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Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. I Saw The Best Minds of My Generation Code Increasingly Derivative Casual Word Games It probably is not the case that casual, complete-with-coffee digital brainteasers are not the internet equivalent of classified ads in newspapers: […]
Shares in Meta and Microsoft plunged Thursday after the tech giants announced plans to ramp up AI spending – and investors worried that the cash might not yield major payouts. Fears that artificial intelligence investments have been overhyped sent the tech-heavy Nasdaq down 1.3% as of about 3:30 p.m. ET Thursday. Meta’s stock cratered about […]
President Trump’s China tariffs are threatening Christmas. Toy makers, children’s shops and specialty retailers are pausing orders for the winter holidays as the import taxes cascade through supply chains. Factories in China produce nearly 80 percent of all toys and 90 percent of Christmas goods sold in America. The production of toys, Christmas trees and […]
The markets have been loving Donald Trump’s latest 180 on trade. He now seems to be going softer on tariffs after the markets rebelled against his earlier hard-line approach. But On The Money has learned that business leaders — those who make decisions on spending on investment as well as hiring and firing people — are […]
The semiconductor industry has lobbied two presidential administrations to go easy with restrictions on selling cutting-edge computer chips to China. Jensen Huang, the chief executive of Nvidia, the world’s leading artificial intelligence chip maker, even traveled to Mar-a-Lago this month to discuss policy with President Trump. But with the Trump administration putting new curbs on […]
French Champagne producers do nearly a billion dollars’ worth of business with the United States every year. But on Friday in Épernay, the world capital of sparkling wine, the only number on anybody’s lips was 200. That was the percent tariff that President Trump has threatened to impose on Champagne and other European wines and […]
It’s not clear who will benefit if President Trump follows through on his threat to impose 200 percent tariffs on all wines and alcoholic beverages from the European Union, but it certainly would not be American consumers. The tariff warning was posted by Mr. Trump on social media Thursday in retaliation to 50 percent tariffs […]
