Tesla Grants Musk $29 Billion Stock Award
Tesla granted CEO Elon Musk a $29 billion share award to maintain his focus on transforming the company from electric...
Economics
U.S. Manufacturing Contracts Again, Jobs Hit 5-Year Low
The U.S. manufacturing sector experienced its fifth consecutive month of decline in July while factory employment reached its lowest point...
EU Braces for 10% U.S. Tariffs in Trade Talks
The European officials have been preparing for a 10% baseline tariff to be included in any future trade agreement with...
Fed Meets as Mideast Conflict Clouds Economic Picture
Federal Reserve officials started their two-day policy meeting on Tuesday while dealing with increasing geopolitical threats and conflicting economic indicators....
Airbus Lands VietJet Jet Deal as Tariff Talks Loom
The Paris Airshow brought Airbus a significant victory through its announcement of a deal with VietJet for up to 150...
Goldman Cuts US Recession Odds as Tariff Risks Ease
The U.S. recession probability decreased to 30% according to Goldman Sachs because Washington and Beijing confirmed their framework deal which...
G7 Allies May Cut Russian Oil Cap Without US Support
Sources close to G7 internal discussions reveal that most member countries support lowering the Russian oil price cap even though...
Bond Yields to Ease as Fed Rate Cuts Loom, Poll Shows
The U.S. Treasury yield is expected to decrease in the coming months as investors predict the Federal Reserve will cut...
Trump Claims US-China Trade Deal Finalized, Key Details Sparse
Ptsident Trump announced on Wednesday that the U.S.-China trade agreement is finalized but many details remain unclear. Through his Truth...
Lutnick Hails “Good” Progress in US-China Trade Talks
U.S. Commerce Secretary Howard Lutnick reported that trade negotiations with China were advancing during the second day of official meetings...
