The leather industry is in a tough spot. Tariffs have made everything more expensive. Companies like Twisted X, known for their boots, had to scramble when import costs shot up. They even set up a "tariff war room" to handle the chaos. Prices for leather goods are expected to stay high for a while.
Canada has chosen a new ambassador to the United States. Mark Wiseman, a well-known figure in the world of finance, will take on this important role. He is set to start his new job in mid-February. Wiseman has a lot of experience. He has worked in Canada's pension funds and big U. S. financial compa
China has decided to impose tariffs on European dairy products. The move comes after an investigation into EU subsidies for dairy. These subsidies, according to China, have hurt their own dairy industry. The tariffs will range from 21. 9% to 42. 7%. Companies that cooperated with the investigation w
Jim Beam, the famous bourbon whiskey brand, is taking a short break. Starting January 1st, the main distillery in Clermont, Kentucky, will stop making whiskey. This is not forever, though. The company wants to use this time to make some improvements. The good news is that visitors can still go to t
The world is facing a new challenge: a secret fleet of ships, often old and poorly maintained, is being used to move oil and other goods while avoiding sanctions. This fleet, known as the "shadow fleet, " is growing rapidly, especially after Russia's invasion of Ukraine in 2022. It now includes arou
Jim Beam, a big name in Kentucky bourbon, is taking a pause. Starting January 1, they will stop making bourbon at their main distillery. This isn't because they're in trouble. It's because they have too much bourbon aging in barrels. Kentucky has a record number of barrels, over 16 million, sitting
Columbia Falls School District is pushing for a new charter school focused on trades. This isn't just any new idea; it's building on something they've already been doing well. For years, students from Columbia Falls have been working with Glacier National Park. They build cabins and other structures
Mason Marchment is on the move again. This time, he's heading to the Columbus Blue Jackets from the Seattle Kraken. The trade involved a second-round pick in the 2027 NHL Draft and a fourth-round pick in the 2026 NHL Draft. The latter pick originally came from the New York Rangers. Marchment, who i
Belarus is becoming more tied to Russia's economy. This is happening in many important areas. These include energy, trade, money, investments, and even defense. Trade is a big part of this. Most of Belarus's exports go to Russia. Some also go to other countries. But they use Russian roads, ports, a
Farmers across the U. S. are in a tough spot. They're dealing with low crop prices, high costs for things like fertilizer, and the fallout from trade wars. The USDA recently announced a $12 billion aid package to help ease the pain. But farmers say it's not enough to fix the problems they're facing.
