This Changes Things hosts Baker Machado and Brad Smith explain how small businesses will be impacted by Trump's proposed tariffs. Plus, why Nordstrom rejected a bid from the company's founding family.
According to The Trade Partnership, the proposed tariffs on aluminum and steal could end up costing America close to 150,000 jobs. In addition, some consumer industries would see declines in employment as households scale back their spending in response to higher prices.
Plus, a new report by the American Customer Satisfaction Index revealed that customer satisfaction while shopping online was down last year. Satisfaction among supermarket and drugstore customers increased.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.