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Browsing: Business
U.S. job openings fell to 7.18 million in July, the lowest since October 2024, signaling continued slowdown across key sectors.
American Eagle shares soared 25% after Sydney Sweeney’s campaign helped the brand exceed Q2 expectations and drive early fall retail momentum.
Trump-backed American Bitcoin debuts on Nasdaq with $5B valuation, signaling rising crypto appetite and ETF-driven institutional interest.
Macy’s stock surged 20% after it reported surprise sales growth and exceeded earnings estimates in Q2, raising its full-year revenue forecast.
Dow fell nearly 250 points on Tuesday as Treasury yields surged and a U.S. court ruling over Trump-era tariffs added legal uncertainty to markets.
India, Russia, China and others forge stronger partnerships after Trump’s tariff moves, accelerating a realignment in global trade leadership.
Canada has lifted most tariffs on U.S. goods, easing trade tensions and clearing the way for tariff-free imports under the CUSMA trade agreement.
Alibaba shares surged 19% after cloud unit revenue jumped 26% and reports confirmed its push to develop a domestic AI chip amid U.S. tech restrictions.
U.S. whiskey maker Brown-Forman reported a 62% sales decline for Jack Daniel’s in Canada as a result of provincial boycotts targeting American liquor.
The Japanese government lowered its corporate earnings forecast, blaming new U.S. trade barriers that have begun to weaken factory output and exports.
