US and China reach deal to transfer TikTok ownership, trade official says

Trump's decision to end a duty exemption for small shipments to the US has significantly impacted Canadian luxury retailer Ssense, contributing to its bankruptcy filing.

Editor’s Note: This situation highlights the challenges faced by retailers in the current economic climate, especially those relying on international shipments. The removal of the duty exemption could set a precedent affecting other businesses in the luxury sector.

Trump's decision to end a duty exemption for small shipments to the US has significantly impacted Canadian luxury retailer Ssense, contributing to its bankruptcy filing.

Editor’s Note: This situation highlights the challenges faced by retailers in the current economic climate, especially those relying on international shipments. The removal of the duty exemption could set a precedent affecting other businesses in the luxury sector.

Trump's decision to end a duty exemption for small shipments to the US has significantly impacted Canadian luxury retailer Ssense, contributing to its bankruptcy filing.

Editor’s Note: This situation highlights the challenges faced by retailers in the current economic climate, especially those relying on international shipments. The removal of the duty exemption could set a precedent affecting other businesses in the luxury sector.

American Airlines and Delta Air Lines have suspended several pilots due to controversial posts on social media. This decision highlights the increasing scrutiny on airline staff conduct.

Editor’s Note: The suspension of pilots by major airlines like American Airlines and Delta Air Lines raises important questions about social media use and professional conduct. It reflects the airlines' commitment to maintaining a positive public image and ensuring that their employees adhere to expected standards.

American Airlines and Delta Air Lines have suspended several pilots due to controversial posts on social media. This decision highlights the increasing scrutiny on airline staff conduct.

Editor’s Note: The suspension of pilots by major airlines like American Airlines and Delta Air Lines raises important questions about social media use and professional conduct. It reflects the airlines' commitment to maintaining a positive public image and ensuring that their employees adhere to expected standards.

American Airlines and Delta Air Lines have suspended several pilots due to controversial posts on social media. This decision highlights the increasing scrutiny on airline staff conduct.

Editor’s Note: The suspension of pilots by major airlines like American Airlines and Delta Air Lines raises important questions about social media use and professional conduct. It reflects the airlines' commitment to maintaining a positive public image and ensuring that their employees adhere to expected standards.

Uranium stocks have surged following the US government's announcement to increase its strategic stockpile. This move is seen as a significant boost for the uranium market and reflects growing interest in nuclear energy.

Editor’s Note: The decision to enhance the strategic stockpile is crucial as it signals the US's commitment to nuclear energy and energy security. This could lead to increased investments in uranium, benefiting the industry and potentially creating jobs.

Uranium stocks have surged following the US government's announcement to increase its strategic stockpile. This move is seen as a significant boost for the uranium market and reflects growing interest in nuclear energy.

Editor’s Note: The decision to enhance the strategic stockpile is crucial as it signals the US's commitment to nuclear energy and energy security. This could lead to increased investments in uranium, benefiting the industry and potentially creating jobs.

Uranium stocks have surged following the US government's announcement to increase its strategic stockpile. This move is seen as a significant boost for the uranium market and reflects growing interest in nuclear energy.

Editor’s Note: The decision to enhance the strategic stockpile is crucial as it signals the US's commitment to nuclear energy and energy security. This could lead to increased investments in uranium, benefiting the industry and potentially creating jobs.

A former Trump official suggests that a deal between the U.S. and China to prevent a TikTok ban is nearing completion. This development could have significant implications for the popular social media platform and its users.

Editor’s Note: This matters because TikTok is a major platform for content creators and businesses. A ban could disrupt millions of users and impact the economy. A deal would ensure the app's continued operation in the U.S., providing stability for its users and stakeholders.

A former Trump official suggests that a deal between the U.S. and China to prevent a TikTok ban is nearing completion. This development could have significant implications for the popular social media platform and its users.

Editor’s Note: This matters because TikTok is a major platform for content creators and businesses. A ban could disrupt millions of users and impact the economy. A deal would ensure the app's continued operation in the U.S., providing stability for its users and stakeholders.

A former Trump official suggests that a deal between the U.S. and China to prevent a TikTok ban is nearing completion. This development could have significant implications for the popular social media platform and its users.

Editor’s Note: This matters because TikTok is a major platform for content creators and businesses. A ban could disrupt millions of users and impact the economy. A deal would ensure the app's continued operation in the U.S., providing stability for its users and stakeholders.

The executive responsible for Siri at Apple has departed, while the company emphasizes its design heritage with the launch of the new iPhone 17 lineup.

Editor’s Note: This news highlights the ongoing changes within Apple's leadership, particularly in AI, while also showcasing the company's commitment to design as it introduces new products.

New York State may face revenue challenges due to a new federal tax law unless it decouples its tax code, warns State Comptroller Thomas DiNapoli.

Editor’s Note: This situation is significant as it could impact the state's finances and public services. Decoupling from federal tax law might be necessary to protect New York's revenue, which is crucial for funding various state programs.

President Trump has proposed that companies should only report their earnings every six months instead of quarterly. This change would need approval from the Securities and Exchange Commission.

President Trump has proposed that companies should shift from quarterly to biannual earnings reports. This change would need the approval of the Securities and Exchange Commission.

Yelena Shulyatyeva from The Conference Board discusses the upcoming Federal Reserve meeting and her predictions on inflation rates.

Editor’s Note: This meeting is crucial as it could influence monetary policy and economic stability. Understanding the Fed's decisions helps investors and the public anticipate changes in the economy.

The US has reached an agreement with China on a framework for a deal that would lead to American ownership of TikTok's operations in the US, as stated by the US treasury secretary.