U.S. importers are using a decades-old customs valuation method that lets them declare tariffs based on the manufacturer’s price, reducing duty payments significantly for many goods.
An associate of Banco Master owner Daniel Vorcaro died after being declared brain dead following a suicide attempt while in custody during an investigation into the bank’s collapse. Authorities say the case involves allegations of bribery and intimidation tied to the lender’s failure.
“Absolute alignment with our shareholders, our partners, our owners, is critical.” Berkshire Hathaway CEO Greg Abel says he will use his entire after-tax salary each year to personally buy Berkshire shares.
U.S. strikes on Iran are quickly spilling into the domestic economy. Fuel prices, bond yields, and freight costs are rising while markets face renewed volatility just months before the 2026 midterm elections.
U.S. crude oil surged above $79 per barrel after Iran claimed it struck an oil tanker with a missile. Tanker traffic through the Strait of Hormuz has largely halted as security risks escalate, raising concerns over disruptions to a critical global oil transit route.
The Justice Department released millions of documents tied to Jeffrey Epstein investigations, exposing communications, contacts with high-profile figures, and investigative records spanning decades.
Oil prices have climbed sharply after U.S. and allied strikes on Iran, lifting gasoline and energy costs — a direct input to headline inflation in the U.S. and abroad.
U.S. importers are using a decades-old customs valuation method that lets them declare tariffs based on the manufacturer’s price, reducing duty payments significantly for many goods.
Walmart has agreed to pay $100 million to resolve claims by the U.S. Federal Trade Commission and 11 states that it misled drivers and customers about pay and tip earnings in its Spark Driver delivery program, with new compliance mandates included in the settlement.
5 KEY NUMBERS ON LARRY SUMMERS’ HARVARD RESIGNATION
Former Harvard President Larry Summers will step down from his Harvard faculty roles amid scrutiny over his ties to Jeffrey Epstein; resignation effective at end of academic year.