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Steel Tariff Hike Sparks New Jitters, Intensified Investor Fear And Threat Of Slower Construction

June 4, 2025 / no comments

President Donald Trump’s latest round of steel and aluminum tariffs took effect Wednesday, doubling the tax on imported metals from 25% to 50% and throwing a fresh dose of uncertainty into investment decisions as well as already teetering construction projects. 

How Higher Tariffs on Steel and Aluminum Will Affect Companies

June 4, 2025 / no comments

Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.

Chicago Blackhawks Unveil Arena Expansion Renderings And Details

June 4, 2025 / no comments

The Chicago Blackhawks unveiled new renderings for its expansion of Fifth Third Arena, the team’s training facility, as Chicago’s fast-moving sports venue saga gets a new chapter.

U.K. Exempt From Trump’s 50% Steel Tariff, but Europe Still Has to Pay

June 4, 2025 / no comments

Despite an exemption from 50 percent tariffs, Britain still has to pay a 25 percent duty because its trade deal with the United States has yet to be put in place.

$81B Public Fund Looks To Pivot Away From Office And Retail With High-Profile Sales

June 4, 2025 / no comments

The largest U.S. sovereign wealth fund is looking to rebalance its real estate holdings, shedding assets that weighed on its first-quarter returns. 

Trump Allies Try to Discredit Experts Warning About the Cost of Tax Cuts

June 4, 2025 / no comments

President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.

Jeffrey Epstein Invested With Peter Thiel, and His Estate Is Reaping Millions

June 4, 2025 / no comments

Mr. Epstein, the late financier and sex offender, started by putting $40 million into Valar Ventures, a firm backed by Mr. Thiel. Today that investment is worth about $170 million.

Republican Policy Bill Would Add $2.4 Trillion to Debt, Budget Office Says

June 4, 2025 / no comments

The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside the G.O.P. about the fiscal consequences of their bill to enact President Trump’s agenda.

China Tries to Stop Smuggling of Rare Earths as Shortages Loom Abroad

June 4, 2025 / no comments

Police, customs officials and spies are reinforcing China’s embargo on the critical minerals that it overwhelmingly controls.

Germans Are Buying More Electric Cars, but Not Teslas

June 4, 2025 / no comments

Drivers in the country, Europe’s largest car market, are avoiding vehicles from Tesla, which has seen a drop in sales in other countries as well.

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