President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Grab your tiara and your pearls, it's time for breakfast at Tiffany's.
The famed jeweler opens on Friday in its Fifth Avenue flagship store The Blue Box Café, a dining area doused in its famed robin egg blue that will give patrons the chance to have a breakfast at Tiffany's.
Its first-ever retail concept will serve American classics that change with the season. According Vanity Fair, diners can order coffee and croissant for $29. It will be served along with a choice of avocado toast, truffled eggs, or a smoked salmon bagel with schmear.
The launch comes as Tiffany, like all retailers, has struggled to adapt to changing shopping habits. Marriage rates are declining, synthetic diamonds are proliferating and millennials are choosing to spend money on experiences rather than stuff.
The cafe will sit on its renovated fourth floor, which houses its home and accessories collection.
"Both the café and redesign of the home & accessories floor reflect a modern luxury experience," said Reed Krakoff, chief artistic officer in a statement. "The space is experimental and experiential — a window into the new Tiffany."
Tiffany has also undergone management and board changeover, amid pressure from activist fund Jana Partners. Former Diesel Chief Executive Alessandro Bogliolo in October took over as CEO and longtime Ralph Lauren executive Roger Farah took over as chairman