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Business
SPY Drops to $620 as Tariff Jitters Hit Wall Street
The SPDR S&P 500 ETF Trust (SPY) slid to $620 as U.S. markets reeled from a new wave of tariffs.…
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Business
Bondholders Challenge $7.4B Citgo Bid by Gold Reserve as Court Showdown Nears
Gold Reserve’s $7.4 billion bid for Citgo’s parent may face collapse as bondholders object and competing bidders offer more comprehensive…
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Business
CoreWeave Acquires Core Scientific in $9 Billion Stock Deal to Lock Down AI Infrastructure
CoreWeave is buying Core Scientific for $9 billion in stock, bringing GPU capacity and power infrastructure under one roof. The…
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Business
TikTok’s U.S. Only App Set for September Launch Ahead of Sale Deadline
ByteDance is building a standalone U.S. version of TikTok, expected to launch September 5, just ahead of a federal deadline…
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Business
Costco Faces Expanding Recall Wave Across Multiple Product Lines
Costco is dealing with a surge of product recalls affecting air conditioners, power banks, fitness gear, tires, food, and more.…
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Business
Why Wall Street Isn’t Flinching Ahead of Trump’s Tariff Deadline
As the U.S. tariff deadline approaches, global markets remain largely unfazed. Equity traders are looking past trade risks, while bond…
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Business
U.S. Issues Trade Ultimatum as Tariff Deadline Nears
With a July 9 deadline looming, the U.S. has warned dozens of countries that tariffs paused since April are about…
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Business
Elon Musk’s New Political Party Shakes Wall Street Confidence
Elon Musk’s pivot into politics — and his clash with Trump and Treasury Secretary Scott Bessent — is already reshaping…
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Business
Canada Prepares Financial Lifeline for Aluminum Industry as U.S. Tariffs Disrupt Trade
Canada is considering financial support for aluminum producers like Rio Tinto as U.S. tariffs strain one of North America's most…
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Business
Foxconn Reports Record Q2 Revenue on AI Demand, Warns of Tariff and Currency Risks
Foxconn posted record Q2 revenue of T$1.797 trillion, led by AI server and cloud hardware demand. But rising U.S. tariff…
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