Business

The Primary School, a tuition-free private school with 543 students co-founded by Mark Zuckerberg’s wife Priscilla Chan, will shutter its doors after roughly a decade in operation. The school, which has two locations in the San Francisco area, said in a note on its website that it will close after the 2025-2026 academic year. To sustain its legacy, the billionaire couple’s philanthropic…

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© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to…

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to…

White House senior counselor for trade and manufacturing Peter Navarro said in an interview that Vietnam’s offer for 0% tariffs on U.S. imports “means nothing.” He added that getting rid of tariffs on the U.S. is just a start and shifted the emphasis to non-tariff trade barriers and other issues which would require major internal shifts in target countries. Vietnam…

A conservative think tank found the White House measured retail price elasticity when it should have used import price elasticity. That mistake meant the tariff outputs were about four times higher than they should have been.  The formula the White House used to calculate its recent tariff is based on an error that roughly quadrupled the rates from what they…

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he is expected to announce Wednesday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike. Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize…

In the span of just three weeks, Rocket Cos. has thrown around more than $11 billion in a bid to reshape the way Americans buy, sell and finance their homes. The goal: make everything run through Rocket, from start to finish. In Rocket’s vision of the housing market, buyers and sellers will connect through Redfin Corp., the home-search platform it agreed to…

Top national security officials for President Donald Trump, including his defense secretary, texted war plans for upcoming military strikes in Yemen to a group chat in a secure messaging app that included the editor-in-chief for The Atlantic, the magazine reported in a story posted online Monday. The National Security Council said the text chain “appears to be authentic.” The material…

President Donald Trump’s crypto portfolio continues to grow. His crypto project World Liberty Financial has launched a stablecoin, or a token pegged to a fiat currency like the U.S. dollar, according to Bitcoin or Ethereum can soar or plummet 10% in hours. As their name implies, stablecoins are designed not to fluctuate. This is achieved by creating a reserve, typically…