Business and Economic News

Duty-free no more: Parcels worth under $800 no longer qualify for a U.S. tariff exemption
Low-value imports no longer are eligible to enter the U.S. duty-free. An order signed by President Donald Trump eliminated a widely used customs exemption for international shipments worth $800 or less as of 12:01 a.m. Eastern time on Friday.
1.2 million immigrants are gone from the US labor force under Trump, preliminary data shows
As parades and other events celebrating the contributions of workers in the U.S. are held Monday for the Labor Day holiday, experts say President Donald Trump’s stepped-up immigration policies are impacting the nation's labor force.
How Trump is decimating federal employee unions one step at a time
President Trump has ended collective bargaining rights for more than one million federal workers. Unions have sued to block the move, but agencies are terminating contracts as litigation continues.
2025 Pokémon World Championships show how competitive the game still is
The annual event pits some of the trading card and video game's most seasoned players against each other — and it demonstrates how Pokémon has maintained its grip on pop culture.
What happens to Trump’s tariffs now that a federal appeals court has knocked them down?
The U.S. Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sweeping import taxes on almost every country on earth.
A solid quarter at Best Buy overshadowed by outlook grown cloudy with tariffs
Best Buy posted a solid second quarter that exceeded Wall Street expectations, but the performances was overshadowed by an outlook that has grown cloudy due to tariffs the U.S. is imposing on trading partners.