Economy



Washington signals possible new tariff measures against dozens of countries

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......

Canada and US agree to intensify trade talks after Trump tariff warning

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 fortune falls below $800 billion after Starship launch setback

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......

US prepares new tariff measures targeting around 60 economies

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 prepares another round of layoffs as it restructures its data center business

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,......

3M raises annual profit outlook as industrial business drives recovery

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 prepares $12 billion-plus bond sale to finance major Texas data center project

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......

US court puts $81 billion Paramount and Warner Bros. Discovery merger on hold

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 seeks to avoid trade escalation as new US tariffs raise economic concerns

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 expands digital services with direct cryptocurrency trading

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,......

Netflix expands beyond streaming as investors react to slower revenue growth

Netflix faced a sharp decline in its share price after releasing its second-quarter 2026 financial results, despite reporting higher profits and continued revenue growth. Investors responded cautiously as the company's sales expanded at a slower pace than expected, raising concerns about future growth......

Renewed US strikes deepen anxiety in Iran as citizens face economic and political uncertainty

A renewed wave of U.S. attacks on Iran has intensified uncertainty among Iranian citizens, reviving fears over security, economic stability, and the future of daily life after a brief period of relative calm under a fragile ceasefire. Residents contacted by Reuters described growing anxiety as military......

Fifth Third profit rises as higher interest income and fee growth strengthen quarterly results

Fifth Third Bancorp reported a sharp increase in second-quarter profit, supported by stronger net interest income and growing revenues from its capital markets and wealth management divisions. The performance highlights the continued resilience of regional banks in the United States as lenders adapt......

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