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Business and Economic News

Alleged drunk driver charged in crash that killed Twin Cities restaurant founder

Alleged drunk driver charged in crash that killed Twin Cities restaurant founder

David Burley, co-owner of the Blue Plate restaurant group in the Twin Cities, was killed in a motorcycle crash Sunday afternoon in western Wisconsin. St. Croix County prosecutors on Monday charged Andre Lamont Mathews, 33, with homicide by intoxicated use of a vehicle.
by Estelle Timar-Wilcox and Matt Sepic

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Bracing for Trump's tariffs? Here are 3 money tips from a personal finance columnist

Bracing for Trump's tariffs? Here are 3 money tips from a personal finance columnist

President Donald Trump's new taxes on imported goods are creating a "scary ride" for the U.S. market, says personal finance columnist Michelle Singletary. She recommends keeping these three things in mind.
by Steve Inskeep and Obed Manuel

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Jaguar and Land Rover maker pauses shipments to U.S.

Jaguar and Land Rover maker pauses shipments to U.S.

The British maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as it works to mitigate the impact of a 25 percent tax on vehicle imports imposed by the Trump administration.
by The Associated Press

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Farmers fear tariffs could cost them one of their biggest markets in China

Farmers fear tariffs could cost them one of their biggest markets in China

Heading into this year, most U.S. farmers were hoping to break even or maybe record a small profit. But now they are faced with losing the biggest export market for many of their crops after China retaliated against President Donald Trump’s tariffs.
by The Associated Press

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Markets plunge after China retaliates against Trump tariffs

Markets plunge after China retaliates against Trump tariffs

Wall Street’s worst crisis since COVID-19 slammed into a higher gear. The S&P 500 plummeted 6 percent Friday, the Dow Jones Industrial Average plunged 5.5 percent and the Nasdaq composite dropped 5.8 percent. The losses came after China matched President Donald Trump’s big raise in tariffs announced earlier this week.
by The Associated Press

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Trump extends TikTok's sell-by deadline again

Trump extends TikTok's sell-by deadline again

On his first day in office, President Trump used an executive order to hit pause on the TikTok ban for 75 days. Now he's pushing back that deadline.
by Bobby Allyn

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