KEY TAKEAWAYS An escalating trade war with China, where one of the U.S.’s top trading partners placed a 125% tariff on American goods, will likely make it more expensive for American companies to export products to China. American companies will likely slow hiring, and Trump’s tariffs are expected to reduce manufacturing employment by 500,000. The […]

With eight different cruise lines catering to a wide demographic, as well as more than 90 ships in operation, Carnival (CCL 0.42%) is the largest cruise line operator on the planet. The business was decimated by the pandemic. It was forced to halt operations, leading to sizable net losses and rising debt. However, the company

How’s the American consumer doing? Recent comments from companies and their executives offers clues, with some citing healthy spending behavior and others seeing people looking to get ahead of tariffs on imported goods. A leading homebuilder has said consumer confidence contributed to a slow start to the spring selling season. A German maker of educational

Key Takeaways Federal regulators approved Capital One’s purchase of Discover on Friday. Some consumer advocacy groups had pushed regulators to block the transaction, arguing it would severely limit consumers’ options. The resulting company will be the largest credit card company by customers’ outstanding balances after the combination. Federal regulators approved Capital One’s (COF) bid to

Key Takeaways Champion pro golfer Rory McIlroy has made millions on and off the course. McIlroy has a net worth of about $250 million, according to an estimate by Celebrity Net Worth. In April 2025, McIlroy surpassed $100 million in career earnings on the PGA Tour, becoming the second golfer after Tiger Woods to do

Starting May 7, 2025, the driver’s license in your wallet may no longer be enough to get you through airport security and onto a plane for a domestic flight. As of that date, only licenses or state-issued ID cards that meet federal “Real ID” requirements will be accepted for boarding a flight. You can tell

I know a lot of people who aren’t exactly thrilled with the way the stock market has been swinging in April. And I get it — it’s been a wild ride, to say the least. But while it can definitely be unsettling to see the value of your portfolio fluctuate to such extremes, it’s also

Key Takeaways The REAL ID Act was signed into law by President George W. Bush in 2005 and expected to be implemented in 2008. That still hasn’t happened. However, the Department of Homeland Security now says it will begin enforcement on May 7. The government says passengers hoping to fly then without REAL ID-compliant identification

U.S. President Donald Trump hosts Italian Prime Minister Giorgia Meloni and her visiting officials in the Cabinet Room at the White House on April 17, 2025 in Washington, DC. Win Mcnamee | Getty Images The Trump administration is threatening to revoke Harvard University’s ability to enroll international students, ratcheting up its clash with the Ivy

What Is the Worker Adjustment and Retraining Notification Act (WARN) If your company meets certain requirements, you’ll be provided advance notice of layoffs due to the Worker Adjustment and Retraining Notification Act (WARN). This federal law requires employers with 100 or more employees to give them 60 days’ notice before laying them off. The law