UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
UPS continues to shed low-margin Amazon delivery volumePlans to reduce 30,000 jobs in 2026 through attrition and driver…
Trump imposes 25% tariff on imports of some AI chips
Tariff aims to boost U.S. semiconductor productionTariff excludes chips for U.S. data centers and startups, consumer applicationsFuture broader…
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
China posts record $1.189 trillion trade surplus in 2025China’s December dollar exports up 6.6% Y/Y, imports up 5.7%;…
Italy says US has sharply cut proposed pasta tariffs after a review
ROME, Jan 1 (Reuters) – Italy’s foreign ministry said on Thursday the United States had sharply lowered proposed…
Tariffs, China, and the dollar: What Wall Street got wrong in 2025
ORLANDO, Florida, Dec 29 (Reuters) – This was one of the most topsy-turvy years in living memory for…