News
Unemployment sits at 4.2% as US job growth slows in June
U.S. employers reduced their hiring pace last month, and the unemployment rate declined slightly to 4.2%, while labor force participation...
EU trade with the US reaches record high
According to the latest report released by the German Economic Institute (IW) on Friday, trade in goods between the European...
Automakers concerned as US withdraws from USMCA trade agreement
The U.S. announced yesterday that it will not extend its USMCA trade agreement with Canada and Mexico. US automakers have...
Google loses battle against €4.1 billion EU antitrust penalty
Google has lost its legal battle against a record fine imposed by EU antitrust regulators eight years ago for using...
OpenAI CEO offers a 5% stake to the Trump administration
OpenAI CEO Sam Altman has reportedly offered the U.S. government a 5% ownership stake as the AI giant seeks to...
Citigroup cuts bitcoin and ether forecasts as ETF flows turn negative
Citigroup cut its 12-month forecasts for bitcoin and ether, citing weakening investor interest, negative ETF flows, and a lack of...
Private payrolls increased by 98,000 in June, below expectations
According to ADP's latest report released Wednesday, private sector employment increased by a seasonally adjusted 98,000 for the month, down...
Kroger to buy Giant Eagle in $1.65 billion deal
Kroger announced on Wednesday that it will acquire food and pharmacy retailer Giant Eagle in a $1.65 billion deal as...
US expected to exit USMCA as review looms
The Trump administration is expected to officially announce on Wednesday that it will not renew the U.S.-Mexico-Canada Agreement on trade,...
AeroVironment rises 21% on earnings beat, backlog increases to $1.2 billion
AeroVironment stock has surged 21% following the company's fourth-quarter earnings report, which exceeded expectations on both revenue and profit. The company...
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