U.S. President Trump is set to send tariff letters to 12 countries, outlining new trade levels. With tariffs potentially reaching 70%, the global trade landscape could change dramatically.
U.S. stocks soared Thursday as the S&P 500 and Nasdaq reached record highs following a positive jobs report. With nonfarm payrolls exceeding expectations, optimism about the economy strengthens despite trade uncertainties.
Meta's recruitment of top AI talent is reaching unprecedented heights, with offers of up to $300 million. As the tech giant races to secure its dominance in AI, the competition is heating up, raising eyebrows and salaries alike.
In a stunning turn of events, the Indiana Fever overcame a 13-point deficit to defeat the Minnesota Lynx 74-59 in the WNBA Commissioner’s Cup final, despite missing star Caitlin Clark. Natasha Howard led the charge with 16 points and 12 rebounds, while the Lynx struggled offensively.
Wyoming has confirmed its first measles case in 15 years, sparking health alerts as infections rise across the U.S. The unvaccinated child was infectious during hospital visits, prompting warnings for potential exposure.
Apple's Formula One movie, starring Brad Pitt, takes the lead with $10M in previews, outperforming other major releases. Can it hit the $50M mark this weekend?
Nike's stock jumped 17% after the company declared that the worst of its struggles is behind it, following a better-than-expected fourth-quarter earnings report despite significant challenges.
Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
In a remarkable turnaround, S&P 500 and Nasdaq 100 futures have reached record highs, defying economic concerns. As investors await crucial inflation data, the market's momentum is undeniable, with significant weekly gains for major indices.
The pound briefly soared to its highest level against the dollar in nearly four years, driven by reports of Trump possibly replacing the Fed chair. As the dollar weakens, concerns grow over the independence of the Federal Reserve.
