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Trump tariffs face major legal hurdle as federal trade court hears challenge
The outcome of the legal challenge to these import taxes could affect government income and influence future trade policy decisions between the United States and its international...
Read Full Article →Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
The lower-than-anticipated rise in consumer prices during April suggests a potential easing of inflationary pressures, which may influence monetary policy decisions and affect over...
Read Full Article →GM unveils new 'groundbreaking' EV battery tech, aims to be first to market
GM's introduction of advanced electric vehicle battery technology could potentially reduce production expenses by using more common materials, resulting in lighter, more affordable...
Read Full Article →UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast
The unexpected leadership change at UnitedHealth Group and the halt of its yearly financial outlook may introduce uncertainty for investors assessing the company’s future market pe...
Read Full Article →U.S.-China trade war pushed global supply chain near breaking point, new data shows
Recent analysis reveals that escalating tensions between the U.S. and China severely disrupted international manufacturing and distribution networks, causing widespread economic st...
Read Full Article →The FTC’s new rule on ticket prices is a win for consumers, experts say — but don't expect it to bri...
The recently introduced FTC regulation aimed at enhancing fee disclosure may increase market clarity for buyers, yet experts suggest it is unlikely to significantly reduce overall...
Read Full Article →Hinge Health aims to raise up to $437 million in IPO, pricing at $28 to $32 per share
Hinge Health is preparing for an initial public offering that could generate over $437 million by setting its share price between $28 and $32, according to a recent filing.
Read Full Article →Shein and Temu find temporary reprieve as U.S. relaxes tariffs
The reduction in U.S. tariffs has allowed Shein and Temu to increase imports from China, helping them replenish inventory and meet current customer demand more efficiently for the...
Read Full Article →Dubai government to accept crypto payments through Crypto.com partnership
The collaboration with Crypto.com aims to enhance Dubai’s digital economy by enabling cryptocurrency transactions, potentially attracting more investors and increasing the adoption...
Read Full Article →Op-ed: What comes next in U.S.-China trade talks should give us all pause
The ongoing negotiations between the U.S. and China hold considerable economic importance, as potential disagreements could impact global markets, supply chains, and investment str...
Read Full Article →OpenAI's shakeup plan gets SoftBank's nod — all eyes now on Microsoft
SoftBank's approval of OpenAI's restructuring highlights the potential impact on future investments and partnerships, particularly emphasizing Microsoft's role in the evolving fina...
Read Full Article →I lost $500 getting scammed on Facebook Marketplace: 4 red flags I shouldn't have ignored
Losing $500 through an online transaction highlights the importance of recognizing warning signs to protect your finances from potential scams on popular digital platforms and paym...
Read Full Article →Many Americans are struggling with food price inflation. Here's how to save on groceries
Rising grocery expenses are affecting household budgets across the country, prompting individuals to seek effective strategies to manage their spending and maintain financial stabi...
Read Full Article →India's inflation rate slows to 3.16% in April, marking six straight months of decline
The consecutive reduction in India's inflation rate to 3.16% in April may influence monetary policy decisions and impact consumer spending and investment confidence in the economy.
Read Full Article →Stagflation is a looming economic risk—here's what it may mean for your money
The Federal Reserve warns that increasing inflation combined with rising unemployment could lead to a challenging economic environment, potentially affecting investment returns and...
Read Full Article →SoftBank Vision Funds swing to annual loss as investment gains slow by 40%
SoftBank's Vision Fund experienced a decline in annual performance due to reduced returns from its technology investments, resulting in a financial loss for the fiscal year ending...
Read Full Article →Investment banks lift China growth outlook after surprise trade deal with U.S.
Several major financial institutions are reassessing their forecasts for China’s economic expansion following unexpected progress in trade negotiations between the United States an...
Read Full Article →Fintechs that raked in profits from high interest rates now face a key test
Financial technology companies that previously benefited from increased income due to rising interest rates must now navigate challenges as those rates begin to drop significantly.
Read Full Article →U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas
The temporary reduction in trade barriers between the U.S. and China helps ensure timely product availability during the holiday season, which is crucial given that a significant p...
Read Full Article →Kimco Realty CEO details how shopping centers are changing: 'It's all about services'
Kimco Realty's CEO Conor Flynn emphasizes that evolving shopping centers are increasingly focusing on incorporating service-oriented offerings alongside conventional retail to enha...
Read Full Article →China sees the U.S. trade deal as a huge win for Beijing
The recent agreement between the United States and China temporarily reduces previously elevated tariffs, potentially improving trade conditions and affecting economic relations be...
Read Full Article →Coinbase joining S&P 500 days after bitcoin soared past $100,000
Coinbase's inclusion in the S&P 500 reflects its growing market influence shortly after a significant surge in bitcoin's value, highlighting shifts in the financial and cryptocurre...
Read Full Article →Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Customs duties collected in April reached $16.3 billion, significantly higher than the previous month, contributing to a reduction in the overall budget shortfall for the period.
Read Full Article →After UK and China trade deals, tariff rate still highest since 1934, Yale report says
Despite new agreements with China and the U.K., import taxes remain at their highest levels in decades, significantly impacting international trade costs and economic relations, ac...
Read Full Article →Toy stocks rally after Chinese tariffs slashed to 30%
Several major toy manufacturers experienced a significant increase in their market value following the U.S. decision to lower import duties on goods from China, improving their com...
Read Full Article →FAA launches Newark airport task force with Verizon, L3Harris executives
The collaboration between government agencies and major corporations aims to address communication problems at Newark airport, potentially improving operational efficiency and redu...
Read Full Article →Fidelity login glitch kept some investors out of their accounts as market rallied
The temporary access issues experienced by numerous users during a market upswing highlight potential risks for investors seeking timely portfolio management and emphasize the impo...
Read Full Article →Jim Cramer sees 4 stocks as our biggest winners of easing U.S.-China trade tensions
The recent announcement regarding U.S.-China relations may positively impact market performance by potentially boosting investor confidence and creating opportunities for select co...
Read Full Article →House GOP tax bill calls for ‘SALT’ deduction cap of $30,000 for most taxpayers. Here's who could be...
The revised tax legislation introduced by House Republicans increases the limit on state and local tax deductions to $30,000, potentially impacting the financial situations of nume...
Read Full Article →Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
The temporary halt on major tariffs under the trade agreement is expected to increase shipping volumes worldwide, potentially driving up costs while leaving overall market unpredic...
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