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US president says the EU is “out of compliance” with current trade agreements, imposing new tariffs starting next week.Published May 1, 2026May 1, 2026US President Donald Trump has announced that he will raise tariffs on cars from the European Union to 25%.Friday’s announcement could send a shockwave through a global economy already fragile due to the U.S.-Israel war with Iran.Recommended stories list of 3 itemsend of listThis comes months after the U.S. and EU struck a trade deal, with President Trump imposing broad reciprocal tariffs on trading partners around the world. The deal set tariffs on most items at 15%,…
Welcome to The Radar. Nick Wright’s Sky Sports column combines data and opinion to highlight must-know stories from the top and bottom of the Premier League. this week: 🔴Fernandez joins the assist mission🤔 Has the slot found a write-back solution?🔍 Players to watch this weekend Fernandes and Henry chasing De BruyneBruno Fernandes was on the brink of setting a Premier League record after assisting Benjamin Sesco’s breakthrough goal in Manchester United’s 2-1 win over Brentford on Monday. Use Chrome Browser for a more accessible video player Bruno Fernandes has assisted Bruno Fernandes four times this season. data wrapper This content…
New data shows that the so-called K-shaped economy is becoming more pronounced.In the aftermath of the coronavirus pandemic, K has been used to describe Americans’ diverse economic experiences. While high-income households are getting better and better, low-income households are falling further behind.A new report from credit bureau TransUnion finds that while credit conditions are improving for most consumers, others are struggling in the face of higher costs and increased debt burdens.The K-shaped economy is “alive and well,” said Michele Ranelli, vice president and head of U.S. research and consulting at TransUnion.Read more CNBC’s personal finance coverageOver the past few years,…
In this Club Check-in, CNBC Investing Club’s Paulina Ricos and Zeb Fima explain what really matters to investors following a flurry of earnings reports highlighting strong demand for artificial intelligence infrastructure and a continued surge in spending. The AI industry faced a major test this week as several major hyperscalers announced their quarterly results. The initial view was that Alphabet, Microsoft, Meta Platforms, and Amazon all passed with flying colors, but beneath the headline’s strong numbers, a more nuanced argument is taking shape. Hyperscalers are leaning toward spending, especially despite rising costs for memory and other hardware components, indicating that…
President Trump said Iran’s offer, sent through Pakistan, contained conditions he was not satisfied with.Published May 1, 2026May 1, 2026President Donald Trump said he is “not happy” with Iran’s latest peace proposal to end a war that has left thousands dead and sparked a global energy crisis.The US president told the media on Friday that it was unclear whether a deal with Iran would be reached, and warned that he would “blow Iran up” if negotiations failed.Recommended stories list of 3 itemsend of list”They want a deal, but I’m not happy with it, so we’ll see what happens,” Trump said…
Tottenham manager Roberto De Zerbi has issued an impassioned shout in the club’s fight to avoid relegation, declaring: “We are not relegated yet” and hopes to end the “negative” voices around Spurs.Despite Spurs picking up their first Premier League win of 2026 against Wolves last weekend, they are still two points away, with injuries to Xavi Simmons and Dominic Solanke making their task of breaking up the table even tougher. But De Zerbi has no time for negative thoughts ahead of Sunday’s game against Aston Villa, as Spurs could move five points clear of West Ham if they win against…
College application season is starting all at once. On August 1, 2025, I woke up to over 100 emails from universities informing me that their applications were being accepted. I applied to 27 universities. Two of the schools I was confident of getting into, four I had a realistic chance of getting into, and 21 were highly competitive schools, including four Ivy League schools.I was wondering if I had prepared enough. But to my surprise, in early spring, I was accepted into three of the four Ivy schools: Yale, the University of Pennsylvania, and Dartmouth. This fall, I will be…
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on April 16, 2026.Anna Moneymaker | Getty ImagesPresident Donald Trump said Friday he is not satisfied with a new offer from Iran to end the two-month war with the United States and Israel.”Iran wants a deal, but I’m not happy with it,” Trump told reporters at the White House. “Iran wants a deal because it has no troops left.”Asked why he was dissatisfied with Iran’s latest offer, Trump said: “They’re asking for things that I can’t agree to.”Early Friday morning, Pakistani…
Both Mercedes drivers suffered problems on their return to F1, but it was Charles Leclerc who set the fastest time in Miami Grand Prix practice in a heavily upgraded Ferrari.Leclerc twice recorded fast enough lap times to beat Red Bull’s Max Verstappen by 0.297 seconds in the only practice session, but there were early signs suggesting Mercedes no longer had the outright fastest car ahead of Friday’s 9.30pm sprint qualifying, which will be broadcast live on Sky Sports F1. Oscar Piastri was third, but McLaren teammate Lando Norris looked more competitive and would have closed in on Leclerc had it…
Elon Musk spent the better part of three days on the witness stand this week in his lawsuit against OpenAI, and things are already starting to get messy. Emails, text messages and his own tweets were revealed in court, with more witnesses expected. What are Mr. Musk’s claims about OpenAI? By converting the company to a for-profit model, Sam Altman betrayed the “non-profit for the benefit of humanity” mission that Musk signed on to fund. Musk repeatedly reminded the court that “you can’t steal charity.” In this episode of TechCrunch’s Equity Podcast, Kirsten Kolosek and Sean O’Kane discuss what’s really…