Refunds for illegal U.S. tariffs are starting to flow to businesses, and consumers could get a cut from companies that have vowed to share that financial relief with customers. The U.S. Customs and Border Protection (CBP) agency can only issue tariff refunds to the so-called importer of record — the entity that directly paid one…
Along the Texas-Mexico border, it’s known as “the Pool.” And this week, federal authorities say they caught one of the men accused of helping run it. Every year, drivers known as transmigrantes transport used cars bought in the United States through Mexico to be resold in Central America. Federal prosecutors say a group of South…
The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation. AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…
International standards are often assumed to be a modern invention. They are not. Many predate the United Nations itself; the International Labour Organization (ILO), for instance, was established under the League of Nations and only later folded into the UN system. Countries have long used such standards to strengthen governance, build credibility, and integrate into…
38m ago Trump says U.S. is “semi-negotiating” with Iran President Trump said on Sunday that the U.S. is “low-keying” negotiations with Iran and signaled a willingness to allow economic pressure to mount on the Islamic Republic. “We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact…
Police released surveillance video footage Friday showing chilling moments from last weekend’s deadly shooting that started at an Idaho In-N-Out restaurant. Three people were killed in last Saturday’s rampage in Twin Falls, Idaho. The gunman, 24-year-old Chad Williams, died of a self-inflicted gunshot wound, police said. Twin Falls Police Chief Matthew Hicks said during a…
The State Department has revoked the visa of Brazil’s ambassador to the United States, according to a senior department official, marking the latest escalation in a growing diplomatic dispute between Washington and Brasília. The official said the visa for Maria Luiza Ribeiro Viotti would be reinstated immediately if Brazil grants diplomatic approval, known as agrément,…
More companies are moving away from broad “peanut butter”-style pay raises for workers in favor of merit-based and other kinds of compensation sweeteners for top employees, according to new insights from Payscale. The trend toward rewarding strong individual performers within a business marks a shift away from companies spreading pay hikes evenly across their workforces. Just…
A drone strike on an industrial zone outside the Russian capital of Moscow has killed five people and wounded 10 others, the region’s governor said Tuesday, as Moscow and Kyiv traded attacks. Ukrainian drones hit three warehouses across Russia overnight, including two run by e-commerce giant Wildberries, the local Russian official said. RYAZAN, RUSSIA – JULY 29:…
ISLAMABAD: Pakistan and Iran on Tuesday reiterated their resolve to expand bilateral trade to $10 billion, with Commerce Minister Jam calling for transforming “historic brotherly relations” with Iran into a robust economic partnership. Since March this year, both countries have rolled out a series of measures to facilitate border trade, including easing customs procedures, formalising…
