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The European Union fined Apple (€500 million) and Meta (€200 million) for violating the Digital Markets Act (DMA), which aims to ensure fair competition in the digital economy. Source: CNBC...
President Donald Trump is escalating his trade strategy by shifting from broad “reciprocal” tariffs to sector-specific tariffs under Section 232 of the Trade Expansion Act of 1962, a provision that...
The article reports a significant rise in U.S. mortgage rates, with the average 30-year fixed rate jumping to 6.83% in mid-April, up from 6.62% the previous week—the largest weekly increase in nearly...
The European Central Bank (ECB) lowered its main interest rate by 0.25% to 2.25% amid escalating global trade tensions fueled by U.S. tariffs, marking its seventh cut in a year. The ECB warned that...
Elon Musk has relocated several of his companies, including X (formerly Twitter), SpaceX, and the Boring Company, to a rural area near Austin, Texas, citing political and business motivations. This...
DHL Express has temporarily halted deliveries to U.S. consumers for shipments valued over $800 starting Monday, citing increased customs red tape following the Trump administration’s new tariffs. This...
On Thursday, U.S. stocks showed mixed performance amid President Donald Trump’s conflicting signals on trade and Federal Reserve policy. While Trump expressed confidence in imminent trade deals...