Rivian Reports Strong Q1 2025 Performance Amid Economic Challenges
American electric vehicle (EV) manufacturer Rivian has recently released its Q1 2025 financial report, revealing a gross profit of $206 million, marki...
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Global economy, companies, markets, and financial trends.
U.S. DOJ Proposes Divestiture of Google's Ad Tech Following Monopoly Ruling
In a significant legal development, the U.S. Department of Justice (DOJ) has proposed that Google be compelled to divest its AdX digital advertising m...
Consumers face potential shortages as tariffs lead to major declines in U.S. port activities
The ports of Los Angeles and Long Beach, two of the busiest ports in the United States, are experiencing significant declines in cargo traffic due to ...
United Airlines Waives Fees for Customers Amid Newark Airport Delays and Cancellations
In response to significant delays and cancellations affecting Newark Liberty International Airport, United Airlines has announced that impacted passen...
Access Denied: Automation Tools Blocking Access to Information
In a recent development, numerous users have encountered an access denial message while attempting to visit a particular webpage. The message suggests...
Shares of Palantir Technologies Inc. Fall Despite Strong Revenue Beat
Palantir Technologies Inc. (NASDAQ: PLTR) faced a significant dip in its stock price, dropping over 8% in after-hours trading despite reporting impres...
U.S. Goods and Services Deficit Rises to $140.5 Billion in March
In a recent announcement by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, it has been revealed that the goods and services deficit ...
Federal Reserve Poised to Keep Interest Rates Steady Amid Economic Uncertainty and Political Pressure
In a pivotal moment for U.S. monetary policy, the Federal Reserve is expected to maintain its key short-term interest rate at approximately 4.25% to 4...
This Barbie is about to get more expensive — and you can thank U.S. President Donald Trump.
In a significant shift, Mattel, the iconic toy manufacturer behind Barbie, announced plans to increase prices in the United States, a move attributed ...
Deliveroo Agrees to £2.9 Billion Takeover by DoorDash
In a significant shake-up within the food delivery sector, British food delivery firm Deliveroo has agreed to a £2.9 billion ($3.9 billion) takeover o...
DoorDash Acquires Deliveroo and SevenRooms, Report Misses Expectations
In a significant move within the food delivery service sector, Doordash announced on Tuesday that it will acquire the restaurant management technology...
China's domestic market adapts as exporters face challenges from U.S. tariffs
In a proactive response to U.S. tariffs decimating export orders, Chinese authorities and e-commerce giants are working together to redirect goods ori...
Banco Santander Sells 49% Stake in Santander Polska to Erste Group for €7 Billion
Banco Santander has entered into a significant agreement with Austria's Erste Group Bank, consenting to sell approximately 49% of Santander Polska's s...
Mixed Global Shares as Oil Prices Decline Post OPEC+ Output Increase
Global financial markets observed a mixture of performances on Monday amidst reduced holiday trading volume, particularly influenced by OPEC+’s recent...
Taiwan Dollar Expected to Fall Below NT$30 as U.S. Pressure Mounts
In a significant development for the Taiwan dollar, it's anticipated that the currency could soon drop below the NT$30 mark against the U.S. dollar. C...
Luxury Brands Pivot to Shanghai Amid Changing Economic Landscape in China
As China's luxury market begins to cool, an intriguing trend is emerging: global luxury brands are increasingly focusing their strategies on Shanghai ...
Trump Reaffirms Jerome Powell's Position, Advocates for Lower Interest Rates Amid Economic Turmoil
In a recent interview aired on NBC's 'Meet the Press,' former President Donald Trump confirmed that he will not remove Jerome Powell, the Chair of the...
Federal Reserve Expected to Hold Interest Rates Steady Amid Political Pressure
In a significant economic update, the Federal Reserve is poised to maintain its key short-term interest rate at approximately 4.3% during its upcoming...
Global Political Climate Shifts as Leaders Address Climate Change Issues
In recent discussions across various international platforms, leaders have increasingly focused on climate change as a pivotal issue affecting global ...
Warren Buffett Announces Plans to Step Down as Berkshire Hathaway's CEO After 55 Years
In an unprecedented moment at Berkshire Hathaway's annual shareholder meeting, Warren Buffett, the 94-year-old iconic CEO, announced his intention to ...