Economy is still growing only because companies are still absorbing the cost of tariffs instead of passing it on to consumers. But for how long can they continue to do so?
U.S. Economy Grew at a 3% Rate in Q2, a Better-Than-Expected Pace
US Q2 GDP Growth Rate QoQ Adv. +3.0% (Est. +2.4%, Prior -0.5%)
Unfortunately the company also heavily contributes to health problems due to its high-sugar products and funding misleading research. It is one of the largest plastic polluters, causing significant environmental damage through single-use bottles. It also faced accusations of depleting water resources in vulnerable communities and engaging in unethical business practices...
Texas Instruments, Intel Sink as China Tariffs Hit US-Made Chips
Shares of chipmakers with US manufacturing plants fell Friday after China announced new tariffs, targeting semiconductor imports.Beijing will raise tariffs on all US goods from 84% to 125%, leading th
China to Impose Tariffs of 34% on All US Goods from April 10
China to Impose 34% Tariff on All U.S. Imports Starting From April 10, 12:01 pm. US Stock Index Futures Extend Losses After China to Impose Additional 34% Tariffs of on U.S. Goods.U.S. S&P 500 E-Minis Down 1.52%, Nasdaq 100 E-Minis Down 1.56%, Dow E-Minis Down 1.66%.Big tech stocks sank in premarket trading. Tesla fell 4%; Apple fell 3%; Nvidia fell 2%.
Trump should be checked for mental fitness. He's acting like a grumpy old man who is losing the plot.
Trump Says He Will Raise Tariffs On Canada Metals To 50%
President Donald Trump said on Tuesday he has instructed his commerce secretary to add an additional 25% tariff on all steel and aluminum coming into the United States from Canada, bringing the total tariff on those products to 50%.
what a smart move from Musk to disrupt OpenAI's plans, delaying its restructuring and valuation growth, while giving his competing AI venture, xAI, more time to catch up.
OpenAI Board Rejects Musk's $97.4 Billion Offer
Feb 14 (Reuters) - OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale.The unsolicited approach is Mu