Author: Daniel snow

[ad_1] We are all in the blast radius of Trump’s tax-cut bill, which Catherine Rampell calls ‘transfer of wealth from the poor to the rich, from the young to the old and from the future to the past.’ [ad_2] Source link

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[ad_1] People stand in front of an Apple store in Beijing, China, on April 9, 2025.Tingshu Wang | ReutersApple on Friday raised the amount of money people can get off their next iPhone in China by trading in their old device, rolling out further incentives to spur demand in a crucial market.The iPhone 15 Pro Max now has a trade-in value of up to 5,700 Chinese yuan ($791), an increase from 5,625 yuan previously. For reference, a brand new iPhone 15 Pro Max starts at 7,999 yuan in China. The iPhone 15 Pro model can now be traded in for…

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[ad_1] Trade tensions between the world’s two largest economies have escalated in the last two weeks.Dilara Irem Sancar | Anadolu | Getty ImagesThe U.S. and China have agreed to maintain communication following a call between Chinese Vice Foreign Minister Ma Zhaoxu and U.S. Deputy Secretary Kurt Campbell on Thursday, according to a readout released by the Chinese Foreign Ministry on Friday.Both sides exchanged thoughts on crucial issues during the call, the statement said, without elaborating.This is breaking news. Please refresh for updates. [ad_2] Source link

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