April 30, 2025
Chicago 12, Melborne City, USA

Business

Business Resilience

Trump to Meet With Major Retailers Over Tariff Concerns

Executives from Walmart, Target, Lowe’s, and Home Depot are expected to take part in the meeting. President Donald Trump is scheduled to meet on the afternoon of April 21 with executives from several of the nation’s largest retailers to discuss the impact of sweeping tariffs on their businesses, The Epoch Times has learned. The meeting—first

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Business Resilience

Walgreens Agrees to Pay up to $350 Million in Civil Settlement Over Opioid Prescriptions

Walgreens says it ’strongly disagrees with the government’s legal theory and admits no liability.’ Walgreens has agreed to pay up to $350 million to settle allegations that it knowingly filled millions of unlawful opioid and other controlled-substance prescriptions and submitted false claims to federal health programs, the Justice Department announced April 21. The settlement resolves

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Business Resilience

India Imposes 12 Percent Tariff on Some Steel Imports

India’s heavy industries minister welcomed the tariffs as a way to protect the country’s domestic steel industry. India levied a new 12 percent tariff on some steel imports on April 21 amid a recent surge in cheap Chinese steel products. The Indian Ministry of Finance announced that the tariffs would apply to five different categories

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Business Resilience

Gold Hits New Record at More Than $3,400 Per Ounce

The U.S. dollar index has weakened to a three-year low, contributing to gold demand. Spot gold prices broke the $3,400 per oounce barrier to hit a new high of $3,424.40 on Monday morning trade as a host of factors created uncertainty among investors, boosting the safe haven demand for the metal. Tariffs continue to rock

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Business Resilience

Nearly Half of U.S. Home Sellers Are Offering Buyer Concessions

In addition to concessions, some sellers are lowering their asking prices or accepting offers below the list price. Nearly half of U.S. home sellers gave concessions to buyers in the first quarter of 2025, as rising housing costs, high interest rates, and a growing supply of homes have made buyers more cautious, according to a

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Business Resilience

Dow Jones Drops 1,000 Points, While Trump Again Calls on Fed to Lower Interest Rates

It came as the president suggested on April 21 that the Federal Reserve needs to make ‘preemptive cuts’ as soon as possible. The three major U.S. stock indexes opened sharply lower on the morning of April 21 amid ongoing White House negotiations on tariffs and as President Donald Trump again called on the Federal Reserve

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Business Resilience

Selling Your Home Could Cost: Capital Gains Tax on Real Estate

Any financial gains from a home sale must be reported to the IRS when filing your tax return. Selling a home could end up costing you. That’s because capital gains taxes apply to real estate, such as your home, and are levied on profits from its sale. The tax rate depends on how long you’ve

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Business Resilience

Know the Difference Between Treasury Bills and Treasury Bonds

Treasury bills and bonds are low-risk, government-backed debt securities. By Tom Taulli From Kiplinger’s Personal Finance The federal government raises huge amounts of money by issuing debt securities. Treasury bonds and Treasury bills are the two main varieties buyers invest in. They both have the backing of the full faith and credit of the U.S.

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Business Resilience

Beijing’s ‘Gray Trade’ Tariff Avoidance Scheme

China is starting to ship its goods to low-tariff countries first, then export them to the United States to evade high tariffs. Commentary Is a new boom in deceptive trading practices taking shape in many parts of the world? As the U.S.–China trade war intensifies, it certainly looks that way. China’s Gray Trade Strategy Blunts

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Business Resilience

Can Labor Hold the West? Cost-of-Living Crunch to Test Voter Loyalty

Once a stronghold of the Labor Party the area is showing signs of volatility amid the ongoing inflation crisis. News Analysis As Australia trundles through its 2025 federal election campaign, Western Sydney continues to shape as one of the more intriguing and consequential electoral battlegrounds. The fast-growing region, which suffered prolonged lockdowns during the pandemic,

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