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Berkshire Profit Slips 4% as $3.8 Billion Kraft Heinz Write-Down Bites
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Berkshire Profit Slips 4% as $3.8 Billion Kraft Heinz Write-Down Bites
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Commerce Turmoil Freezes Thousands of US Export Licenses, Nvidia Shipments Stalled
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EBA Test Shows EU Banks Lose Less Capital, Keep 12.1% CET1 Buffer
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US Payrolls Rise 73,000 as BLS Wipes 258,000 Jobs From Spring
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OpenAI Raises $8.3 Billion at $300 Billion Valuation Amid Revenue Surge
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Tesla Registrations Plunge 86% in Sweden, Slide in Italy on July Data
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Tesla Sales Jump 27% in Spain amid 155% EV Market Surge
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Atlanta Fed GDPNow Sees Q2 Growth at 2.9%, Trims Early Q3 Outlook
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Advent Wins Spectris With £4.8 Billion Offer, Beating KKR
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Fed’s Bostic Sticks to Forecast for Single 2025 Rate Cut, Data Dependent
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Record Output Helps Exxon, Chevron Top Estimates Despite Four-Year Profit Slump
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Amazon Lifts 2025 Capex Outlook to $118 Billion Amid AI Arms Race
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Fed’s Bostic Warns Tariff Pass-Through Could Take a Year
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ISM 48.0 Reading Signals Deeper U.S. Factory Slump, Jobs Hit Five-Year Low
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Trump Administration Weighs Pilot Allowing Medicare, Medicaid to Cover Weight-Loss Drugs
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Fed’s Bostic Says Job-Market Slowdown Wouldn’t Alter Latest FOMC Call
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4D Molecular Therapeutics Shares Rise on 52- and 60-Week 4D-150 Data Showing 78% Injection Reduction, EMA Pathway; Genentech Susvimo Maintains Vision Over 5 Years
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Record U.S. Output and Looming OPEC+ Hike Drag Oil Below $70
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Trump Demands Lower U.S. Drug Prices, European Pharma Stocks Slide
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Enbridge CEO Highlights Strong Global Oil Demand, Plans West Coast Pipeline and Canada-US Gulf Pipeline Expansion
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CapitalG, Nvidia Pursue Vast Data Investment Valuing AI Startup at $30 Billion
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Machinify Buys Performant Healthcare for $670 Million to Boost Payments Tech
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US Dollar Falls Below 970 Pesos After Central Bank Rate Cut and Weak US Jobs Report; Wall Street Closes Lower
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US Consumer Sentiment Edges Up in July as Long-Term Inflation Views Ease
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Reddit Pushes to Become Search Engine With Unified AI Search
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Fed’s Hammack Sees Tariff-Driven Inflation Rise as Hiring Momentum Fades
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Fed Dissenters Waller and Bowman Urge Early Rate Cut to Shield Jobs
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Gold Jumps About 2% as Havens Draw Fresh Demand
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Groq Seeks $600 Million, Doubling Valuation to $6 Billion
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Apple Unveils iOS 26 Public Beta with New Battery Features, iPhone 17 Air Battery Images, and Fall Release
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Trump Criticizes Fed Chair Powell, Cites Payroll Drop and 67% September Rate Cut Odds, Praises Tariff Revenue
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OPEC+ Poised to Lift September Quota by Up to 548,000 Barrels a Day
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Macquarie Upgrades NIO to Buy with HK$44 Target as L90 SUV Launch Drives 25% Sales Growth and 8% Share Surge
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Carvana Soars 10,000% From 2022 Low, Extends Rally After Earnings Beat
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Xpeng Delivers 36,717 EVs in July, Up 229% YoY, While BYD Sales Stall and Li Auto Falls 40%
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U.S. Tariff Wall Climbs to Highest Since 1930s Ahead of Aug. 7 Levies
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Nintendo Revenue Jumps 132% on Record Switch 2 Launch
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RBA's Hauser Sees Low Unemployment and Rates Falling Toward 3.2% as Fed's Bostic, Hammack, and Williams Signal Caution on U.S. Labor Market
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Analysts Boost Amazon Targets to as High as $297 After Q2 Beat
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South Africa Treasury Rejects Central Bank’s Unilateral Inflation Target Cut
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L3Harris and Joby Join Forces on Hybrid Military VTOL Aircraft
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Rocket Companies Jumps on Earnings Beat, Sees Sales up to $1.75B
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77% of Americans Feel Financially Insecure Despite $200,000+ Income Thresholds and Baby Boomers’ $82.4 Trillion Net Worth
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U.S. Dollar Index Hits 100 as Euro Falls Below 1.1450 Before Plunging August 1; Euro Rebounds 1%, Dollar Down 8.77% YTD
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US-Switzerland Trade Talks Stall Over Surging Pharma Exports
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UK FCA Opens Retail Access to Crypto Exchange-Traded Notes
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Tether Amasses $127 Billion in U.S. Treasuries, Passing South Korea
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1 day ago
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Trump
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Business
US Gov Appointments
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Federal Reserve Governor Adriana Kugler Resigns Effective August 8, Trump May Name Next Fed Chair Earlier
Authors
8
4 hours ago
SEC Launches ‘Project Crypto’, Eases ETF Rules in Regulatory Pivot
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12 hours ago
Trump Signals Powell Likely to Remain Fed Chair
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16 hours ago
TESLA
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Business
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Florida
Tesla Found Partly Liable in Autopilot Death, Hit With $329 Million Verdict
Authors
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20 hours ago
Tesla Registrations Plunge 86% in Sweden, Slide in Italy on July Data
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1 day ago
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BLS
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Fed
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Federal Reserve Governor Adriana Kugler Resigns Effective August 8, Trump May Name Next Fed Chair Earlier
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Nintendo Lifts Switch Prices in US After Canada Hike Amid Tariff Pressures
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Berkshire Hathaway
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Berkshire Profit Slips 4% as $3.8 Billion Kraft Heinz Write-Down Bites
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4 hours ago
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Bureau of Labor Statistics
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Trump Orders Firing of Labor Statistics Chief After Weak Jobs Report
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Trump Unveils 50% Copper Tariff, Lifts Canada Duty to 35% in Global Shake-Up
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Fed’s Bostic Sticks to Forecast for Single 2025 Rate Cut, Data Dependent
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Tesla Found Partly Liable in Autopilot Death, Hit With $329 Million Verdict
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Record Output Helps Exxon, Chevron Top Estimates Despite Four-Year Profit Slump
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