U.S. to Impose 100% Tariff on Branded Drugs Unless Firms Build Plants
President Trump says a 100% tariff will apply to branded pharmaceutical imports from Oct. 1, unless the companies have begun building manufacturing plants in the U.S.
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President Trump says a 100% tariff will apply to branded pharmaceutical imports from Oct. 1, unless the companies have begun building manufacturing plants in the U.S.
Premium travel rewards cards now carry annual fees topping $500. With careful use of credits and perks, cardholders can still come out ahead.
The U.S. government will phase out nearly all paper Social Security payments by September 30, 2025, requiring recipients to switch to direct deposit or prepaid debit cards.
President Trump’s new tax measure raises the SALT deduction cap to $40,000, with residents in states like New York and California seeing the biggest median savings.
Huawei has detailed a three-year campaign aimed at narrowing the technological gap with Nvidia, relying on scale, national strategy and integrated infrastructure rather than raw silicon supremacy.
The New York Department of Taxation and Finance will send refund checks to over 8 million residents starting late September, with exact amounts based on 2023 income and filing status.
The Federal Reserve lowered its benchmark rate by 0.25% to 4.00%–4.25%, its first step in a projected series of cuts as job growth slows and inflation stays high.
China has ordered major tech firms to stop buying Nvidia’s RTX Pro 6000D chips, prompting CEO Jensen Huang to express disappointment and highlight growing geopolitical risk.
The average U.S. FICO score slipped from 717 to 715 over the past year, marking its largest annual drop since the financial crisis, as more borrowers miss payments and student-loan delinquencies rise.
Major U.S. tech firms including Microsoft, Nvidia, Google and OpenAI have committed approximately £31 billion (about $40 billion) toward UK AI infrastructure, signaling a major boost to the country’s computing and innovation potential.