Business

President Donald Trump's recent tariffs on China have resulted in a substantial rise in toy prices, impacting nearly 80% of all toys sold in the US, which are manufactured in China. This increase is compelling companies to elevate prices and consider layoffs of American workers.

The Target Fast also includes demands such as restoring DEI initiatives, honoring a $2 billion pledge to Black businesses, investing in HBCUs, and depositing $250 million into Black-owned banks.

AI-powered tools are increasingly vital for enhancing workplace accessibility, facilitating tasks such as transcribing meetings, composing emails, describing images, and converting voice to text. However, the swift advancement of AI has also introduced challenges, as numerous AI tools remain imperfect.

While Target remains silent on its declining traffic, the contrast with its competitors is glaring. Costco, which maintained its DEI commitments despite political attacks, saw a 5.2% year-over-year increase in foot traffic during the same week

Verity Credit Union is offering a Microgrant Program to provide $5,000 to $7,500 in unrestricted support to six grassroots nonprofits this spring, with applications open until April 15, 2025.

TikTok's parent company ByteDance faces an April 5 deadline to sell the app's US operations, following an extension by President Trump. Several potential buyers have expressed interest, and Trump has indicated a willingness to assist in brokering a deal to maintain access to the platform.

Independent contractors can leverage a range of tax deductions on their 1099 returns. These deductions encompass home office expenses, educational costs, business insurance premiums, depreciation of property and equipment, vehicle-related expenses, business travel, cell phone and internet bills, health insurance and medical expenses, retirement savings, startup costs, advertising fees, consulting and professional service fees, self-employment taxes, and the qualified business income (QBI) deduction.

GameStop has shuttered over 1,000 stores globally within the past year and is redirecting its financial strategy by investing in bitcoin as a treasury reserve asset, signaling a shift away from its traditional retail model.

US stocks declined on Friday as investors processed deteriorating consumer sentiment and inflation data, coupled with President Trump's announcement of 25% tariffs on all cars imported into the US, which heightened concerns about the economic impact.

“Sometimes they take 30 percent off the top of your refund,” she added. “And they’re not required to disclose the interest rates or terms.