Browsing: Business

US retail sales rose 0.6% in June as consumers prioritized essentials and autos despite inflation and tariffs, highlighting steady demand and economic resilience.

Jerome Powell firmly rejects White House claims of wasteful spending on the Federal Reserve renovation, citing transparency and unavoidable cost increases.

Eurostat figures highlight rising inflation across the euro area in June, with services and food costs driving gains.

House Republicans advanced crypto regulation bills after breaking a record-setting deadlock, overcoming GOP divisions to push key legislation closer to passage.

Stocks edge lower in early trade as markets await key U.S. data and Netflix earnings, while gains from Taiwan Semiconductor and GE Aerospace boost confidence.

U.S. banks are preparing for a difficult earnings season as European lenders report their best first-half results in decades, highlighting diverging economic paths.

Apple will source rare earth magnets from MP Materials in Texas, advancing US manufacturing and recycling efforts to meet growing technology demand.

Los Angeles port reported record June container volumes as importers rushed to stock up ahead of new tariffs, highlighting ongoing trade policy uncertainty.

Meta is investing billions to build AI infrastructure, with Prometheus and Hyperion data centers powering its superintelligence ambitions.

US inflation data for June is expected to show how President Trump’s tariffs are beginning to influence consumer prices across key goods categories.