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Asian shares are mostly down after South Korea makes tariff deal and US stocks fall
Asian shares were mostly lower Thursday after U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September.
Trump Unleashes a Flurry of Trade Surprises on Eve of Deadline
Donald Trump unleashed a series of tariff deals and demands on the eve of his Friday deadline, including surprises on India and copper as the US president attempts to create a new global trade order.
Microsoft climbs to $4 trillion in after-hours trading on blowout earnings
Microsoft’s shares spiked over 7% in after-hours trading, pushing the stock toward record highs and lifting Microsoft’s market capitalization past the $4 trillion mark—cementing its place as one of
Why is Meta’s stock soaring after earnings? It’s about far more than the numbers.
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.
Microsoft Stock Surges 7% After Earnings. Here Are the Numbers That Blew Investors Away.
Microsoft stock surged on better-than-expected financial results for its latest quarter and strong guidance, putting the tech giant on track to hit a $4 trillion market cap. The beat was driven in
Federal Reserve votes on interest rates
The Federal Funds Rate is the price the Fed charges U.S. banks to borrow money overnight. This sets short-term benchmark interest rat
China Summons Nvidia Over Alleged Security Risk in H20 AI Chips
Chinese authorities summoned Nvidia Corp. representatives to discuss alleged security risks related to its H20 artificial intelligence chips.
Global Trade Raised Living Standards for Millions. New Barriers Are Reversing the Trend.
In Indonesia and elsewhere, export manufacturing helped narrow the wealth gap with the West, creating a consumer class, but that transformation has stalled.
Costco has a major credit card problem
The warehouse club used to have one of the best credit cards on the market. Many believe that's not the case anymore.
GDP surged in the second quarter after sliding earlier this year
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Meta beats Q2 expectations, stock jumps on better-than-anticipated Q3 outlook
Facebook parent Meta (META) reported its second quarter earnings on Wednesday, outperforming expectations and offering a better-than-expected outlook for Q3. The company says it anticipated between
Ford said it expects Trump's tariffs to set it back $2 billion and hand Japanese automakers a 'meaningful' edge
Jim Farley, Ford's CEO, said a Toyota 4Runner made in Japan could cost $10,000 less than a Ford Bronco made in Michigan.
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