News
Fed’s inflation gauge ticked higher in June
The latest report from the Commerce Department shows the Federal Reserve’s preferred inflation measure increased last month, suggesting that President...
U.S. Treasury Secretary: ‘We have the makings of a deal’ with China
Today, Treasury Secretary Scott Bessent told reporters that the U.S. and China are close to reaching a trade deal as...
Trump announces 15% South Korea tariff
President Trump has announced a trade deal with South Korea that includes a 15% tariff on imports from the country,...
U.S. to impose 25% tariff on India from Aug 1
Today, President Trump has announced that the United States will impose a 25% tariff on goods imported from India starting...
Starbucks CEO says turnaround is ahead of schedule
Starbucks has published its Q3 financial report, with its CEO affirming that the “Back to Starbucks” strategy is progressing as...
HSBC reports first-half profit slump of 26%
Today, HSBC Holdings reported a 26% decline in first-half pretax profit, significantly missing analyst estimates. According to the company, in...
Union Pacific and Norfolk merge in $85-billion transcontinental railroad deal
Today, Union Pacific Corporation and Norfolk Southern Corporation announced an $85-billion agreement to create America’s first transcontinental railroad. The company's...
Census Bureau reports narrowing U.S. trade deficit
According to the Advance Economic Indicators Report by the Commerce Department's Census Bureau, the U.S. trade deficit in goods decreased...
Boeing CEO says 2025 ‘our turnaround year’
Today, Boeing reported second quarter revenue of $22.7 billion, a 35% increase from last year. The company also posted a loss of...
Japan: Only 1%-2% of $550 billion U.S. deal is investment
Japan's chief negotiator Ryosei Akazawa announced that Japan expects only 1% to 2% of its recently agreed $550 billion U.S....
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