You think the insane flow of politics in your newsfeed, on your TV and lighting up your iPhone will slow when the Trump Show ends?
Think again: Media companies are doubling down on even more politics to generate even higher ratings and more clicks, as audiences seems to crave all politics, all the time. This is your life on politics.
American farmers are livid with President Trump's tariffs. But not garlic growers. Reeling after a quarter-century-long war with Chinese garlic farmers, they are thrilled with a trade war that they say could finally give them the advantage on U.S. turf.
Why it matters: Chances are if you're cooking with garlic (or, less commonly, using it medicinally), it's from China, which has an iron grip on the U.S. market, controlling more than 90% of the dried garlic trade and killing many American garlic farms. U.S. farmers think Trump's new 10% tariff could bring them back to life.
U.S. tariffs on around $200 billion in Chinese imports are set to jump to 25% on Jan. 1, up from the 10% implemented last month. That works out to around $30 billion in new taxes to be paid by U.S. importers, many of whom will pass at least some of the costs on to U.S. consumers.
Be smart: Economics differ on the degree to which increased tariffs will affect things like GDP, corporate earnings, and inflation, but few of the predictions are broadly cataclysmic.
Authorities in Myanmar have arrested three journalists for publishing a story that criticized government spending, just weeks after a pair of Reuters reporters were sentenced to seven years in prison for their investigation of the Rohingya Muslim crisis, per Al Jazeera.
The big picture: The disappearance of Saudi journalist and Washington Post columnist Jamal Khashoggi highlights the dangerous climate for journalists in many countries around the world at present.
The latest news on the Facebook breach Friday may have caught everyone's attention, but there was other tech-related news this week that's worth your time — including a new music law and a possible IPO from Bumble.
Walmart is acquiring Bare Necessities, a 20-year-old online intimates retailer, for an undisclosed sum.
Why it matters: Bare Necessities is Walmart's latest in a string of acquisitions of unique online apparel brands. Last year, it acquired vintage-inspired retailer ModCloth, and since followed by online menswear company Bonobos, and plus-size brand ELOQUII, among others.
Treasury Secretary Steven Mnuchin told CNBC Friday that, while the U.S. is concerned about the disappearance of journalist Jamal Khashoggi, Saudi Arabia has "been a very good partner," and that he still plans on attending the Saudi Future Investment Initiative conference.
Why it matters: As Axios' Jonathan Swan points out, the administration has so far said very little about this incident, but the international pressure has reached a fever pitch. Meanwhile, several high profile U.S. companies and businesses have decided to pull out of the conference or suspend business ties with the Saudis until more answers on Khashoggi's whereabouts are provided.
There's an "extensive list" of geopolitical risks that could hurt U.S. economic growth, J.P. Morgan CEO Jamie Dimon said to analysts and reporters Friday morning.
The big picture: Dimon's warning about what could stunt the strength of the economy comes after the stock market's rough few days that rattled investors.
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