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Tesla is looking for a robotaxi operator in NYC — before it even has permits
Tesla’s decision to pursue robotaxi operations in New York City highlights its ambition to enter a lucrative market despite regulatory challenges, potentially accelerating revenue...
Read Full Article →Anthropic gifts Claude to the US government for $1, joining list of tech firms offering discounts
Anthropic has provided its AI model Claude to the US government at a nominal fee, reflecting a trend of technology companies supporting federal agencies through significantly disco...
Read Full Article →Spirit Airlines warns it may not last another year with current cash flow problems
Spirit Airlines’ recent quarterly report revealed substantial financial challenges, including a significant net loss, raising concerns about its ability to maintain operations beyo...
Read Full Article →Trump meets with Intel CEO at the White House after demanding his removal
The meeting between the president and the Intel CEO could have implications for the company's strategic direction and investor confidence, potentially influencing market perception...
Read Full Article →Markets on edge ahead of high-stakes CPI release
Investors are closely monitoring upcoming inflation data due to ongoing trade tensions, persistent housing costs, and a slowing job market, all of which may influence central bank...
Read Full Article →Tariffs already tacked billions on food and clothing costs. These items saw the biggest hikes
The recent tax increases on meat and footwear have contributed significantly to the overall rise in expenses for essential goods such as food and clothing during May and June.
Read Full Article →Trump has reportedly delayed slapping steeper tariffs on China yet again
The ongoing negotiations between China and the U.S. continue to influence market expectations, as postponing higher tariffs may help maintain economic stability and prevent increas...
Read Full Article →Trump exempts gold from U.S. tariffs
The removal of tariffs on gold by the U.S. has contributed to increased imports, significantly influencing the widening trade imbalance with Switzerland due to rising consumption o...
Read Full Article →U.S. consumers will take most of the hit from tariff costs: Goldman Sachs
According to analysts, American households are expected to bear nearly two-thirds of the expenses associated with tariffs, impacting their overall spending and financial decisions.
Read Full Article →Ford doubles down on EVs with $5 billion bet
Ford is investing $5 billion to upgrade its Kentucky plant as part of a larger strategy to produce cost-effective electric vehicles, beginning with a new truck model expected in 20...
Read Full Article →Bitcoin and Ether hover around all-time highs
During early trading Monday, the prices of Bitcoin and Ether experienced notable increases, reflecting heightened investor interest and potentially influencing market valuations ac...
Read Full Article →Nvidia and AMD will give a 15% cut to the government for chip sales in China
Nvidia and AMD's agreement to allocate a portion of their chip sales revenue in China to the government marks a notable development in international trade and could impact their ov...
Read Full Article →FDA biologics chief back 12 days after resigning, creating pressure on biotech stocks
The unexpected return of the FDA biologics leader shortly after stepping down has introduced uncertainty, leading to a decline in the valuation of various biotechnology companies w...
Read Full Article →These 7 countries dominate the rare earths market
The concentration of rare earth element production in seven countries highlights their pivotal role in supporting global defense, technology advancements, and renewable energy deve...
Read Full Article →Cisco, Deere & Co, and fresh CPI numbers: Stocks and data to watch this week
Investors are closely monitoring upcoming inflation figures alongside quarterly earnings from key corporations, as these factors could influence market trends and financial decisio...
Read Full Article →Combat by commerce: Trump's forever war in trade
Trump's approach to international trade involves frequently renegotiating agreements, which could lead to sustained economic tensions and unpredictable market conditions affecting...
Read Full Article →Trump to replace IRS chief nearly two months after he stepped into the job
The change in IRS leadership, occurring shortly after the previous chief's appointment, may impact financial policies and tax administration stability during the transition period.
Read Full Article →Gold futures rise after Trump tariffs reportedly impact Swiss bars
The imposition of certain U.S. tariffs on Swiss gold bars may influence market dynamics by increasing costs and affecting trade flows within the global precious metals industry.
Read Full Article →Homeowners are sitting on $35 trillion in equity. These 3 stocks could benefit
Many homeowners hold substantial equity, and with declining interest rates, certain companies may see increased demand as individuals consider accessing these funds for various exp...
Read Full Article →Ether breaks $4,000 for the first time in 8 months
Ethereum surpassing the $4,000 mark reflects increased investor interest and strategic accumulation by businesses, highlighting its growing role and value within the broader digita...
Read Full Article →The U.S. economy swung back to growth as consumer spending rose despite tariffs
The increase in consumer expenditures alongside a significant decline in imports contributed to a 3% economic expansion in the U.S. during the second quarter, highlighting importan...
Read Full Article →5 foods that could get a lot more expensive very soon
The upcoming August 1 tariff deadline may lead to substantial increases in the cost of several essential grocery items, impacting household budgets and overall food expenses.
Read Full Article →Scott Bessent tells countries 'not to panic' if they don't meet Trump's trade deadline
The treasury secretary advised countries to remain calm regarding economic expectations, despite President Trump maintaining a firm deadline for renegotiating trade agreements with...
Read Full Article →The Fed is set to hold its ground on interest rates. But politics loom large
The Federal Reserve's decision to maintain current interest rates reflects ongoing economic uncertainties, including trade tensions, inflation concerns, and political influences th...
Read Full Article →Trump threatens a 25% tariff on India and digs in on Aug. 1 deadline for new deals
The proposed 25% tariff on India could impact trade relations and economic exchange, reflecting ongoing negotiations and tensions regarding fair treatment and partnership between t...
Read Full Article →5 grocery items besides eggs that are more expensive in 2025
New information from government agencies reveals rising costs for several common grocery products in 2025, contributing to overall higher expenses despite reduced egg purchases.
Read Full Article →Chase credit cards can soon be used on Coinbase — despite CEO Jamie Dimon's scorn for crypto
JPMorgan’s new collaboration with Coinbase will allow Chase credit cardholders to purchase cryptocurrency, potentially increasing digital asset transactions and expanding the bank’...
Read Full Article →Tesla signs $4.3 billion battery deal with LG, cutting back its reliance on China
Tesla's new multi-year agreement with LG Energy Solution to purchase domestically produced batteries aims to reduce exposure to tariffs and diversify its supply chain away from Chi...
Read Full Article →Starbucks revenue beats Wall Street expectations despite decline in global sales
Starbucks reported higher-than-anticipated revenue for the fiscal third quarter, highlighting strong financial performance despite experiencing a decrease in overall international...
Read Full Article →The U.S. and China close in on renewing trade truce as another Trump deadline nears
The ongoing negotiations between the U.S. and China hold considerable economic importance, as resolving trade disagreements could impact global markets, supply chains, and investme...
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