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Japan calls Trump's latest tariff salvo 'regrettable' as nations scramble to deal with fresh deadlin...
The announcement of revised tariff rates for multiple countries ahead of the August deadline highlights potential shifts in international trade costs, influencing global market dyn...
Read Full Article →Australia unexpectedly holds policy rate as it awaits more inflation data
The Reserve Bank of Australia paused interest rate changes to gather additional data, aiming to ensure inflation is steadily approaching the targeted 2.5 percent before making furt...
Read Full Article →Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand
Samsung's anticipated operating profit of approximately $4.57 billion in the second quarter reflects a significant decline, highlighting challenges in capitalizing on the growing a...
Read Full Article →Tariffs, declining real wages, slowing growth: Japan's central bank has its work cut out
Recent wage figures indicate that rising prices may be significantly eroding purchasing power in Japan, presenting challenges for economic growth and financial stability despite no...
Read Full Article →Jim Cramer says Trump's latest round of tariffs isn't 'meaningful'
Jim Cramer indicated that the recent tariffs introduced by President Trump may have limited impact on the market and might not significantly influence long-term economic trends or...
Read Full Article →CoreWeave to acquire Core Scientific in $9 billion all-stock deal
If the acquisition is completed, CoreWeave will gain control of multiple data center locations previously leased from Core Scientific, potentially reducing operational expenses rel...
Read Full Article →Trump announces 25% tariffs on imports from Japan and South Korea, starting Aug. 1
The introduction of a 25% duty on goods imported from Japan and South Korea beginning August 1 is expected to impact trade balances and potentially alter market dynamics between th...
Read Full Article →Trump says Musk has gone 'off the rails' after Tesla CEO announces new political party
Elon Musk’s creation of a new political party could influence market perceptions and investor confidence, potentially impacting Tesla’s financial performance and broader economic d...
Read Full Article →Robinhood stock tokens face scrutiny in the European Union after OpenAI warning
Regulatory attention in the European Union on Robinhood's stock tokens could impact investor confidence and trading activities, potentially influencing the platform's market valuat...
Read Full Article →CoreWeave to acquire Core Scientific in $9 billion all-stock deal
The $9 billion stock transaction will expand CoreWeave's asset base and resources, potentially enhancing its capabilities and competitiveness within the rapidly evolving artificial...
Read Full Article →Apple appeals 500 million euro EU fine over App Store policies
Apple faces a substantial monetary penalty from the European Union due to regulatory concerns regarding its App Store practices, leading the company to challenge the imposed 500 mi...
Read Full Article →Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party
Tesla’s stock experienced a notable decline before the market opened following Elon Musk’s announcement of his intention to create a new political organization named the America Pa...
Read Full Article →Trump threatens extra 10% tariff on countries that align with 'Anti-American' BRICS policies
The announcement of potential additional tariffs could impact international trade relations and economic agreements, influencing import costs and market dynamics among countries in...
Read Full Article →Bessent: Tariffs will 'boomerang' back to April levels by Aug. 1 for countries without deals
The suspension of tariffs temporarily eased trade tensions, but the potential reinstatement could increase costs for importers and exporters, impacting international commerce and f...
Read Full Article →Here are the 2 big things we're watching in the stock market in the week ahead
Investors are closely monitoring upcoming trade policy updates and earnings reports from several consumer-focused companies, as both factors could significantly impact market perfo...
Read Full Article →Trade deadlines and oil drama set the stage for a crunch week in global markets
Upcoming deadlines for trade agreements combined with volatility in the energy sector are expected to influence investor decisions and impact economic policies across international...
Read Full Article →Fast-casual restaurants lean on loyalty programs to offset consumer pullback
Many fast-casual dining chains use reward systems to maintain customer engagement and encourage frequent visits, aiming to stabilize revenue despite reductions in overall consumer...
Read Full Article →OPEC+ members agree to larger-than-expected oil production hike in August
The unexpected increase in crude output by several OPEC+ members could influence global oil prices and impact energy markets, affecting revenue streams for both producers and consu...
Read Full Article →78% say Trump's tariffs will make it harder to deal with debt, survey finds. Here are 3 ways to cope
A recent survey indicates that a majority of Americans believe recent trade restrictions will complicate their ability to handle financial obligations, prompting experts to suggest...
Read Full Article →Ethereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come
Major financial institutions such as BlackRock, Deutsche Bank, Coinbase, and Kraken are increasingly integrating Ethereum technology, highlighting its growing impact and potential...
Read Full Article →Trump inaugural impersonators scammed donors out of crypto, feds say
Authorities report that fraudsters posing as a prominent inaugural committee figure deceived contributors, resulting in the loss of cryptocurrency funds connected to an email accou...
Read Full Article →OpenAI CEO Sam Altman says he's 'politically homeless' in July 4 post bashing Democrats
Sam Altman emphasized the importance of both generating significant wealth and creating systems to equitably distribute financial gains, highlighting a balanced approach to economi...
Read Full Article →Trump's tariffs deadline is looming for Europe. Here's where things stand
The impending expiration of the tariff relief deadline may significantly impact transatlantic trade, as negotiations between the U.S. and the EU have not reached a final agreement.
Read Full Article →London IPO fundraising hits a three-decade low in another blow to the UK capital
The recent decline in initial public offerings in London highlights challenges for the city’s capital markets, potentially impacting its role as a leading destination for internati...
Read Full Article →Trump's Vietnam pact takes aim at China — but it raises more questions than answers
The agreement's limited information has caused uncertainty among financial experts regarding its potential impact on the movement and cost of Chinese merchandise redirected via Vie...
Read Full Article →Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation...
The regulatory action restricting Jane Street's trading activities in India and freezing substantial assets highlights significant enforcement measures aimed at addressing alleged...
Read Full Article →Recruiter: I've placed over 1,000 people into jobs–here's the no. 1 'closing technique' to nail your...
The rising unemployment rate for recent graduates highlights the increasing competition in the job market, emphasizing the importance of effective strategies to successfully secure...
Read Full Article →CNBC Daily Open: Divergence between official and ADP jobs reports reveals two labor markets
The contrasting employment data from private and government sources may indicate differing trends within the U.S. labor market, potentially influencing economic policy and investor...
Read Full Article →Musk's xAI scores permit for gas-burning turbines to power Grok supercomputer in Memphis
The recent approval allows Musk's AI company to utilize natural gas turbines for energy, potentially impacting operational costs and efficiency at its Memphis-based supercomputing...
Read Full Article →Tripadvisor stock surges 17% as Starboard Value builds sizable stake in online travel company
The substantial investment by Starboard Value in the online travel firm has led to a notable increase in the company’s market valuation, reflecting heightened investor interest and...
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