Bitcoin ($BTCUSD) is riding a wave of surging optimism, smashing past $112k as retail and institutional capital pour into the cryptocurrency. Some say the market has grown euphoric, and that…
After a relatively quiet week for the S&P 500, we’re seeing some interesting shifts in sector dynamics. Let’s dive into the latest rankings, RRG analysis, and what it means for…
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Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
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LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence…
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee beans, accounts for about a third of…
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White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
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President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about a pricey and “ostentatious”…
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals, for $3.1 billion. The acquisition is set…
SAN FRANCISCO — OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people familiar with the matter told Reuters. The browser is…
Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to develop, manage, and operate the University of Texas’ basketball…
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Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
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Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking…
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Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
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Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing…