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Seagate's 4TB portable external hard drive is on sale for $99 on Amazon, a 20% discount from its original price of $124. This high-quality drive offers fast transfer speeds via USB 3.0 (backward compatible with USB 2.0),…
Adolphus Jones, a 71-year-old retired textile worker from Union, South Carolina, dismisses President Trump's vision of a manufacturing revival. He recalls low wages and lack of upward mobility in the textile industry dur…
Despite President Putin's claims of a thriving Russian economy, the absence of Boeing is notable. Before the Ukraine invasion, Boeing played a crucial role in Russia's aviation sector, selling, maintaining planes, and op…
General Motors is cutting production of its BrightDrop electric delivery vans at its CAMI plant in Canada, idling the facility for 20 weeks starting next month and reducing shifts from two to one, resulting in 500 job lo…
The New York Times reports Apple's AI struggles partly stem from CFO Luca Maestri's decision to significantly reduce a planned GPU purchase increase in early 2023. Despite CEO Tim Cook's approval to double the budget, Ma…
Busy Baby, a Minnesota-based baby product company, faces crippling tariffs on its Chinese-made goods. Owner Beth Benike, Minnesota's Small Business Owner of the Year, saw import costs skyrocket from $31,000 to nearly $20…
JPMorgan Chase reported a 9% increase in first-quarter net income to $14.6 billion, exceeding analyst expectations. However, CEO Jamie Dimon warned of "considerable turbulence" in the US economy, citing geopolitical fact…
Amazon CEO Andy Jassy anticipates third-party sellers will pass on new tariff costs to consumers due to slim profit margins. While Amazon is strategically buying inventory and renegotiating deals to mitigate price increa…
US Defense Secretary Pete Hegseth terminated several IT and consulting contracts with firms like Accenture and Deloitte, citing "wasteful spending." The move, influenced by the Department of Government of Efficiency (DOG…
Gold reached a record high of $3,194.20 per ounce Thursday, boosting miner stocks like Newmont (NEM) and Barrick Gold (GOLD). Investors sought safe haven assets amid tariff uncertainty and broader market declines. Howeve…
The European Union (EU) and the United Arab Emirates (UAE) have agreed to begin free trade negotiations. This follows a meeting between EU Commission President Ursula von der Leyen and UAE President Sheikh Mohamed bin Za…
President Trump downplayed a significant stock market drop, attributing it to short-term fluctuations and ongoing trade negotiations. Treasury Secretary Bessent echoed this sentiment, expressing confidence in reaching be…
High-net-worth investors largely avoided panic selling during the recent market downturn, unlike during previous crises. Many wealth managers reported clients either holding steady or selectively buying, using the dip fo…
Despite Trump administration predictions, Apple is unlikely to manufacture iPhones in the US due to high costs and complex supply chains. Shifting production could triple iPhone prices, impacting sales. Analysts estimate…
The threat of new auto tariffs has created a mixed reaction in the US car market. Some buyers are rushing to purchase vehicles before prices potentially increase, leading to a surge in sales. Dealerships are experiencing…
Microsoft celebrated its 50th anniversary with a star-studded event featuring Bill Gates, Steve Ballmer, and Satya Nadella. The event showcased new Copilot AI features, but was disrupted by two employee protests criticiz…
US stocks plummeted Thursday morning, reversing Wednesday's surge following President Trump's surprise tariff pause. The Dow fell 5%, Nasdaq over 4%, and S&P 500 over 3.5%. The White House clarified that total tariffs on…
OpenAI is countersuing Elon Musk for unfair competition and business interference, escalating their legal battle. Musk, an early OpenAI investor, is accused of making a sham $97.4 billion bid to acquire OpenAI, a figure …
Prada is acquiring Versace for $1.36 billion, creating a major luxury fashion group to rival LVMH and Kering. The deal, announced Thursday, unites two iconic Italian brands. Prada aims to build on Versace's legacy while …
Following Donald Trump's morning tweet urging to "BUY" stocks, the market surged. The S&P 500 gained $4 trillion after Trump announced a 90-day tariff pause, hours after his post. Democratic senators are calling for an i…
US stocks fell sharply on Thursday, reversing some of Wednesday's historic gains fueled by President Trump's tariff pause. The S&P 500 dropped 2.3%, the Dow Jones Industrial Average fell 700 points (1.7%), and the Nasdaq…
JPMorgan Chase CEO Jamie Dimon's intervention convinced President Trump to temporarily halt most planned tariffs, averting a potential market crash. Dimon's actions, influenced by the unraveling bond market, led to a sig…
Netflix threatens UK price hikes if a proposed 5% streaming levy is implemented. The Culture, Media & Sport Committee recommended the levy on streamer revenue, but the government currently has no plans to introduce it. N…
US stocks surged dramatically after President Trump announced a 90-day pause on most reciprocal tariffs, excluding those on China. The Dow soared over 2,900 points, the S&P 500 saw its best day since 2008, and the Nasdaq…
Walmart withdrew its first-quarter financial guidance due to uncertainty surrounding new tariffs on goods from China and other countries. Despite this, Walmart predicts a 4% sales increase for the quarter and maintains i…