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Apple raised iPhone trade-in values in China to boost sales. iPhone 15 Pro Max now gets up to ¥5,700, signaling efforts to regain market share.
G7 finance chiefs vowed to address global economic imbalances and warned of possible tougher sanctions on Russia, despite some underlying differences.
The U.S. will stop making pennies, saving $56M yearly, as costs rose to 3.69 cents per coin. Trump called the coin "wasteful" in a February post.
Retail sales volumes in the UK saw a solid increase in April 2025, rising by 1.2% compared to the previous month. This marks a notable improvement from March 2025, when growth was initially estimated at 0.4% but later revised down to just 0.1%. A key driver of the April boost was a significant rise in food store sales, with retailers
The House passed Trump's major tax and spending bill 215-214, with GOP defections. Speaker Johnson calls it "generational" and aims for it to become law by July 4.
Walmart plans to cut about 1,500 jobs to streamline operations, affecting roles in tech, U.S. e-commerce fulfillment, and its ad unit, Walmart Connect.
The European Central Bank is expected to cut rates in June, but stronger economic data and rising inflation risks may lead to a pause in further rate cuts afterward.
Nestlé CEO says the firm is refocusing on core business, moving away from weaker segments like supplements, and recovering U.S. market share despite tariffs.
Visa launched a program to boost the fintech ecosystem by simplifying how businesses embed payments into their apps, aiming for smoother and faster integration.
Nike will raise prices on some adult apparel and gear by $2–$10 starting next week and resume selling products on Amazon after a six-year break.
Gold prices have staged a strong recovery, rebounding from the $3,120.00 level to trade above $3,300.00. This notable upward movement reflects renewed buying interest and market confidence. Additionally, the current price action shows that gold is now trading above key simple moving averages (such as the 50-day and 200-day SMAs), which often serves as a technical signal of continued bullish
Bitcoin reached a new all-time high of $111,348, rising 3% in 24 hours. It is up 17.5% year-to-date and 47% since its April low of $75,000.
Lowe's Companies, Inc. reported its first quarter 2025 financial results, showing a modest decline in both sales and earnings compared to the same period in 2024. For the quarter ending May 2, 2025, the company posted net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.92, down slightly from the $3.06 EPS reported in Q1 of the
Mexico's economy minister said cars made in Mexico and sold in the U.S. will face a 15% tariff, not 25%, thanks to discounts—calling it a big advantage.
Trump chose a design for the $175B Golden Dome missile shield and named a Space Force general to lead the satellite-based defense against China and Russia.
Nvidia CEO says U.S. AI chip export curbs to China failed, costing billions. Biden's rules blocked China; Trump plans to modify them.
UK inflation rose to 3.5% in April, above forecasts. Core inflation hit 3.8%, driven by energy, transport, and housing costs, despite recent cooling trends.
Trump's tax and spending bill faces a key House test, with debates on Medicaid cuts, tax breaks, and more funding for immigration enforcement and less for aid.
Japan's export growth slowed in April as U.S.-bound shipments fell, with businesses bracing for Trump's tariffs amid a fragile economic recovery.
The FX pair recently tested and rejected the resistance level at 149.000, indicating strong selling pressure at that zone. Following the rejection, the price began a gradual decline, moving towards the 143.000 support area. This support zone is a key level to watch, as it could determine the next directional move. If the 143.000 support level holds, it may act as
To avoid Trump's China tariffs, companies are rushing to use bonded U.S. warehouses, where goods can be stored duty-free until sold.
Home Depot made $3.4 billion in profit for the first quarter of fiscal 2025, or $3.45 per share. This is slightly down from $3.6 billion, or $3.63 per share, in the same quarter last year. On an adjusted basis, earnings were $3.56 per share, compared to $3.67 last year. CEO Ted Decker said the results met expectations, with strong customer interest
Elon Musk said he'll stay Tesla CEO for at least five more years, valuing control of the company, despite rumors about the board seeking his successor.
Sweden's central bank backs cash use, proposing mandatory cash acceptance for essentials and stronger bank roles in cash handling amid pushback on going cashless.