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Over 600 UAW workers at GE Aerospace plants in Ohio and Kentucky went on strike after contract talks failed, affecting engine production and parts supply.
Natural Gas is showing signs of a significant potential shift. After being in a clear downtrend defined by a descending channel for an extended period, the price has now broken out above the channel's upper trendline, suggesting the long-term bearish pressure may be waning. This potential bullish reversal is supported by the technical indicators. The Relative Strength Index (RSI) has
Nvidia shares fell as uncertainty looms over its China business, with sales excluded from forecasts despite a tentative deal with Trump to resume chip exports.
NVIDIA reported Q2 FY2026 revenue of $46.7 billion, up 6% from the previous quarter and 56% from a year ago, with Data Center revenue at $41.1 billion, up 5% sequentially and 56% year-over-year. Blackwell Data Center revenue grew 17% sequentially. Net income was $26.4 billion, up 41% from Q1 and 59% from last year, with GAAP EPS of $1.08 and
T-Mobile launched its "SuperMobile" plan with satellite connectivity and network slicing, offering faster, more reliable service to attract enterprise clients.
Half of UK adults fear AI's impact on jobs, with 62% of 25–34-year-olds most worried, as big firms like BT, Amazon, and Microsoft hint at future job cuts.
Trump's tariff hike on Indian goods to as high as 50% took effect, escalating trade tensions between the two nations over issues like Russian oil purchases.
Ford is recalling over 355,000 U.S. vehicles due to an instrument panel display issue; software updates will be provided by dealers or via over-the-air updates.
Porsche has begun searching for a new CEO as Oliver Blume steps down to focus on leading Volkswagen, addressing shareholder concerns over his dual role.
Norway's $2T wealth fund divested from Caterpillar and five Israeli banks on ethical grounds, citing concerns over their business practices.
AT&T will buy wireless spectrum licenses from EchoStar for $23B to strengthen its network after FCC and Trump urged a deal.
CPI indicator rose 2.8% year-on-year in July 2025, up from 1.9% in June. Housing, food and non-alcoholic beverages, and alcohol and tobacco were the largest contributors to the increase, with electricity costs jumping 13.1%, though the Commonwealth Energy Bill Relief Fund rebates helped reduce household impacts. The CPI excluding volatile items such as fuel, fruit and vegetables, and holiday
China is sending Vice Commerce Minister Li Chenggang to Washington this week, signaling progress in trade talks after Trump extended the tariff truce.
Trump fired Fed Governor Lisa Cook over alleged mortgage misstatements, challenging norms of presidential power over the independent central bank.
South Korea pledged $150B in U.S. investments at the Trump-Lee summit and agreed on a plan to direct $350B in funds to help ease U.S. tariff threats on Korean goods.
U.S. consumers with top credit scores are falling behind on debt, with 90+ day late payments up 109% year-over-year for superprime borrowers and 47% for prime.
Poland's UOKiK accused Netflix of raising subscription fees by up to $1.92 in Aug 2024 without explicit user consent, violating consumer protection rules.
Tesla rejected a $60M settlement in a lawsuit over a 2019 Autopilot crash; a jury later awarded $243M. Plaintiffs revealed the proposal in a court filing Monday.
When interest rates go down, banks may make less money from loans because the difference between what they earn on loans and what they pay on deposits gets smaller. They may also earn less from investments like bonds. Lower rates can make more people borrow money, which helps a bit, and banks may earn more from fees to make up
The U.S. will announce Japan's $550B investment this week, Commerce Secretary Lutnick said, with a Japanese trade envoy set to visit Washington to formalize the deal.
Gold is forming a bullish ascending triangle pattern, defined by a strong horizontal resistance ceiling at 3372.26 and a rising trendline creating higher lows. The price is trading firmly above the 24 and 100-period Simple Moving Averages, which have recently made a bullish crossover, and the Relative Strength Index (RSI) is in bullish territory above 50. Currently, the price is
Canada's big six banks are expected to cut Q3 loan-loss provisions to C$5.22B from C$6.37B in Q2, as U.S. tariffs hurt loan portfolios less than feared.
Mercedes-Benz's pension trust will sell its $346M, 3.8% stake in Nissan, adding pressure as the automaker faces tariffs, restructuring, and a 24% stock slide this year.
The Pinault family, holding 29.3% of Puma via Artemis SAS, is exploring options for the brand, including a possible sale.