Inflation crept higher in July, showing fresh signs that President Donald Trump’s tariffs are feeding into the U.S. economy. The Commerce Department reported on Friday that the personal consumption expenditures (PCE) price
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The U.S. dollar traded little changed on Thursday as investors increased their bets that the Federal Reserve could reduce interest rates as soon as next month. The speculation followed comments from New
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Tesla rejected a $60 million settlement proposal in a wrongful death lawsuit stemming from a 2019 fatal crash involving its Autopilot system. The disclosure came in a Monday court filing in Miami,
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Tesla has raised the price of its most expensive Cybertruck model by $15,000 in the United States, even as sales figures fall short of expectations and quality issues continue to plague the
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China is expected to leave its benchmark lending rates unchanged for a third consecutive month, even as fresh data points to economic headwinds. A Reuters survey of 23 market watchers found unanimous
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Intel shares climbed nearly 4% on Friday amid speculation that the U.S. government could step in with further financial backing for the struggling chipmaker. Reports suggested that the administration is weighing a
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U.S. President Donald Trump has ignited controversy by striking a deal with Nvidia to allow sales of certain AI chips to China in exchange for a 15% cut of the company’s revenue
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Oil prices rose on Tuesday after the United States and China extended a pause on higher tariffs, reducing fears that an intensifying trade war could weigh on global fuel demand. Brent crude
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J.P. Morgan now expects the U.S. Federal Reserve to reduce interest rates by 25 basis points at its September meeting, citing signs of labor market weakness and political developments in Washington. The
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The United Kingdom’s Competition and Markets Authority (CMA) announced on Friday that it has cleared Boeing’s planned acquisition of Spirit AeroSystems. The decision comes after the regulator opted against launching an in-depth
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