Economy
Amazon is restructuring parts of its artificial intelligence operations, reducing staff within its artificial general intelligence division as the technology sector becomes increasingly competitive and companies reassess how they allocate resources. The company said the workforce changes are part of......
The United States is preparing to expand its tariff strategy by introducing new import duties targeting several of its major trading partners, signaling that higher tariffs are set to remain a central feature of the country's trade policy. The expected announcement follows the implementation of......
JPMorgan Chase CEO Jamie Dimon has warned that investors may be overlooking a number of risks that could threaten financial market stability, arguing that current asset valuations do not fully reflect growing geopolitical and economic uncertainty. Dimon said he does not currently see U.S. stocks or......
The United States is preparing for the possibility of a new round of tariffs targeting several trading partners, raising concerns that global trade tensions could intensify under President Donald Trump’s administration. U.S. Trade Representative Jamieson Greer indicated that new trade measures......
Canadian Prime Minister Mark Carney said he and US President Donald Trump have agreed to accelerate trade negotiations following renewed tariff tensions between the two countries. The discussions come as Ottawa seeks to prevent further trade disruptions while keeping diplomatic channels open with its......
Elon Musk’s personal fortune has fallen below the $800 billion mark following another setback involving Starship, the next-generation spacecraft developed by his aerospace company SpaceX. According to the Bloomberg Billionaires Index, Musk’s wealth dropped by approximately $40.7 billion......
The United States is preparing a new round of tariff measures that could affect approximately 60 economies, according to a senior White House trade official, signaling another potential escalation in Washington's evolving trade strategy. The announcement suggests the administration is moving closer......
Intel is preparing another round of workforce reductions as the US semiconductor giant moves forward with a broad restructuring aimed at improving efficiency and strengthening its competitive position in the technology sector. The latest cuts are expected to affect the company’s data center division,......
US industrial conglomerate 3M has raised its full-year profit forecast, citing stronger-than-expected performance in its core industrial activities, ongoing cost-control efforts and pricing strategies that have helped protect margins in a challenging economic environment. The company announced Tuesday......
BlackRock, the world's largest asset manager, is preparing to raise more than $12 billion through a major bond offering to help finance the development of a large data center campus in Texas, highlighting the growing flow of investment into infrastructure supporting artificial intelligence and advanced......
A proposed $81 billion merger between Paramount and Warner Bros. Discovery has encountered a major legal obstacle after a US federal court temporarily blocked the companies from moving forward with the deal. The ruling marks a significant challenge for the two major entertainment groups as they seek......
Brazil is adopting a cautious approach in response to new US tariffs, seeking to defend its economic interests while avoiding a broader trade confrontation that could put additional pressure on businesses and consumers. The United States is expected to introduce an additional 25% tariff on certain Brazilian......
Morgan Stanley has taken another step into the digital asset market by introducing direct cryptocurrency trading through its E*TRADE investment platform, reflecting the growing integration of digital assets into traditional financial services. The new offering allows eligible E*TRADE clients to buy,......
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