As Russia grapples with a weakening economy and high borrowing costs, central bank officials insist it's not in a recession. With wartime expenditures soaring and a disastrous harvest, experts warn of a potential debt crisis.
In a bold statement, Commerce Secretary Howard Lutnick claims the Supreme Court won't dismantle Trump's tariffs, contrasting Treasury Secretary Bessent's dire warnings about potential refunds. Tune into 'The Axios Show' for insights!
S&P 500 futures rose slightly after Oracle's impressive forecast and cloud revenue surge, while traders await key inflation data that could influence Federal Reserve decisions.
In a pivotal move, the Supreme Court will expedite the appeal of a ruling that struck down most of Trump's tariffs, potentially reshaping global trade and impacting billions in revenue. The case's outcome could have dire consequences for the U.S.
As Jaws celebrates its 50th anniversary, it proves it's still a box office contender, coming in second place behind the hit film Weapons. This summer has been tough for Hollywood, but Jaws shows it still has bite!
White House adviser Peter Navarro warns that if Trump's global tariffs are struck down by the Supreme Court, it could mean 'the end of the United States.' With tariffs generating significant federal revenue, the stakes are higher than ever!
An appellate court ruling may jeopardize Trump's use of tariffs, affecting his revenue strategies and international negotiations. What does this mean for global trade?
The U.S. has ended tariff exemptions for parcel imports, impacting consumers and e-commerce businesses. Learn how this change may lead to higher costs and supply chain challenges as the nation enforces new duty rates.
Shares of Marvell Technology dropped 15% after the AI chipmaker reported lower-than-expected data center revenue and provided a lackluster outlook for the upcoming quarter. The CEO acknowledged some challenges in customer pipeline clarity, raising concerns among investors.
In a significant move, the Trump administration has announced plans to take control of Union Station, aiming to revitalize the iconic transportation hub. Transportation Secretary Sean Duffy emphasized the need for better management and increased revenue to restore the station's former glory amidst claims of a crime wave in Washington, DC.
