Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire
The Trump administration has ramped its tariff actions back up since the president's trade agenda suffered major legal setbacks earlier this year.
Intel's stock jumps as chipmaker rides AI boom to fastest revenue growth in almost 15 years
Intel rallied after the company reported blowout earnings and guidance.
Pentagon lowers official Iran war death toll, omitting four killed this month
The Pentagon lowered its official Iran war death toll to 14 from 18, removing four service members killed this month.
Trump's new global tariff draws rebukes from trade partners over forced-labor justification
U.S. trading partners have rejected the forced-labor rationale behind Trump's new global tariffs, while most signaled plans to keep negotiating.
Treasury yields retreat, 10-year hovers around January 2025 highs
The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage and auto loans and credit card debt — was last seen down one basis point at 4.693%.
Russian attack cuts power to around 150,000 in Ukraine’s north as Kyiv hits missile, oil facilities
The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov.
Oracle signs 10-year software contract with Pentagon worth up to $7 billion
Oracle will supply on-premises software to the U.S. Department of Defense.
Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.
As Honda CR-V leads U.S. sales, automaker teases new American-built pickup truck
The future of the Ridgeline midsize pickup truck had been in flux, and the automaker said there will be a temporary production stoppage for the truck.
Amazon cracks down on use of AI images by sellers after New York law
A recently enacted New York law mandates that companies disclose when an ad includes a "synthetic performer" in place of a human actor.
Shortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'
After staying flat as the U.S.-Iran war heated up again, equities tumbled on Thursday after oil prices crossed $100 per barrel.
OpenAI's Hugging Face hack triggers 'AI Kill Switch' bill in Congress
OpenAI disclosed this week that some of its AI models went rogue and hacked into open-source developer platform Hugging Face.
Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries
Southwest hired a ship this spring to send fuel from Houston to Los Angeles in case of supply shortages.
U.S., other nations back open-source AI with 'strong security' at China summit
The APEC statement is the first to include open-source cooperation at a minister level, said Li Lecheng, China's industry and information technology minister.
Intel's turnaround under CEO Lip-Bu Tan gains steam with another strong quarter
It's hard not to be impressed by Tan, who, in a little more than a year, has transformed the company.
Tesla, Alphabet lose hundreds of billions in value in post-earnings stock plunge
Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.
Volkswagen CFO addresses plant closures, job losses as profits sink
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit and revised down its sales forecast for 2026.
South Korea's president invokes dramatic Japan realty crash to push domestic property agenda
Lee was highlighting the country's excessive investment in real estate, and highlighted that Japan's housing market "burst like a balloon."
U.S. to see higher generic drug prices thanks to tariffs, CEO of leading India pharma firm warns
CEO of Indian pharma company Dr Reddy's has warned that Trump's proposed tariffs on generic drugs will make them more expensive for patients.
Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
This is the first rise in core inflation since March, and was in line with the1.6% growth expected by economists polled by Reuters.
China's largest memory chipmaker sparks fears of a cash drain as it readies for public debut
CXMT is stoking fears that its blockbuster stock market debut could pull cash from China's equities.
Amazon and Microsoft pivot cloud gaming strategies to target different players
Amazon is bringing Luna to the Prime Video streaming service, while Microsoft will test an ad-supported streaming of titles that people own.
10-year Treasury yield rises to highest since January 2025 as surging oil rekindles inflation fear
U.S. Treasury yields climbed on Wednesday, following oil prices higher, as traders also reacted to a slump in weekly claims for unemployment insurance.
Allianz to buy HSBC’s Singapore insurance unit for $2.09 billion
Allianz to acquire Singapore insurance business from HSBC