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The United States’ recent imposition of a 15% import tariff on South Korean goods, including the highly popular “K-beauty” skincare and cosmetics sector, is unsettling an industry that has seen explosive growth in American markets. Despite the levy being lower than the initially threatened 25%, retailers and consumers alike are preparing for price hikes and supply chain adjustments that could…
Washington, D.C. In a dramatic and unprecedented development, U.S. President Donald Trump has fired Erika McEntarfer, commissioner of the Bureau of Labor Statistics (BLS), following the release of a disappointing July jobs report that showed significantly weaker employment growth than expected. The president accused the agency of "rigging" jobs data to damage Republican prospects and his administration’s economic record, triggering widespread…
The UK Supreme Court has delivered a landmark judgment curbing widespread compensation claims by motorists over undisclosed commissions paid on car loans, ruling in favour of finance companies in two of three major test cases. The decision narrows the scope of potential payouts after earlier courts had signalled a possible wave of claims comparable to the PPI mis-selling scandal, affecting…
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