.1% from june and 3.2% year over year — the
npr_business
📰 source: npr_business · 💼 business npr's leila fadel interviewed caleb silver, investopedia's editor-in-chief, about how inflation is hitting consumer spending. silver explained that higher prices are forcing shoppers to make trade-offs, like buying less or switching to cheaper brands. the conversation covered which categories are feeling the
cnbc_topnews
📰 source: cnbc_topnews · 💼 business ford said wednesday it will increase production of its lincoln vehicles in the u.s. beginning in 2030, phasing out imports from china for the american market. the company called the move a way to further strengthen its position as america's no. 1 auto
cnbc_topnews
📰 source: cnbc_topnews · 💼 business gold fell as much as 18% from a 10-year high above $5,300 an ounce reached earlier in 2026, but last week it had its best week since january, and gold mining stocks posted their hottest five-day run since 2008. year-to-date returns are near flat, though
cnbc_topnews
📰 source: cnbc_topnews · 💼 business the u.s. budget deficit hit $432.3 billion in july, the largest monthly shortfall since march 2021 and up 48% from a year ago. medicare costs surged to $174 billion for the month, the biggest single expenditure, ahead of social security at $141 billion and
bbc_business
📰 source: bbc_business · 💼 business trump is being sued by two us media groups over truth social's $100,000-a-month early access service. the intercept and freedom of the press foundation filed the lawsuit wednesday in new york federal court, arguing the paid service is "extraordinary, corrupt and unconstitutional.