Sign In
Free Newsletter
Elon Musk sues Apple, OpenAI in antitrust AI lawsuit
Elon Musk filed a federal antitrust lawsuit against Apple and OpenAI, alleging they conspired to block AI competition in the App Store.
Powell signals possible Fed rate cut, faces Trump pressure
Powell signals Fed could cut rates by September, balancing inflation and growth risks amid Trump pressure.
European postal services halt U.S. package shipments
Postal services in Germany, Italy, Sweden and more are suspending shipments to the U.S. as new import duties take effect Aug. 29.
Keurig Dr Pepper buys Peet’s for $18 billion and plans split into coffee and beverage companies
Keurig Dr Pepper to buy Peet’s Coffee owner JDE Peet’s for $18B, then split into separate coffee and beverage companies.
Trump says Intel agreed to give US a stake in its company
Trump says Intel agreed to give the U.S. a 10% stake after meeting with CEO Lip Bu Tan, days after he urged Tan to resign over China ties.
Consumer watchdog ends investigation into buy now, pay later company linked to Donald Trump Jr.
The CFPB ended its probe into Credova, a buy now, pay later firm tied to Donald Trump Jr., calling the investigation politically motivated.
Canada will match US tariff exemptions under USMCA trade pact, Prime Minister Carney says
Canada will drop retaliatory tariffs to match U.S. USMCA exemptions, a move Prime Minister Mark Carney says aims to reset trade talks.
Powell signals Fed may cut rates soon even as inflation risks remain
Fed Chair Jerome Powell said a rate cut may come in the months ahead but gave no timing, citing risks from both inflation and unemployment.
Walmart helps pull Wall Street to its 5th straight loss
Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to interest rates. The S&P 500 slipped 0.4%. All its losses have been relatively modest, but it has not risen since setting an all-time high last Thursday. The Dow Jones Industrial Average dropped 152 poin[...]
Trump administration is reviewing all 55 million foreigners with US visas in growing crackdown
WASHINGTON (AP) — The Trump administration said Thursday that it is reviewing more than 55 million people who have valid U.S. visas for any violations that could lead to deportation, marking a growing crackdown on foreigners who are even permitted to be in the United States. In a written answer to a question from The Associa[...]
Tariffs aren’t keeping Walmart from attracting shoppers and outpacing Target
NEW YORK (AP) — Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target. The nation’s largest retailer reported a 4.6% quarterly increase in comparable sales �[...]
US home sales rose in July as mortgage rates eased a bit and home prices grew more slowly
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the […]
