US Consumer Prices Climb in June as Tariffs Start to Bite
Key Points U.S. consumer prices rose by their largest amount in five months in June, driven by higher costs for goods. The increase suggests that
Key Points U.S. consumer prices rose by their largest amount in five months in June, driven by higher costs for goods. The increase suggests that
Key Points China’s exports picked up speed in June as companies raced to ship goods before a potential trade war deadline with the United States.
Key Points The Brazilian government is trying to downplay the economic damage from a massive 50% tariff threatened by U.S. President Donald Trump. While officials
Key Points The head of a major German trade group is sending a clear message to European leaders: don’t rush into a bad trade deal
Key Points Prices at China’s factory gates are falling, and the drop in June was the worst in almost two years. This is a clear
Key Points Boeing had a strong month in June, delivering 60 airplanes, a 27% increase from the same time last year. A big reason for
Key Points President Donald Trump escalated his global trade war on Monday, formally notifying key U.S. allies, such as Japan and South Korea, that they
Key Points U.S. President Donald Trump has threatened to impose an additional 10% tariff on any country that aligns with the “anti-American policies” of the
Key Points Sales of foreign phones in China, led by Apple, declined again in May, down 9.7% compared to the same period last year. According
Key Points The chief investment officer at Europe’s largest asset manager, Amundi, is sounding the alarm over a new U.S. law aimed at regulating stablecoins.
Key Points Two Chinese artificial intelligence chip startups, Moore Threads and MetaX, are planning to go public and raise a combined $1.65 billion. The companies
Key Points Elon Musk’s artificial intelligence startup, xAI, has just secured a massive $10 billion in new funding. The company completed a $5 billion debt
Key Points Canada abruptly scrapped its new digital services tax on big U.S. tech companies late on Sunday night, just hours before it was set
Key Points PayPal is making a significant entry into the college sports market. The global payment company announced on Thursday that it has signed a
Key Points Verizon is partnering with Nokia to develop a robust private 5G network for Thames Freeport, one of the UK’s busiest shipping and logistics
Key Points Top trade officials from the United States and South Korea met on Monday and agreed to push for a new deal on tariffs
Key Points Oil prices shot up on Monday, hitting their highest level since January, after the United States joined Israel in attacking Iran’s nuclear facilities
Key Points European officials are growing increasingly resigned to a tough reality: any new trade deal with the United States will likely include a 10%
Key Points Japan’s Nippon Steel is defending its massive $14.1 billion buyout of the iconic U.S. Steel, saying it’s satisfied with the deal even though
Key Points Elon Musk’s artificial intelligence company, xAI, is on track to secure a $5 billion debt package led by Morgan Stanley. But according to
Key Points The British government is investing a hefty £250 million ($340 million) into making air travel greener. The money will fund advanced research into
Key Points U.S. regional bank Commerce Bancshares announced on Monday that it has agreed to acquire its rival, FineMark Holdings, in an all-stock deal valued
Key Points The U.S. Justice Department is scrutinizing Google’s planned $32 billion acquisition of cybersecurity company Wiz. According to a Bloomberg report, federal regulators are
Key Points The eurozone’s industrial and trade sectors suffered a significant setback in April, signaling deeper economic challenges than previously anticipated. According to data released
Key Points China on Thursday confirmed the existence of a new trade deal with the United States, following an announcement by former U.S. President Donald
Key Points U.S. and Chinese officials have agreed on a new trade framework aimed at reviving the truce established last month in Geneva and easing
Key Points Disney has officially concluded its long-running acquisition of Hulu by agreeing to pay Comcast $438.7 million for its remaining 33% stake in the
Key Points Elon Musk’s brain-computer interface company Neuralink has raised $650 million in its latest funding round, the company announced on Monday. The new funds
Key Points Chime Financial, the San Francisco-based digital banking startup, announced plans on Monday to go public on the Nasdaq in a high-profile initial public
Key Points: The French government has made a confirmatory offer of €410 million ($466 million) to acquire a portion of Atos’ former Advanced Computing business,
Key Points Artificial intelligence startup Anthropic has reached an estimated $3 billion in annualized revenue, according to two sources familiar with the company’s performance. This
Key Points President Donald Trump’s trade war has already cost companies over $34 billion in lost sales and higher expenses, according to a detailed Reuters
Key Points In a significant legal setback for former President Donald Trump’s trade policies, the U.S. Court of International Trade issued a sweeping ruling on
Key Points Salesforce announced on Tuesday that it will acquire data management company Informatica for approximately $8 billion, marking its largest deal since acquiring Slack
Key Points Australian logistics software giant WiseTech Global has announced its largest acquisition, acquiring U.S.-based cloud computing firm E2open for $2.1 billion. The move aims
Key Points Apple Inc. is facing renewed pressure from former President Donald Trump, who threatened to impose a 25% tariff on iPhones not made in