Consumer Reports just released something every car buyer needs to see. The independent research nonprofit ranked 31 car manufacturers after months of testing, and honestly, some results caught even industry veterans off guard. Anyone wondering which brands deliver real value…
Oil prices fell on Monday, wiping out last week’s gains after loadings resumed at Novorossiysk, the key Russian export hub on the Black Sea. The reversal came following a two-day suspension triggered by a Ukrainian attack on the critical port.…
The United States and Switzerland struck a landmark framework trade agreement on Friday, slashing tariffs on imported Swiss products from 39% to 15% while Swiss companies commit to invest $200 billion in the U.S. by the end of 2028. Washington…
Walt Disney came up short of what Wall Street wanted to see on Thursday, and the stock took a beating for it. The company’s quarterly revenue numbers disappointed pretty much everyone watching, even though some parts of the business are…
Amazon faces a class action lawsuit filed Wednesday in Manhattan federal court, accused of subjecting thousands of warehouse employees with disabilities to a punitive absence policy that threatens their jobs when they seek workplace accommodations. The Seattle-based retailer, America’s largest…
Visa and Mastercard announced a revised $38 billion settlement with merchants Monday, ending 20 years of litigation over swipe fees that businesses claim violate U.S. antitrust laws. U.S. District Judge Margo Brodie in Brooklyn, New York, had rejected a smaller…
Americans are feeling worse about the economy than they have in years. Consumer sentiment plunged in November to near-record lows, hitting levels not seen since the worst days of 2022 when inflation was spiraling out of control. The University of…
US stocks plummeted Thursday as the Dow dropped 403 points amid mounting concerns about expensive tech stocks and troubling job market data. The S&P 500 fell 0.9% while the tech-heavy Nasdaq Composite slid 1.44%, triggering extreme fear across Wall Street…
OpenAI has signed a groundbreaking $38bn (£29bn) contract with Amazon to access its cloud computing infrastructure, marking the ChatGPT maker’s largest diversification move away from Microsoft. The seven-year agreement positions the AI start-up to secure unprecedented computing power for artificial…
Oil prices eased Thursday even though U.S. President Donald Trump said he’d lower tariffs on China. The announcement came after a meeting with President Xi Jinping in South Korea, but traders weren’t buying the optimism. There was plenty of scepticism…
American sports faced another black eye this week after arrests of an NBA coach and a current NBA player for alleged ties to illegal sports betting and rigged poker games. Despite this latest example of players breaking rules, leagues and…
President Donald Trump pardoned Changpeng Zhao, the Binance founder who served prison time for anti-money-laundering violations, sending shockwaves through financial regulatory circles. The pardon, issued Thursday, effectively erases the criminal record of a man whose crypto exchange facilitated transactions involving…
The Trump administration is weighing a sweeping plan to curb software-powered exports to China, targeting everything from laptops to jet engines as it prepares to retaliate against Beijing’s latest round of rare earth export restrictions. A U.S. official and three…
Huntington Bancshares reported a significant rise in third-quarter profit on Friday, as the regional U.S. lender benefited from increased interest income and fees across all divisions. The Columbus, Ohio-based bank posted net income of $629 million, or 41 cents per…
Nestle announced Thursday it will cut 16,000 jobs globally as new CEO Philipp Navratil ignites a major restructuring to reverse the world’s largest packaged food company’s declining performance. The jobs being cut represent 5.8% of Nestle’s around 277,000 employees, part…
