Intel (INTC) shares dropped in after-hours trading following a quarterly outlook that missed Wall Street expectations. The company cited uncertainty over tariff policies as a reason for customers […]
Economy
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Global Finance Chiefs Witness Trump’s Impact on Economic Order in Washington
Supply Lines is a daily newsletter that tracks global trade. This week, the world’s finance leaders gathered in Washington to observe firsthand the effects of President Donald Trump’s […]
Technology
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Slate Auto Unveils Simple EV Pickup Truck Backed by Bezos
Slate Auto, a company backed by Jeff Bezos, has introduced an electric vehicle (EV) pickup truck that contrasts sharply with high-tech offerings like those from Tesla. This new […]
Uncategorized
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Jack in the Box to Close Over 150 Locations as Part of Financial Restructuring
The San Diego-based fast food chain Jack in the Box has announced plans to close between 150 and 200 locations as part of its broader strategy to improve […]
Technology
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Comcast President Admits Broadband Customer Losses: ‘We Are Not Winning’
Comcast executives have acknowledged an issue that customers have long complained about: the lack of price transparency and frequent price increases. This concern became more pressing after Comcast […]
Banks
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Federal Reserve Withdraws Guidance on Banks’ Crypto-Asset and Dollar Token Activities
The Federal Reserve Board has announced the withdrawal of guidance for banks concerning their crypto-asset and dollar token activities, along with related changes to its expectations for these […]
Technology
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Intel CEO Announces Job Cuts and Reduced Hybrid Work Policy
Intel’s new CEO, Lip-Bu Tan, announced changes to the company’s work policies and workforce size in a letter to employees. Starting September 1, hybrid employees will be required […]
Markets
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S&P 500 Futures Rise Amid Positive Market Sentiment and Earnings Reports
S&P 500 futures experienced an increase on Thursday evening, following Wall Street’s third consecutive day of gains and strong quarterly results from Alphabet. Futures linked to the S&P […]
Technology
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Intel Provides Cautionary Forecast Amid Trade Tensions
Intel’s CEO, Pat Gelsinger, discussed trade tensions and restructuring plans during a recent investor call. The company provided a cautious forecast due to uncertainties in global trade policies, […]
Technology
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The Real Winners of the Trump Memecoin Feeding Frenzy
The team behind the Donald Trump memecoin created a trading frenzy by announcing that top holders would be invited to a gala dinner with the US president. The […]