Target CEO says tariffs risk ‘massive’ costs, but price hikes a ‘last resort’

Target CEO Brian Cornell on Wednesday warned of “massive potential costs” due to tariffs, saying the company would raise prices as a “very last resort.” “The difficulty level has been incredibly high given the rates we’re facing and the uncertainty about how these rates in different categories might evolve,” Cornell said. “We’re focused on supporting … Read more

What’s in Trump’s ‘big’ tax and immigration bill House Republicans are struggling to pass

Officially titled the “One Big, Beautiful Bill Act,” this megabill fulfills a laundry list of President Donald Trump’s campaign promises from taxes to border security. As House Republicans continue to negotiate the final details of the legislation, here’s a look at some possible ways the bill could affect everyday Americans, according to recent estimates. Keep … Read more

Trump’s impact on European politics: Rise of the right and liberals pushing back 

If this past weekend in European politics is an indicator of anything, it’s that the “Trump effect” is real, and its reverberations are unpredictable. Three European Union countries held elections on Sunday — Romania, Poland and Portugal — with the results failing to show any clear trend for the future of European politics. The elections … Read more