Economists say risk of recession rises if oil cost hits a key benchmark as Iran war continues

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Crude oil prices would need to jump to roughly $138 a barrel amid the war on Iran and stay there for at least a few weeks to put the US at a serious risk of a recession, according to a new survey of economists released Thursday. Iran’s blockade of the Strait of Hormuz, a vital […]


How the Susan Rice snafu cost Netflix on home stretch of Warner Bros. Discovery deal

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There were several reasons why streaming giant Netflix pulled out of the bidding war for Warner Bros. Discovery. You might want to add Susan Rice to the list. The former Obama national security adviser, UN ambassador, partisan Democrat and currently a Netflix board member made a splash last week, and not in a good way. Just as the Trump administration’s Department […]


Exclusive | Facebook most cited in online complaints for hosting scam ads that cost users billions: watchdog

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Facebook now accounts for the vast majority of scams on social media, according to an explosive new study – and critics claim it’s because Mark Zuckerberg’s tech giant is more focused on making money than protecting customers, The Post has learned. Last year, Meta forecast it would earn $16 billion – or 10% of its […]


Mikie Sherrill isn’t the first politician to face insider trading charges — but it may cost her the NJ election

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Mikie Sherrill, once comfortably ahead in the New Jersey governor’s race, has been getting plenty of attention over her stock trading lately, and not in a good way. Her fellow lawmakers should take note if they also have aspirations for higher office.  The Democratic New Jersey congresswoman seemed like a shoo-in to succeed Phil Murphy […]


Costco (COST) Q3 2025 earnings

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The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Shares of Costco fell slightly on Thursday, despite the warehouse club posting quarterly earnings and revenue that topped estimates and reporting 8% year-over-year sales gains. Unlike many retailers, Costco does not provide […]


How much a 100% ‘Made in the USA’ vehicle might cost

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A 2025 Ford Expedition with bronze trim at the automaker’s Kentucky Truck Plant, April 30, 2025. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolled off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion — by […]


Apple says Epic Games contempt ruling could cost ‘substantial sums’

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An Apple store in Walnut Creek, California, U.S., on April 30, 2025. Paul Morris | Bloomberg | Getty Images Apple is asking a court to pause a recent decision in its case against Epic Games and allow the iPhone maker to once again charge a commission on in-app transactions that link out for payment. Last […]


Auto tariffs expected to cut sales by millions, cost $100 billion

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Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week […]


Trump’s tariffs to cost US automakers $108B; Ford, GM, Stellantis hit hard

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President Trump’s stiff tariffs on foreign auto imports will cost US carmakers nearly $108 billion — with Detroit’s Big Three getting slammed the hardest despite having plants in the states, according to a study. The 25% tax on foreign auto imports and parts, which went into effect April 3, is expected to impact 17.7 million […]


Tariffs drive up the cost of airplanes, the United States’ star export

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The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters President Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products, […]