Lots of clothes on store shelves may become more expensive due to new tariffs from President Donald Trump. Despite three years of price increases and higher costs of living, some Wall Street analysts believe that consumers may be too fatigued to make purchases. The impact of the tariffs on consumer behavior remains uncertain.
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E.U. Prepares Major Penalties Against Elon Musk’s X
European Union regulators are preparing major penalties against Elon Musk’s social media platform, X, for violating a new E.U. law aimed at combating illicit content and disinformation, with fines and product changes expected to be announced this summer. The move is likely to escalate tensions with the United States, targeting one of President Trump’s closest advisers. The investigation into X is progressing independently from tariff negotiations, and if X refuses to comply, a legal confrontation...
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