Brookfield to Build $10 Billion AI Data Center in Sweden
Brookfield Asset Management announced its plan to spend $10 billion on building a new artificial intelligence data center in Sweden...
Economics
Tesla’s German EV Sales Slump as Competition Grows
The German electric vehicle sales of Tesla declined for five consecutive months in May according to KBA data which showed...
European Inflation Falls Below ECB Target Amid Tariff Worries
The eurozone inflation rate decreased to 1.9% in May compared to 2.2% in April thus becoming the first time since...
U.S. Growth Seen Slowing to 1.6% as Tariffs Bite
The OECD forecasts that the United States economy will expand at 1.6% this year before decreasing to 2.8% in 2024...
JPMorgan Promotes Marianne Lake, Hints at Future Leadership
JPMorgan Chase has expanded Marianne Lake’s responsibilities, naming her head of the bank’s overseas consumer banking arm and strategic growth...
Dollar’s Sharp Decline Faces Pushback as Bearish Bets Peak
The United States dollar has experienced a significant decline during recent months because of rising trade tensions and President Donald...
Trump Rallies in Pennsylvania as Nippon Steel Deal Nears Approval
The President Donald Trump will attend a rally in Pittsburgh on Friday to promote what he has called a “planned...
US Jobless Claims Climb as Profits Slide, Tariff Risks Mount
The US economy shows signs of slowing down because jobless claims increased more than expected while corporate profits suffered a...
U.S. Loses Billions as Foreign Tourism Declines
The U.S. economy faces an expected decline of $8.5 billion in international tourism during this year based on Oxford Economics...
Trump Extends EU Trade Talks After 50% Tariff Threat
During a phone call with European Commission President Ursula von der Leyen President Donald Trump agreed to postpone the impending...
