Tesla FSD ruins other intelligent driving systems for NIO Superfan influencer
In a recent wave of Tesla news, several developments have sparked significant conversation within the automotive and technology sectors. Firstly, this...
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Business
Global economy, companies, markets, and financial trends.
Today’s FT: Essential Digital Access to Quality Journalism
The Financial Times (FT) has recently enhanced its digital subscription offerings, emphasizing the value of quality journalism accessible on any devic...
Stocks popped Thursday thanks to strong gains in megacap tech names
On Thursday, stock markets showed a healthy uptick largely influenced by significant gains from major technology companies. The S&P 500 rose by 1.8%, ...
Companies Grapple with Uncertainties Amid Ongoing Tariff Concerns
In recent earnings reports, a wave of uncertainty stemming from ongoing tariffs and a tumultuous trade war has been apparent as several major corporat...
Home Sales Plummet as High Rates and Economic Woes Weigh on Spring Market
In March, existing home sales saw a significant decline of 5.9% compared to the previous month, marking the steepest drop since November 2022, accordi...
Hasbro CEO predicts strong year as Magic revenue increases 45 percent in Q1
In a recent earnings call, Hasbro's CEO Chris Cocks announced that revenue from Magic: The Gathering (MTG) surged by 45% year-on-year in the first qua...
Asian Markets Decline Amid Concerns Over Trump's Attacks on Federal Reserve
On Tuesday, Asian markets reflected the turbulence seen in U.S. equities, closing lower as the repercussions of President Donald Trump's criticism of ...
Eli Lilly Sues Telehealth Companies Over Compounded Zepbound Copies
Eli Lilly & Co., the pharmaceutical giant behind the popular weight-loss medication Zepbound, has initiated legal action against four telehealth compa...
President Trump Considers Tariff Exemptions for Automakers Amid Industry Pressure
In a significant development for the automotive industry, President Donald Trump is contemplating exemptions for automakers from certain tariffs his a...
Gold prices stabilize above $3,300 amid U.S.-China trade negotiations and Fed rate cut expectations
In the latest market developments, gold prices (XAU/USD) have demonstrated resilience, trading above $3,300 during Thursday's Asian session, supported...
Southwest Airlines Withdraws Financial Forecast Amid Trade War Uncertainty
Southwest Airlines has become the latest U.S. airline to withdraw its financial forecast, citing uncertainties generated by President Trump's trade wa...
Meta's Internal Rivalry Between Instagram and Facebook Emerges Amid Antitrust Trial
In a dramatic turn of events during Meta's ongoing antitrust trial, internal documents and emails have highlighted a sibling-like rivalry between Inst...
Essential Digital Access to Quality Financial Times Journalism
In today's media landscape, gaining uninterrupted access to reliable and high-quality journalism is becoming increasingly valuable. Recently, the Fina...
Credit Card Companies Prepare for Economic Downturn Amid Continued Consumer Spending
As the economy faces a precarious balance amid President Donald Trump’s controversial trade policies, including his significant 'Liberation Day' tarif...
European Union Fines Apple and Meta for Breaching Digital Competition Laws
In a significant regulatory move, the European Union has imposed hefty fines on two of the world’s largest technology companies, Apple and Meta, for v...
Ripple (XRP) price continues to recover above support at $2.00, trading at $2.23 as President Trump's comments stabilize markets.
Ripple (XRP) has regained momentum, trading at $2.23 with indications of a steady uptick as market participants exhibit a risk-on sentiment. This turn...
Buckle Up: The Markets Are Testing Your Nerves—Here’s What You Need to Know
In the current tumultuous climate of the financial markets, driven by factors such as trade wars and uncertainties around Federal Reserve policies, in...
Asian Stocks Surge Amid Trump’s Reassurance on Fed Chair and Tariff Cuts
In a significant turn of events, Asian stock markets rallied on Wednesday, reflecting positive sentiment from Wall Street after U.S. President Donald ...
Boeing Faces Turbulent Skies Amid Trade Tariffs and Recovery Efforts
In a significant development for The Boeing Company, the expected positive financial outcomes for the first quarter of 2025 are overshadowed by escala...
RFK Jr. and FDA Announce Plan to Ban Seven Synthetic Food Dyes by 2026
In a significant move to reshape the American food landscape, Robert F. Kennedy Jr., Secretary of the U.S. Department of Health and Human Services, ha...