Waymo and Uber have launched their autonomous vehicle partnership in Austin, Texas, marking a significant step in the transition to driverless transportation. Starting today, Austin residents can hail […]
Election Rally as Trump Tariffs Take Effect
Following Donald Trump’s return to the White House, Wall Street celebrated with the S&P 500 Index surging over 5% in the month after Election Day, adding approximately $2.8 […]
Here’s how tariffs will hit the U.S. housing market
A significant portion of materials used in U.S. home construction, including lumber, drywall, appliances, and finishings, are sourced from outside the United States. The cost of these products […]
US CFPB drops Zelle case against JPMorgan, BofA, Wells Fargo
March 4 (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) informed a federal court on Tuesday that it was dropping a lawsuit filed in December against JPMorgan […]
Trump’s tariffs could quickly cut North American auto production by a third
DETROIT — President Donald Trump’s 25% tariffs on Mexico and Canada could reduce vehicle production in North America by roughly a third as soon as next week, according […]
Oil down on OPEC+ output increase, tariffs start and US pause in Ukraine aid
LONDON, March 4 (Reuters) – Oil prices continued to decline on Tuesday following reports that OPEC+ plans to move forward with an output increase in April. Additional pressure […]
Stocks tumble as Trump tariffs create ‘uncertainty’ in markets
U.S. stocks experienced a significant decline on Tuesday following the implementation of the Trump administration’s anticipated tariffs. The Dow Jones Industrial Average fell by nearly 800 points, or […]
‘Music to our ears’: Qualcomm CEO welcomes TSMC’s $100 billion investment to boost U.S. chipmaking
Taiwan Semiconductor Manufacturing Co.’s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, highlighting the importance of […]
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target plans to intensify its focus on its third-party marketplace, media network, and same-day delivery services to drive over $15 billion in revenue growth over the next five […]
US autos, homebuilders, materials take hits as Trump trade war kicks off
Shares of U.S. companies have faced pressure due to the latest escalation in Washington’s trade war. Newly imposed tariffs on Canada and Mexico are expected to impact earnings […]