Author: tampabulletin.com

Davos: JPMorgan Chase Chief Executive Jamie Dimon warned that a proposed cap on U.S. credit card interest rates would trigger an “economic disaster,” sharply criticizing President Donald Trump’s call for Congress to impose a 10% ceiling for one year as part of

STRASBOURG: The European Parliament has suspended its work to approve a pending European Union trade agreement with the United States, after U.S. President Donald Trump threatened new tariffs against European allies amid a dispute linked to Greenland. The decision halts planned committee steps

MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after federal safety regulators said a defect in certain engine block heaters can raise the risk of an under-hood fire when the heater is plugged in. The recall

MENA Newswire, WASHINGTON: A new study by the Kiel Institute for the World Economy finds that Americans, not foreign exporters, are paying nearly all of the cost of recent U.S. tariffs, as import prices rose almost one-for-one with the duties. The researchers estimate

MENA Newswire, WASHINGTON: President Donald Trump’s administration is circulating plans for a new international body called the Board of Peace, with a proposal that countries could pay $1 billion to secure permanent seats, according to official documents and public statements from several invited governments.

MENA Newswire, EDINBURGH: Researchers have produced the most detailed map yet of the landscape buried beneath Antarctica’s ice sheet, revealing a rugged terrain of mountains, valleys, canyons and plains that shapes how the continent’s ice moves. The map, described in a study published

MENA Newswire, RALEIGH: Spring & Mulberry has expanded a voluntary recall of select chocolate bars sold nationwide after testing indicated possible Salmonella contamination, according to a company announcement posted by the U.S. Food and Drug Administration. The Raleigh-based company said the affected products

MENA Newswire, OREGON: A strong offshore earthquake with a reported magnitude of 6.2 struck off the Oregon coast late Thursday, shaking parts of the Pacific Northwest but prompting no tsunami warnings and no immediate reports of serious damage or injuries. The quake occurred well

MENA Newswire, NEW YORK: The six largest U.S. banks trimmed their combined workforce by about 10,600 positions in 2025, the biggest annual net reduction on Wall Street since 2016, according to year-end headcount totals reported by the firms. The decline left JPMorgan Chase, Bank

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with China largely intact.