Apple received an estimated $2.2 billion in tariff refunds during the last quarter. Amazon received $600 million. Nike received $300 million. However, American consumers who faced increased prices due to President Donald Trump’s tariffs are receiving little to no compensation Read More …
Federal Reserve Chairman Kevin Warsh has expressed strong views regarding AI and its prospective economic advantages. His perspective on the trajectory of interest rates, however, is more elusive to ascertain. In the nine weeks since assuming leadership at the central Read More …
The US labour market, previously entrenched in a state characterised by minimal hiring and firing, appears to be exhibiting signs of potential improvement. The latest official labour turnover data indicated that employers increased their hiring efforts in June – a Read More …
The major U.S. index futures are currently indicating a higher opening on Tuesday, suggesting that stocks are poised to continue the robust upward trajectory observed in recent sessions. Technology stocks may help lead the markets higher early in the session, Read More …
Days before his inauguration in 2025, president-elect Donald Trump undertook an unconventional move: He launched a memecoin. That memecoin experienced a brief surge in value, followed by a significant decline in an extensive selloff that resulted in nearly a million Read More …
Capital One closed bank accounts held by President Donald Trump in 2021 after identifying financial activity that exhibited characteristics of money laundering, as revealed in a court filing over the weekend. The court filing is associated with a lawsuit initiated Read More …
Meta, Anthropic, OpenAI, and Google are set to convene with White House officials on Tuesday to deliberate on the implementation of voluntary government safety testing for the most advanced AI models developed in the United States, as reported by sources. Read More …
The major U.S. index futures are currently indicating a higher opening on Monday, suggesting that stocks are poised to continue the upward trajectory observed at the end of the previous week. The upward momentum on Wall Street coincides with a Read More …
Opec+ is set to endorse a production quota increase of approximately 188,000 barrels per day starting in September, after which it intends to halt any additional output increases, according to sources. This decision comes as the group finalises the unwinding Read More …
US President Donald Trump stated that negotiations with Iran, expected to take place through intermediaries, are scheduled to commence on Monday. Speaking to reporters aboard Air Force One, Trump confirmed that communication channels were operational. “We are talking to them Read More …
