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U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade liberalization. The new US tariffs, which
The U.S. labor market added just 73,000 jobs in July, falling short of expectations and signaling a sharp slowdown in hiring as President Donald Trump’s tariff policies weigh on businesses. According to the Bureau of Labor Statistics, the July figure was below
Shares of Danish pharmaceutical company Novo Nordisk fell sharply by 20% on Tuesday after the company cut its full-year sales and profit outlook and named a new chief executive officer. The market reaction came amid ongoing challenges in the U.S. market for
Barclays reported second-quarter earnings that exceeded analyst expectations, supported by a strong performance in trading amid increased market volatility. The British lender posted a pre-tax profit of £2.5 billion ($3.34 billion) for the quarter ending June 2025, above the £2.23 billion estimate
Boeing significantly narrowed its quarterly losses and posted stronger-than-expected revenue, marking a notable step forward in the aerospace manufacturer’s ongoing recovery efforts. The company reported a net loss of $176 million for the second quarter ending June 30, a sharp reduction
U.S. Treasury yields moved slightly higher on Thursday following fresh economic data that suggested continued resilience in the U.S. labor market. The benchmark 10-year Treasury yield edged up more than one basis point to 4.404%, while the yield on the 2-year
U.S. President Donald Trump is scheduled to visit the Federal Reserve on Thursday, marking a rare and highly symbolic move that intensifies his ongoing pressure campaign against Federal Reserve Chair Jerome Powell. The White House confirmed the visit, which will take place
Lynsi Snyder, president and owner of In-N-Out Burger, has confirmed she is relocating from California to Tennessee as part of a broader corporate transition for the family-run fast-food chain. The move aligns with the development of a new office in Franklin, Tennessee,
Canada’s wildfires have burned more than 5.5 million hectares of land so far in 2025, according to official figures released this week. This year’s fires, while severe, remain below the levels seen in 2023, which was recorded as the country’s worst wildfire
Minutes from the United States Federal Reserve’s June 17-18 policy meeting reveal growing divergence among officials over the direction and pace of interest rate cuts, as policymakers grapple with the impact of new trade tariffs, inflation dynamics, and a shifting labor market. Despite