American steel knife company hit by Canadian customer anger as Trump tariffs arrive: ‘Thank you. We love your product. We are not buying’

by mikej222 | Mar 12, 2025 | Uncategorized

This post was originally published on this siteThe tariffs will likely drive up costs for American companies that use the metals, such as automakers, construction firms and beverage makers that use cans. Read...

Financial performance may have been flat but some CEO payouts are soaring as bonuses roar back

by mikej222 | Mar 12, 2025 | Uncategorized

This post was originally published on this siteBonuses are bouncing back from last year despite flat financial performance as some companies work to keep top talent from fleeing. Read...

China needs to unleash ‘$20 trillion’ in household savings to drive economic growth, says Alibaba chair Joe Tsai

by mikej222 | Mar 12, 2025 | Uncategorized

This post was originally published on this siteTariffs and geopolitics mean China can’t count on export for growth anymore but restoring consumer confidence could allow domestic consumption to become a growth driver. Read...

Larry Summers says there is a real possibility of a recession, which he calls the result of a ‘self-inflicted wound’

by mikej222 | Mar 12, 2025 | Uncategorized

This post was originally published on this sitePresident Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would be a transition period. Larry Summers, a former Treasury secretary, thinks otherwise. Read...

Anthony Scaramucci rewrote the end of his Bitcoin book after investor Michael Saylor called him from a yacht to say a 2% allocation was too low

by mikej222 | Mar 12, 2025 | Uncategorized

This post was originally published on this siteSaylor, executive chairman of Bitcoin treasury company Strategy, reminds him of it every time they meet, Scaramucci said. Read...