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Browsing: Business
Global auction sales fell 6% in early 2025, sparking concerns that the art market may be entering a deeper structural shift amid rising wealth and digital disruption.
Tesla reported an 11.8% drop in revenue and warned of further volatility ahead as it pivots toward robotaxis and a more affordable EV model.
U.S. Treasury yields rose after jobless claims fell below estimates, highlighting labor market strength while mixed PMI and housing data tempered gains.
Alphabet beats Q2 earnings forecasts with strong cloud and ad growth, lifting capital spending to $85B as AI continues to power enterprise momentum.
In-N-Out’s Lynsi Snyder is moving to Tennessee, citing safety and regulation issues in California as the burger chain opens new offices in Franklin.
Trump’s first visit to the Fed in nearly 20 years signals heightened pressure on Powell, with criticism targeting the central bank’s costly renovations.
Bitcoin slipped to 117900 amid cautious sentiment and profit taking, despite a U.S.-Japan trade deal and new crypto regulations signed into law.
US President Trump announced a new trade deal with Japan, introducing a 15 percent tariff and a claimed US$550 billion Japanese investment.
AstraZeneca’s $50 billion investment will expand US drug manufacturing and R&D, boosting innovation and creating new job opportunities in key locations.
US tariffs on EU goods will rise to 30% on August 1, with Europe preparing countermeasures as trade talks falter between Brussels and Washington.
