The Los Angeles Post
U.S. World Business Lifestyle
Today: March 30, 2025
Today: March 30, 2025

Economy

Crime|Economy|Health|Political|US

Oregon city at heart of high court homelessness ruling blocked from enforcing camping ban

An Oregon judge has blocked the city at the heart of a U.S. Supreme Court ruling on homelessness from enforcing its camping ban unless it meets certain conditions

Oregon city at heart of high court homelessness ruling blocked from enforcing camping ban
Arts|Business|Economy|Entertainment|Travel

What to know about Boulder, Colorado, the Sundance Film Festival's new home

After four decades in Park City, Utah, the Sundance Film Festival is relocating to Boulder, Colorado

What to know about Boulder, Colorado, the Sundance Film Festival's new home
Americas|Crime|Economy|Political|World

Noem ends her first visit to Latin America in Mexico to discuss crime and migration

U.S. Homeland Security Secretary Kristi Noem has landed in Mexico to cap off a tour to three Latin American nations to discuss immigration, crime and deportation

Noem ends her first visit to Latin America in Mexico to discuss crime and migration
Americas|Business|Economy|Finance|Political

Brazil's Lula will not take unorthodox measures ahead of election, minister says

Brazilian Finance Minister Fernando Haddad said on Friday that President Luiz Inacio Lula da Silva will not adopt unorthodox policies with next year's presidential election in mind, where

Brazil's Lula will not take unorthodox measures ahead of election, minister says
Business|Economy|Europe|Finance|Political

Moody's says UK's moves to restore budget headroom reflect difficult fiscal outlook

Ratings agency Moody's on Friday said the UK government's moves to restore budget headroom reflect a difficult fiscal outlook, although the timely reaction to a deterioration in public

Moody's says UK's moves to restore budget headroom reflect difficult fiscal outlook
Business|Economy|Technology

Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports

Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it looks to capitalize on the booming demand for the technology,

Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports
Business|Economy|Political|US

Automakers warn new Trump tariffs will boost costs, cut vehicle sales

A group representing General Motors Toyota, Volkswagen and other major automakers warned new 25% tariffs President Donald Trump plans to impose next week on

Automakers warn new Trump tariffs will boost costs, cut vehicle sales
Business|Economy|Finance|Technology|US

OpenAI must complete for-profit transition by year-end to raise full $40 billion

OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of

OpenAI must complete for-profit transition by year-end to raise full $40 billion
Business|Economy|Technology|US

Blackstone mulls small stake in US TikTok spinoff, sources say

Private equity firm Blackstone is evaluating making a small minority investment in TikTok's U.S. operations, according to two people familiar

Blackstone mulls small stake in US TikTok spinoff, sources say
Business|Economy|Political|US

Federal judge orders halt to Trump administration efforts to dismantle consumer agency

A U.S. judge on Friday blocked the Trump administration and Elon Musk's Department of Government Efficiency from pursuing efforts to dismantle the Consumer

Federal judge orders halt to Trump administration efforts to dismantle consumer agency
Business|Economy|Science|Technology

Elon Musk says he sold X to his AI company

Elon Musk says he sold X to his AI company

Elon Musk says he sold X to his AI company
Economy|Political|US

Court lets Trump fire labor and worker protection board members while they fight to keep their jobs

Court lets Trump fire labor and worker protection board members while they fight to keep their jobs

Court lets Trump fire labor and worker protection board members while they fight to keep their jobs
Economy|Political|US|World

Remaining USAID staff fired, Trump says Myanmar will still get earthquake aid

President Donald Trump's administration told Congress on Friday it would cut nearly all remaining jobs at the U.S.

Remaining USAID staff fired, Trump says Myanmar will still get earthquake aid
Business|Economy|Political|US

Judge temporarily blocks Trump administration from dismantling Consumer Financial Protection Bureau

Judge temporarily blocks Trump administration from dismantling Consumer Financial Protection Bureau

Judge temporarily blocks Trump administration from dismantling Consumer Financial Protection Bureau
Americas|Business|Economy|Political|US

Canada warns Trump on tariffs: Retaliation is coming April 2

Canada warns Trump on tariffs: Retaliation is coming April 2

Canada warns Trump on tariffs: Retaliation is coming April 2
Business|Economy|Europe|Political|US

German finance minister warns of tariff hit to U.S. and German economies

Germany's Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to

German finance minister warns of tariff hit to U.S. and German economies
Business|Economy|Europe|Finance|Stock Markets

UK stocks subdued as tariff concerns keep investors cautious

UK shares edged lower on Friday as investors avoided big bets on concerns over the global economic fallout exacerbating trade tensions already heightened by tariffs.

UK stocks subdued as tariff concerns keep investors cautious
Business|Economy|Finance|Political|Stock Markets|US

Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty

U.S.

Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty
Business|Economy|Finance|Political|Stock Markets|US

Wobbly US stocks face test with tariffs, jobs data

A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment

Wobbly US stocks face test with tariffs, jobs data
Business|Economy|Finance|Political|US

Federal judge blocks Trump from dismantling Consumer Financial Protection Bureau

A federal judge has agreed to block the Trump administration from dismantling the Consumer Financial Protection Bureau

Federal judge blocks Trump from dismantling Consumer Financial Protection Bureau
Business|Economy|Finance|Technology|US

Buyout, aerospace firms close in on $8 billion-plus Boeing navigation unit, sources say

Several private equity firms and at least one aerospace supplier are among the remaining bidders competing to buy Boeing's Jeppesen navigation

Buyout, aerospace firms close in on $8 billion-plus Boeing navigation unit, sources say
Business|Economy|Finance|Stock Markets|Technology|US

CoreWeave valued at $23 billion in muted Nasdaq debut

CoreWeave's shares closed flat after opening nearly 3% below their offer price in its Nasdaq debut on Friday, giving the Nvidia-

CoreWeave valued at $23 billion in muted Nasdaq debut
Business|Economy|Europe|Finance

Unipol chair hints that ING could be studying Popolare di Sondrio bid

Unipol Chairman Carlo Cimbri said on Friday a foreign bank was studying a potential bid for Popolare di Sondrio to rival the one unveiled by Italy's BPER Banca.

Unipol chair hints that ING could be studying Popolare di Sondrio bid
Economy|Finance|Political|US

Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view

San Francisco Federal Reserve Bank President Mary Daly on Friday said inflation data published earlier in the day confirms her decreased confidence in her baseline expectation that two

Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view
Americas|Business|Economy|Political|World

Venezuela's PDVSA to cut office hours as power crisis worsens

Venezuelan state-run oil firm PDVSA will cut office hours for its administrative workers, an internal document seen by Reuters showed, following an energy-saving order by the government

Venezuela's PDVSA to cut office hours as power crisis worsens
Business|Economy|Europe|Technology

European satellite firms in preliminary EU talks over merger plan -source

European aerospace companies Airbus, Thales and Leonardo have started preliminary talks with European Union antitrust regulators over a possible merger of their

European satellite firms in preliminary EU talks over merger plan -source
Business|Economy|Finance|Stock Markets|US

Dominion Energy slashes CEO's cash payout on long-term goals

Dominion Energy CEO Robert Blue missed out on taking home more than $4 million in cash after the utility's shareholder return and operating profit during 2022-2024 failed

Dominion Energy slashes CEO's cash payout on long-term goals
Economy|Finance|Political|US|World

IMF completes review, will disburse $400 million to Ukraine

The International Monetary Fund said on Friday its board completed a review that would enable disbursing $400 million to Ukraine to be channeled for budget

IMF completes review, will disburse $400 million to Ukraine
Asia|Business|Economy|Political|Stock Markets|US

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflation

Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflation
Business|Economy|Political|US

From repairs to insurance, Trump's auto tariffs could make owning a car more expensive

Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive

From repairs to insurance, Trump's auto tariffs could make owning a car more expensive
Asia|Economy|Environment|Science|World

The science behind the powerful earthquake in Myanmar and Thailand

A powerful earthquake of magnitude 7.7 centred in the Sagaing region near the Myanmar city of Mandalay caused extensive damage in that country and also shook

The science behind the powerful earthquake in Myanmar and Thailand
Americas|Asia|Business|Economy|World

China absorbs massive Brazilian soy shipments in first quarter

Brazilian soybean traders are poised to ship record volumes in the first quarter, driven by strong demand from the world's largest importer, China,

China absorbs massive Brazilian soy shipments in first quarter
Asia|Business|Economy

India's infrastructure output growth slows to five-month low in February

India's infrastructure output grew 2.9% on-year in February, its slowest pace in five months as the decline in oil and natural gas production accelerated sharply, government data

India's infrastructure output growth slows to five-month low in February
Business|Economy|Finance|Political|Stock Markets

Trade worries entrenched

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets It's Friday, so today I'll provide a quick overview of what's happening in global

Trade worries entrenched
Africa|Economy|Political|World

Congo doubles salaries for beleaguered army amid rebel advance

Democratic Republic of Congo doubled salaries for soldiers and police on Friday, the finance ministry said, in an apparent bid to boost morale as Rwanda-backed M23 rebels advance

Congo doubles salaries for beleaguered army amid rebel advance
Business|Economy|Europe|MidEast

'Nimble, dynamic' Cyprus economy may grow 2.5% this year, IMF says

Cyprus has a "nimble and dynamic economy" that should grow about 2.5% this year, the International Monetary Fund said on Friday, while it added that the island should resist any

'Nimble, dynamic' Cyprus economy may grow 2.5% this year, IMF says
Africa|Economy|MidEast|Travel|World

How fatal boating incidents, shark attacks cast shadow on Egypt's tourism

The Red Sea, renowned for its coral reefs and marine life, is a major hub for Egypt's tourism industry, a pillar of the economy. 

How fatal boating incidents, shark attacks cast shadow on Egypt's tourism
Business|Economy|Europe|Finance|Political

Geopolitical angst prompts over 60% of companies to hedge FX for longer, survey shows

Two out of three companies around the world are planning to change their currency hedges by adding to them, or keeping them for longer in response to growing

Geopolitical angst prompts over 60% of companies to hedge FX for longer, survey shows
Economy|Europe|MidEast|Political|World

Lebanese President Aoun in Paris as tensions mount with Israel

Lebanese President Joseph Aoun began talks in Paris on Friday with French President Emmanuel Macron to discuss economic reforms and efforts to stabilise the country, as

Lebanese President Aoun in Paris as tensions mount with Israel
Business|Economy|Europe

Holcim to target M&A deals to fuel growth following Amrize spin-off

Holcim is targeting average annual growth in earnings before interest and taxes of 6% to 10% by 2030, driven in part by mergers and acquisitions, the Swiss cement maker said on

Holcim to target M&A deals to fuel growth following Amrize spin-off
Business|Economy|Europe|Political|US

Berlin on measures against U.S. tech giants: 'Nothing is off the table'

A German government spokesperson said on Friday that "nothing is off the table" with regards to punitive measures in response to the threat of U.S. tariffs, after an EU lawmaker

Berlin on measures against U.S. tech giants: 'Nothing is off the table'
Americas|Business|Economy|Finance

BTG Pactual's Andre Esteves expected to join Eneva's board

The chairman of Brazil's investment bank BTG Pactual, billionaire Andre Esteves, is expected to join the board of power generator Eneva, according to a proposal released on

BTG Pactual's Andre Esteves expected to join Eneva's board
Asia|Business|Economy|Europe

French foreign minister says China is to delay conclusion of Cognac investigation

The Chinese investigation which led to hefty preliminary import tariffs on French-made cognac and armagnac will conclude later than initially planned,

French foreign minister says China is to delay conclusion of Cognac investigation
Africa|Business|Economy

Rio Tinto in talks with Congo to develop lithium deposit, Bloomberg News reports

Rio Tinto has held talks with the Democratic Republic of Congo about developing one of the world's biggest hard rock lithium deposits, Bloomberg News reported on Friday, citing people

Rio Tinto in talks with Congo to develop lithium deposit, Bloomberg News reports
Business|Economy|Fashion and Beauty|Stock Markets|US

Lululemon tumbles as tariff uncertainty, weak demand hit forecasts

Lululemon Athletica's shares fell 13% on Friday after the sportswear maker gave downbeat annual forecasts at a time when the broader apparel space battles an uneven

Lululemon tumbles as tariff uncertainty, weak demand hit forecasts
Business|Economy|Finance|Political|Stock Markets|US

U.S. equity funds see biggest weekly inflows since November

U.S. equity funds witnessed robust demand in the week through March 26 as signals of a more measured tariff approach from the Trump administration helped shift investor focus back to

U.S. equity funds see biggest weekly inflows since November
Business|Economy|Technology|US

Google to pay $100 million to settle advertisers' class action

Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing to provide promised discounts and charged

Google to pay $100 million to settle advertisers' class action
Americas|Business|Economy|Political

Canada home prices to lag inflation; trade war further hurts sentiment: Reuters poll

Canadian home prices are set to lag overall inflation this year, a Reuters poll of property market experts showed, with transaction volumes

Canada home prices to lag inflation; trade war further hurts sentiment: Reuters poll
Americas|Business|Economy|Finance|Political

Canada's GDP for January expands by 0.4% as tariff impact looms

Canada's Gross Domestic Product grew by 0.4% on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on

Canada's GDP for January expands by 0.4% as tariff impact looms
Americas|Business|Economy

Brazil's unemployment rate rises but job creation remains strong

Brazil's unemployment rate rose in the quarter through February as more people actively looked for jobs, official data showed on Friday, with analysts pointing to a still

Brazil's unemployment rate rises but job creation remains strong
Economy|Europe|Finance|Political

ECB's Nagel encouraged but warns against 'over-optimism' on inflation target

ECB policymaker Joachim Nagel said on Friday he was encouraged by recent data on inflation in a number of euro zone economies but warned against over-optimism as the European

ECB's Nagel encouraged but warns against 'over-optimism' on inflation target
Economy|Europe|Political|World

Germany's coalition talks: where do the parties disagree?

The senior leadership of Friedrich Merz's conservative bloc and the Social Democrats were due to begin talks on hammering out a coalition agreement on Friday.

Germany's coalition talks: where do the parties disagree?
Asia|Business|Economy|Finance

KKR and state-backed JIC join forces to take Japan's Topcon private for $2.31 billion

U.S.-based private equity firm KKR and a unit of Japanese state-backed fund Japan Investment Corp (JIC) will acquire medical gear maker Topcon in a

KKR and state-backed JIC join forces to take Japan's Topcon private for $2.31 billion
Business|Economy|Finance|Stock Markets|US

US Feb PCE prices index shows inflation picture still a conundrum

The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday.

US Feb PCE prices index shows inflation picture still a conundrum
Business|Economy|Finance|Political|US

Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook

San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but the recent plateauing of inflation

Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook
Asia|Business|Economy|Political|US|World

China will resolutely respond to US reciprocal tariffs, state media says

China will take resolute countermeasures if the United States harm the country's interests with its upcoming reciprocal tariffs, a social media account affiliated with Chinese state

China will resolutely respond to US reciprocal tariffs, state media says
Economy|Finance|Political

Canada budget deficit over first ten months of 2024/25 increases to C$26.85 billion

Canada recorded a marginally higher C$26.85 billion ($18.77 billion) budget deficit for the first ten months of the 2024/25 fiscal year as government expenditures grew

Canada budget deficit over first ten months of 2024/25 increases to C$26.85 billion
Asia|Economy|Finance|Political|Stock Markets|US

Dollar slips on growth fears before next tariff announcement

The dollar weakened on Friday on growth concerns ahead of a planned announcement next week by U.S.

Dollar slips on growth fears before next tariff announcement
Business|Economy|MidEast|Political|World

Turkish companies 'paying the bill' as political crisis roils economy

Turmoil unleashed by the arrest of Turkey's leading opposition figure last week has sent shockwaves through the private sector, forcing companies

Turkish companies 'paying the bill' as political crisis roils economy
Business|Economy|Finance|US

US natgas prices climb 3% on record LNG flows, lower daily output

U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied natural gas export plants and a decline in daily output.

US natgas prices climb 3% on record LNG flows, lower daily output
Asia|Business|Economy|Political|World

India weighs scrapping import tax on US LNG, boost purchases, sources say

India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with

India weighs scrapping import tax on US LNG, boost purchases, sources say
Business|Economy|Finance|Stock Markets|US

TSX posts biggest decline in three weeks on trade war gloom

Canada's main stock index fell on Friday by the most in three weeks as U.S. data and an expanding trade war raised fears of a global economic slowdown.

TSX posts biggest decline in three weeks on trade war gloom
Asia|Business|Economy|Political|US|World

Alaska governor to brief Trump on Asia gas push as tariffs bite

Alaska's governor will brief U.S.

Alaska governor to brief Trump on Asia gas push as tariffs bite
Business|Economy|Europe|Finance|Stock Markets

Elliott takes big short position in Shell amid BP campaign

U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, has taken a big

Elliott takes big short position in Shell amid BP campaign
Business|Economy|Finance|Stock Markets|Technology

CoreWeave's retail appeal may be tempered by IPO timing, financial pressures

Concerns sparked by CoreWeave's debt pile and other financial challenges may weigh on retail investor enthusiasm as it prepares to go public after what

CoreWeave's retail appeal may be tempered by IPO timing, financial pressures
Business|Economy|Europe|Finance|Political

US extends Serbian oil firm NIS's sanctions waiver for 30 days, President Vucic says

The United States Treasury has granted a second 30-day extension to the Serbian oil company NIS's sanctions waiver, Serbian President Aleksandar Vucic said on Friday.

US extends Serbian oil firm NIS's sanctions waiver for 30 days, President Vucic says
Business|Economy|Finance|Political|Stock Markets|US

Wall Street tumbles as fresh data fuels inflation fear

Wall Street stocks ended sharply lower on Friday, with selloffs in Amazon, Microsoft and other technology heavyweights, after U.S. data stoked fears of

Wall Street tumbles as fresh data fuels inflation fear
Americas|Business|Economy|US

Chile's Codelco sending more copper to US after tariff threat

Chile's Codelco, the world's largest copper producer, has been redirecting some of its spot sales to the United States, CEO Ruben Alvarado said on Friday. U.S.

Chile's Codelco sending more copper to US after tariff threat
Americas|Economy|Environment|Health|Lifestyle|Political

Latin American women opt against motherhood in shift from traditional gender roles

A growing number of Latin American women are choosing not to give birth in a radical departure from the traditional family roles that

Latin American women opt against motherhood in shift from traditional gender roles
Business|Economy|Finance|Political|US

US bank regulators to rescind updated fair lending rules following bank litigation

U.S. bank regulators announced Friday they intended to rescind a 2023 update to fair lending rules for banks and reinstate the prior requirements, citing a

US bank regulators to rescind updated fair lending rules following bank litigation
Business|Economy|Election|Europe|Political

Migration and cuts among Merz's priorities for German coalition talks

Germany's would-be Chancellor Friedrich Merz identified on Friday migration, economic competitiveness and spending cuts as major areas needing agreement with

Migration and cuts among Merz's priorities for German coalition talks
Asia|Business|Economy|Finance

Tin prices jump after earthquake hits Myanmar

Tin prices hit two-week highs in London on Friday as speculators bet that an earthquake that rocked major producer Myanmar could delay a restart of production in

Tin prices jump after earthquake hits Myanmar
Africa|Economy|Political|World

Who is Salva Kiir, the former rebel leading fractured South Sudan?

When South Sudan declared independence from Sudan in 2011 to a chorus of worldwide congratulations and celebrations, rebel-leader-turned-president Salva Kiir promised his people freedom

Who is Salva Kiir, the former rebel leading fractured South Sudan?
Economy|Europe|Political|World

Greenland's new prime minister takes office facing challenge from Trump

Jens-Frederik Nielsen, a 33-year-old former minister of industry and minerals, was sworn in as the youngest prime minister of Greenland on Friday to

Greenland's new prime minister takes office facing challenge from Trump

Follow