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[ad_1] President Donald Trump stunned the logistics industry on Friday by widening his steel and aluminum tariffs to include more than 400 consumer items that contain the metals, such as motorcycles and tableware. Customs brokers and importers in the US were given little notice to account for the change, which went into effect Monday and did not exclude goods in transit. [ad_2] Source link

[ad_1] Powell’s caution has infuriated Trump, who has demanded the Fed cut borrowing costs to spur the economy and reduce the interest rates the federal government pays on its debt. Trump has also accused Powell of mismanaging the US central bank’s $2.5 billion building renovation project.Get Starting PointA guide through the most important stories of the morning, delivered Monday through Friday.Firing the Fed chair or forcing out a governor would threaten the Fed’s venerated independence, which has long been supported by most economists and Wall Street investors. Here’s what to know about the Fed:Why the Fed’s independence matters The Fed…

[ad_1] Steel Market Overview: Growth Momentum, Tech Trends, and Eco Goals Steel stands as one of the world’s most essential industrial materials, forming the backbone of modern infrastructure, manufacturing, and economic progress. As a critical material, its production and consumption directly influence global economic dynamics. The steel market has seen significant evolution, driven by innovations, demand from diverse sectors, and increasingly sustainable practices. According to IMARC Group, the market was valued at USD 974.4 Billion in 2024. The global steel market is poised for sustained growth in the coming years due to the rising demand from the infrastructure sector and…

[ad_1] AN ADVENTUROUS traveler has rediscovered a little-known $170 million Chinese town that’s nearly a carbon copy of a US city.The resort town that lies just two hours outside Beijing is filled with kitschy slices of American culture, from cowboy decor to fast food.3China’s copycat town that replicates Jackson Hole, Wyoming, has American-style churchesCredit: Archfilm3This American-style town also has American-themed foods, from French fries and steaksCredit: Archfilm3US imagery is scattered throughout the gated communityCredit: ArchfilmIn a now-viral video, YouTuber Drew Binksy got a first-hand look at the bizarre gated community that’s directly based on Jackson Hole, Wyoming.At first, he was…

[ad_1] L&T Finance Ltd. (LTF), one of India’s leading non-banking financial companies, on Thursday, partnered with Google Pay to offer personal loans directly through the payments platform.The move is aimed at strengthening LTF’s product diversification strategy and making credit more accessible to a wider consumer base in a seamless digital format.The integration will allow eligible Google Pay users to apply for and access LTF’s personal loan products within the app. The company said the partnership underscores its focus on embedding financial products into high-engagement digital ecosystems. “The future of financial services is about creating powerful, customer-centric ecosystems. Through our…

[ad_1] Image source: Getty Images This top UK dividend stock yields an eye-catching 9.5%. That’s the highest on the FTSE 100. But it has problems too. The company in question is housebuilder Taylor Wimpey (LSE: TW) and its shares have plunged 40% in a year to trade at a 52-week low. With a price-to-earnings ratio of just 11.9 it looks priced to go. But be careful. Taylor Wimpey shares are struggling I bought the stock in 2023 with a long-term view, and I’m happy to hold on throughout the ups and downs. I have the compensation of dividends, even if I’m…

[ad_1] A comprehensive decarbonisation plan includes solutions to help you and your business avoid and reduce carbon emissions wherever possible. [ad_2] Source link

[ad_1] Image source: Getty Images UK shares have been trading at lower valuations than their US counterparts recently. And this has made a number of them stand out as potential takeover targets. The possibility of a company being acquired isn’t — by itself — enough of a reason to buy a stock. But when a firm with strong long-term prospects becomes an acquisition possibility, I think the situation gets interesting. Wizz A lot of investors are actually betting against Wizz Air (LSE:WIZZ) shares. As of this month, at least five firms have disclosed short positions in the FTSE 250 company.…

[ad_1] FORT WAYNE, Ind., Aug. 19, 2025 /PRNewswire/ — Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that it has entered into a definitive agreement to acquire the remaining 55% equity interest in New Process Steel, L.P. (“New Process”).  New Process Steel is a metals solutions and distribution supply-chain management company headquartered in Houston, Texas, with a focus toward growing its value-added manufacturing applications. “We have enjoyed a strong customer relationship with New Process since our founding,” stated Mark D. Millett, Chairman and Chief Executive Officer. “This acquisition expands our exposure to value-added manufacturing opportunities, while continuing to serve our other…

[ad_1] Image source: Getty Images Lloyds (LSE: LLOY) shares were on my radar for years before I finally loaded up in 2023. By then, the FTSE 100 bank looked far too cheap to ignore. It was trading on a price-to-earnings (P/E) ratio of around seven, with a dividend yield topping 5%. My only worry was that the low price might be a warning sign rather than an opportunity. Why wasn’t everybody else buying at that low price? Was I missing something? Apparently not. The shares are up 40% in the past 12 months and 97% over two years. Investors have…