China announces retaliatory tariffs, U.S. unemployment rises: Morning Buzz

The major averages were sharply lower again near noon, continuing yesterday’s post-tariff slide. China has retaliated with additional tariffs of 34% on all U.S. goods a day after the Trump administration imposed its own sweeping levies. Meanwhile, the latest U.S. jobs data show that nonfarm payrolls rose by a higher-than-forecast 228,000 jobs, though the unemployment… Continue reading China announces retaliatory tariffs, U.S. unemployment rises: Morning Buzz

Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk

Elon Musk has been promising investors for about a decade that Tesla’s cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update. That hasn’t happened yet. What Tesla offers is a sophisticated, but only partially automated, driving system that’s marketed in the U.S. as its Full… Continue reading Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk

“Software Is India’s EV Superpower”: R Velusamy on Building the Next-Gen Mobility Ecosystem

Electric vehicles are more than just a shift in drivetrain—they represent a shift in architecture, intelligence, and opportunity. For India, that opportunity lies at the intersection of EV adoption and software innovation. This was the central message from R Velusamy, President of Automotive Technology and Product Development and Joint Managing Director of Mahindra Electric Automobile… Continue reading “Software Is India’s EV Superpower”: R Velusamy on Building the Next-Gen Mobility Ecosystem

What in the World Happened to Nio?

It wasn’t that long ago that Nio (NIO -7.62%) seemed poised to post a breakout fourth quarter. The Chinese electric vehicle (EV) maker had delivery momentum driven by a new brand, Onvo, which began boosting deliveries at the end of 2024. It had a good third quarter when it improved vehicle margins amid a challenging… Continue reading What in the World Happened to Nio?

China Attacks Trump With Sassy AI-Generated Music Video

As the world economy reels from President Donald Trump’s so-called “reciprocal tariffs,” the trade war between China and the US is escalating to new heights. Nowhere is that more evident than in China’s wild clapback in the form of an AI-generated music video blasting the United States, which came hours after Trump announced a 34… Continue reading China Attacks Trump With Sassy AI-Generated Music Video

We just declared a trade war with the world

Enjoy your tax hikes, I guess! Enjoy your tax hikes, I guess! Elizabeth Lopatto is a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as science editor. Previously, she was a reporter at Bloomberg. Nice economy you have there, said President Donald Trump’s administration. It would be a… Continue reading We just declared a trade war with the world

Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

An employee mounts a VW logo on a new Volkswagen Tiguan at the VW main plant. Picture Alliance | Picture Alliance | Getty Images Auto giants have responded to U.S. President Donald Trump‘s tariffs by announcing plans to raise prices, impose import fees, pause production and even lay off staff. As part of plans designed… Continue reading Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

The Inner Circle acknowledges, Gaby Daboul, MD as a Pinnacle Lifetime Member

YONKERS, N.Y., April 4, 2025 /PRNewswire/ — Prominently featured in The Inner Circle, Gaby Daboul, MD is acknowledged as a Pinnacle Lifetime Member for his contributions in Providing Compassionate Care and Healing Hands in Medicine. Dr. Gaby Daboul, a dedicated physician with a heart for healing, stands as a beacon of compassion and expertise in the… Continue reading The Inner Circle acknowledges, Gaby Daboul, MD as a Pinnacle Lifetime Member

Avoiding a trade war must be the priority 

A seismic week for the global economy with President Trump outlining his long-promised tariff policy. Starting tomorrow, the UK, like many other countries, will face a 10% tariff – the minimum levied – on most exports across the Atlantic. Whilst charged less than other major economies, it is another deeply disappointing and potentially damaging measure,… Continue reading Avoiding a trade war must be the priority