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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
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Trump tariffs prompt largest-ever drop in U.K. goods exports to U.S.

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Philip Aldrick
Philip Aldrick
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June 12, 2025, 5:44 AM ET
Trump hit the U.K. with 10% tariffs on all goods on his April 2 “Liberation Day.” Imports of steel and aluminium, and cars and car parts were subject to a higher 25% tariff.
Trump hit the U.K. with 10% tariffs on all goods on his April 2 “Liberation Day.” Imports of steel and aluminium, and cars and car parts were subject to a higher 25% tariff.Chris Ratcliffe—Bloomberg via Getty Images
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Britain’s goods exports to the US fell in April by the largest amount for any month since records began in 1997 after President Donald Trump launched his global trade war.

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Goods shipments to the US including precious metals fell by £2 billion ($2.7 billion) from March, which the Office for National Statistics said was “likely linked to the implementation of tariffs on goods imported to the United States.” It left sales to the US at £4.1 billion, the lowest since February 2022.

Trump hit the UK with 10% tariffs on all goods on his April 2 “Liberation Day.” Imports of steel and aluminium, and cars and car parts were subject to a higher 25% tariff.

There were decreases in exports of most commodities to the US in April, the ONS said. Exports of machinery and transport equipment decreased by £800 million because of a drop in car shipments. Chemical exports fell by £300 million. Imports from the US slid by £400 million to £4.7 billion.

The UK struck a deal with the US on May 8 lowering car tariffs and removing them on aluminium and steel but the new regime has yet to be put in place.

The total goods and services trade deficit with the rest of the world widened by £4.9 billion to £11.5 billion in the three months to April 2025.

ONS Director of Economic Statistics Liz McKeown said: “After increasing for each of the four preceding months, April saw the largest monthly fall on record in goods exports to the United States with decreases seen across most types of goods, following the recent introduction of tariffs.”

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