Economy
Shares of SpaceX remained under pressure on Monday as investors continued to sell the stock ahead of the company's upcoming quarterly earnings report. The decline reflects growing uncertainty over the company's future strategy and its ability to maintain investor confidence following a sharp......
Brazilian President Luiz Inácio Lula da Silva has criticized new US tariffs imposed on Brazilian goods, describing the measures as unfair and warning that they could damage bilateral relations between the two countries. In an opinion article published by The Washington Post on Sunday, Lula argued......
India has reaffirmed its commitment to negotiating a bilateral trade agreement with the United States, despite the Trump administration's decision to impose new tariffs on imports from the South Asian country. The announcement came after Washington introduced a 10% tariff on Indian goods as part......
The United States labor market has once again demonstrated remarkable resilience against ongoing macroeconomic pressures. Weekly initial jobless claims experienced a sharp decline during the week ending July 18, reaching their lowest levels in decades. This unexpected performance highlights the sustained......
Electric vehicle manufacturer Tesla has successfully mitigated severe production constraints thanks to a key supply partnership with memory chipmaker Micron Technology, Chief Executive Officer Elon Musk revealed during the company’s quarterly earnings call. Addressing investors, Musk highlighted......
Shares of American Airlines Group Inc. took a severe beating on Wall Street on Thursday, falling nearly eight percent to close at $13.62 after the carrier cut its full-year profit outlook for the second time this year. The sharp market reaction underscores the growing strain that elevated jet fuel prices......
Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading,......
The US Senate is preparing for a potentially decisive vote on the CLARITY Act, a major legislative proposal aimed at establishing clearer rules for the cryptocurrency and digital asset industry. The legislation is expected to face a vote next week, placing the future of US crypto regulation at the center......
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......
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