Market Reactions to Trump's Tariffs Raise Concerns over Stagflation
As President Donald Trump embarks on his second presidential term, many investors initially believed that his approach to trade and economic policy wo...
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Business
Global economy, companies, markets, and financial trends.
Google Announces $32 Billion Acquisition of Cloud Security Firm Wiz
In a significant move marking its largest acquisition to date, Google LLC has entered into a definitive agreement to acquire Wiz, Inc., a prominent cl...
Average Gasoline Prices in Eugene Drop 2 Cents, Raising Economic Concerns
EUGENE, Ore. — According to a recent GasBuddy survey, average gasoline prices in Eugene have fallen by 2.0 cents per gallon over the past week, now av...
BYD reveals new platform with charging speeds of 1,000 kW, which would be twice as fast as Tesla’s superchargers
In a groundbreaking announcement, BYD, the Chinese electric vehicle (EV) giant, launched its innovative 'Super E-Platform', boasting an unprecedented ...
As Trump orders the military to look at 'reclaiming' the Panama Canal, companies like BlackRock stand to profit.
In a startling turn of events, former President Donald Trump has revived a controversial assertion of U.S. power by ordering the military to investiga...
Rippling Accuses Deel of Corporate Espionage in Legal Battle Over Trade Secrets
In a dramatic turn of events within the competitive workforce management software industry, Rippling has filed a lawsuit against its rival Deel, alleg...
The Trump Administration Appoints Michelle Bowman as Fed's Vice Chair for Supervision
In a strategic move that signals a shift towards a more favorable regulatory environment for the banking sector, President Donald Trump has nominated ...
A National Shortage of Eggs in the US: Prices Soar Amid Avian Flu Outbreaks
The United States is grappling with a significant shortage of eggs, as the ongoing avian flu outbreaks compound the effects of inflation, leaving both...
Trump's Mixed Bag of Tariff Policies: A Rollercoaster Start to His New Term
On November 25, 2024, former President Donald Trump made waves on Truth Social, promising robust measures against Mexico and Canada by announcing a bl...
Nvidia Faces Stock Decline Despite Strong Earnings and Future Growth Potential
Nvidia Corporation (NVDA) has had a tumultuous start to the year, with its shares plummeting nearly 12% year-to-date and down approximately 20% from J...
Rheinmetall's Market Capitalization Surpasses Volkswagen: A Shift from Automotive to Defense in Germany
In a significant turn of events reflecting Germany's evolving economic landscape, Rheinmetall, the defense industry powerhouse, has seen its market ca...
Treasury Secretary Bessent Assures Public: U.S. Markets Will Transition, Not Crisis
In a recent appearance on NBC’s 'Meet the Press', Treasury Secretary Scott Bessent expressed confidence in the long-term resilience of U.S. financial ...
Southwest Airlines Ends Free Checked Bag Policy, Customers React
In a shocking announcement, Southwest Airlines revealed it will discontinue its long-standing policy of allowing two free checked bags for passengers,...
Delaware's Business Reputation on the Line as Elon Musk Leaves for Texas
For generations, Delaware has enjoyed a robust reputation as a premier destination for business incorporation, a status fueled by its unique corporate...
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?
The ongoing trade tensions, particularly stemming from US tariffs introduced by President Donald Trump, have put investors on edge as they navigate a ...
Could Wall Streets recent struggles open up a buying opportunity for investors?
In the wake of Donald Trump's decisive election victory, Wall Street initially responded with optimism, heralding the arrival of a pro-growth administ...
The Medusa Ransomware Gang Targets Over 300 Organizations in Critical Sectors
The Medusa ransomware gang has successfully infected more than 300 organizations, particularly within critical infrastructure sectors such as healthca...
What a difference a year makes for Nvidia at GTC 2025
As the world of technology continues to evolve at an electrifying pace, Nvidia’s upcoming GPU Technology Conference (GTC) is setting the stage for wha...
Starbucks Ordered to Pay 50 Million Dollars After Customer Suffers Burns from Unsecured Hot Drink
In a landmark decision, a Los Angeles County jury awarded $50 million to Michael Garcia, a Postmates driver, who sustained severe burns when a cup of ...
U.S. Consumer Sentiment Plummets Amid Economic Turmoil
In early March, U.S. consumer sentiment fell to its lowest point since late 2022, dropping 11% according to the University of Michigan's consumer conf...