High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.
High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.
AI is impacting the labor market, young tech workers: Goldman economist
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to […]
Corona’s parent is looking for more beer drinkers. Why Budweiser could be the buzzkill.
ICE raids have hurt beer demand for Corona’s parent company. Its search for sales elsewhere could hit these obstacles.
Trump says JPMorgan Chase, Bank of America rejected him as a customer
President Donald Trump said Tuesday that the two largest American banks previously rejected him as a customer, reviving claims that conservative clients were being unfairly denied accounts. Trump told CNBC’s “Squawk Box” in a wide-ranging interview that JPMorgan Chase informed him he had 20 days to move “hundreds of millions of dollars in cash” to […]
CEO training ground for the restaurant industry
Customers walk out of a Taco Bell and Pizza Hut restaurant during lunchtime in Los Angeles, California. Kevork Djansezian | Getty Images Looking for the next CEO for your restaurant chain? Try mining the ranks at Yum Brands. The restaurant conglomerate, which owns Pizza Hut, KFC and Taco Bell and reported quarterly results Tuesday, has […]
CEOs are acting like it’s the ‘Great Recession’ — and that’s crushing this stock
Gartner’s stock was having its worst day since 1999, as a historic drop in CEO confidence led the IT consultant to cut its revenue outlook.
Roku launches ad-free streaming service, Howdy, for $2.99 a month
A Roku remote in an arranged photograph in Hastings-on-Hudson, New York, on May 2, 2021. Bloomberg |Getty Images Roku announced Tuesday it’s launched Howdy, a commercial-free streaming service that costs $2.99 a month, in a shift for the company that’s long been know for free, ad-supported viewing. The streaming platform is expected to feature 10,000 […]
Any of these 8 tech stocks could become a $5 trillion company before Nvidia does
There’s a good chance Nvidia won’t become the U.S. stock market’s first $5 trillion company.
Pfizer (PFE) Q2 2025 earnings report
Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty Images Pfizer on Tuesday hiked its full-year adjusted profit guidance on cost cuts and its strong business performance this year. The company also reported second-quarter results that topped Wall Street’s estimates for the […]
FCA fines Woodford and bans him from senior roles
FCA fines Woodford and bans him from senior roles
