Shein and Temu raise prices as the U.S. ends a key tariff loophole for low-cost imports.

Trump signs executive order to fast-track U.S. deep-sea mining, aiming to compete with China's control of critical minerals.

China has quietly rolled back tariffs on some U.S. semiconductors, signaling a shift amid ongoing trade tensions with the US.

Meta lays off staff in Reality Labs as it restructures VR and AR teams to boost efficiency.

Starbucks faces a lawsuit over claims it profited from forced labor on Brazilian coffee farms.

McDonald's brings back McCrispy Strips nationwide on May 5, rejoining the fast-food chicken battle.

Trump's meme coin, $TRUMP, surged by 58% after offering an exclusive dinner with the former president to top coin holders.

A new study links top global companies to $28 trillion in climate damage, tracing pollution back to major fossil fuel producers.

Southwest Airlines cuts flights and suspends its financial outlook as economic uncertainty weakens travel demand.

Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.

Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.

Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.

The FDA plans to ban synthetic food dyes like Red 40 and Yellow 5, affecting popular snacks like Skittles and Flamin' Hot Cheetos.

US Treasury Secretary Scott Bessent calls the China trade war "unsustainable" and expects de-escalation despite no formal talks yet.

China urges South Korea to stop exporting rare earth products to U.S. defense firms, raising global trade tensions.

Swiss pharma giant Roche announces a $50 billion U.S. expansion, creating 12,000 jobs and boosting biotech in four states.

The FDA has paused its milk testing program after major staff cuts, raising concerns about national food safety.

Tesla settles a wrongful death lawsuit over a fatal 2021 Ohio crash involving a Model Y, with terms undisclosed.

Walgreens agrees to pay $300 million to settle claims of illegally filling opioid prescriptions over a decade.

Harvard sues Trump administration over $3.2 billion grant freeze, citing threats to research and academic freedom.

Chipotle is set to open its first restaurant in Mexico by 2026, expanding despite ongoing US-Mexico trade tensions.

The FTC sues Uber over claims of unauthorized charges and difficult cancellation processes tied to its Uber One subscription service.

Chicago Fed Chief Austan Goolsbee defends the independence of the Federal Reserve amid President Trump's push to remove Fed Chair Jerome Powell.

Bitcoin drops below $100K amid market uncertainty fueled by Trump's trade war and potential firing of Federal Reserve Chairman Jerome Powell.

DHL suspends shipments over $800 to US due to new customs rules, causing delays in global deliveries.

Boeing faces setbacks as two 737 MAX jets return to the US due to rising US-China tariffs disrupting aircraft deliveries to Chinese airlines.

Amazon and Walmart expand nationwide same-day prescription deliveries, offering faster, more convenient access to medications.Amazon

Corporate fraud scandals like FTX, Theranos, and Enron reveal how deception can destroy companies and shake entire industries.

US corporate bankruptcies surged in early 2025, with major brands like Forever 21 and 23andMe filing amid growing economic pressure.

Major companies are pulling forecasts and scaling back in the US due to rising tariffs, signaling economic uncertainty and potential price hikes for consumers.