Business
US imposes 50 percent tariffs on Canadian goods following collapse of trade talks
Trump invokes obscure 1930 tariff statute to impose 50% tax on Canadian imports
Meta multi-state settlement puts pressure on competitors regarding online child safety
Asia Rewrites Energy Playbook Following Strait of Hormuz Crisis
Short-Term Treasury Yields Rise Following Jackson Hole Inflation Focus
South Korea surpasses US to become second-largest cosmetics exporter
US government changes three retirement rules with minimal fanfare
Meta agrees to $18bn settlement to end landmark lawsuit with 29 US states
Meta has agreed to an $18 billion settlement with 29 US states over allegations that Facebook and Instagram harm children, though critics argue the financial penalty has not diminished the company's market power.
- Meta agreed to an $18 billion settlement with 29 US states.
- The lawsuit centered on allegations that Facebook and Instagram harm children.
- Meta's stock price rose following the settlement announcement.
US economy created fewer jobs than previously reported in 2025-2026 benchmark revisions
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