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US Invests in Rare Earths to Counter China

The US government will become the largest shareholder in MP Materials, the operator of America's only active rare earth mine, to reduce reliance on China. A 10-year agreement guarantees a minimum price for neodymium and …

CNBC Ranks Top States for Business in 2025

CNBC's 19th annual ranking of America's Top States for Business in 2025 evaluated all 50 states across 135 metrics within 10 categories. The methodology, refined this year to include trade war and budget risk assessments…

Tariffs Dampen Stock Market Rally After Nvidia Milestone

US stock futures dipped Thursday, following President Trump's announcement of a 50% tariff on Brazilian goods starting August 1st. This countered Wednesday's rally fueled by Nvidia reaching a $1 trillion market cap. Desp…

Delta Lowers Profit Forecast Amid Weaker Demand

Delta Air Lines lowered its 2025 profit forecast due to weaker-than-anticipated demand and industry overcapacity. However, the airline exceeded Wall Street's expectations for summer travel bookings, which have since stab…

Google Launches AI Ad Tools in India's Booming Market

Google launched its AI-powered advertising tools in India, following the repeal of a digital advertising tax. These tools, including "Generated for You" and Smart Bidding Exploration, utilize AI to optimize ad campaigns …

Sony's 65-inch OLED TV: 51% off for Prime Day

Amazon's Prime Day sale offers a significant discount on the 65-inch Sony Bravia XR QD-OLED TV (A95K series). Originally priced at $3499.99, it's now available for $1698.00, a 51% reduction. Designed for optimal PlayStat…

China Stocks Soar Amid Deflationary Pressure

Chinese shares surged, potentially closing at their best levels in three years, fueled by investor optimism regarding further economic stimulus measures to combat deflation. The Shanghai Composite Index and CSI 300 index…

AI to Drive Massive Prime Day Sales Growth

Amazon's Prime Day, running July 8-11, is projected to generate $23.8 billion in US online sales, a 28.4% year-over-year increase. Adobe Analytics predicts generative AI will significantly impact this year's sales, with …

Prime Day Sales Test Consumer Spending Amid Tariffs

Amazon's four-day Prime Day sale, running July 8-11, is expected to generate a record-breaking $23.8 billion in spending, a 28% increase from last year. This surge in spending will provide insight into consumer resilienc…

Tesla Board Urged to Curb Musk's Political Activities

Tesla's stock plummeted 7% after Elon Musk announced a new political party, prompting Wedbush Securities analyst Daniel Ives to urge Tesla's board to rein in Musk's political activities. Ives proposed a three-point plan:…

Female CEO Launches Ultra-Luxury Electric Car Brand

Kristie D'Ambrosio-Correll is revolutionizing the ultra-luxury electric vehicle market with Dacora, her own company. Targeting high-net-worth individuals seeking privacy and a departure from current market offerings, Dac…

Post Office Scandal: Report Reveals Devastating Impact

A report on the Post Office Horizon IT scandal reveals the devastating impact on sub-postmasters wrongly accused of theft. Over 13 individuals may have died by suicide due to the scandal, with many more experiencing seve…

Trump Media Files for Crypto ETF Launch

Trump Media & Technology Group announced the filing of a registration statement for the Truth Social Crypto Blue Chip ETF (B.T.). The ETF will invest primarily in Bitcoin (70%), Ether (15%), and other cryptocurrencies li…

Hershey Names Wendy's CEO as New Chief Executive

Kirk Tanner, Wendy's CEO, will become the new chief executive of The Hershey Company on August 18th, replacing Michele Buck who is retiring after nearly 20 years. Tanner's extensive background at PepsiCo and his recent t…

A+E Global Media Put Up For Sale Amidst Industry Shift

A+E Global Media, the parent company of A&E Network, History, and Lifetime, is up for sale. Disney and Hearst, its 50/50 owners, have engaged Wells Fargo to handle the sale process. This move follows similar divestitures…

Amazon Extends Prime Day, Offers Gen Z Perks

Amazon's Prime Day sale, now a four-day event, begins Tuesday. The extended sale includes a 5% cashback offer for Gen Z Prime members. While analysts are unsure if the extra days will boost sales amid inflation concerns …

EU-US Trade Talks Continue, Deal Uncertain

EU and US trade talks continue following a phone call between President Trump and Commission President von der Leyen. EU Trade Chief Šefčovič briefed ambassadors, stating the Commission didn't anticipate a particular let…

Apple Appeals €500M EU App Store Fine

Apple is appealing a €500 million EU fine for allegedly anti-competitive App Store practices. The EU Commission claims Apple restricted developers from informing customers of alternative payment options. Apple calls the …

Family Office Investments Surge in Biotech and Entertainment

Family office investments surged in June, reaching 60 deals, up from May's 47 but down 40% year-over-year. Biotech and healthcare led the way, with notable investments in Antheia, a Narcan ingredient maker, attracting fa…

Tariffs Reshape Global Supply Chains

US tariffs on Chinese goods are forcing companies to shift global supply chains. Learning Resources, an educational toymaker, is moving production from China to Vietnam and India due to the high tariffs, incurring signif…

Porsche Unveils Limited 70th Anniversary 911

Porsche and the Porsche Club of America (PCA) unveiled the 2026 911 Carrera T Club Coupe to celebrate PCA's 70th anniversary. Only 70 will be produced, with one going to the Porsche Museum and another raffled off by PCA.…

Brex Revamps AI Procurement for Faster Innovation

Brex, a corporate credit card company, initially struggled with slow AI tool procurement. Their months-long pilot process proved ineffective, leading to a complete overhaul. Brex now uses a faster data processing agreeme…

Meta's Million-Dollar AI Talent Grab Sparks Outrage

Meta is reportedly offering massive salaries, up to \$300 million, to attract top AI researchers, sparking resentment among other tech workers. This intense competition for AI talent reflects the high stakes in the AI ra…

Best Apple 4th of July Sales: MacBook Pro, Mac Mini Deals

Apple product deals are still available this weekend, though prices may drop further with the upcoming Amazon Prime Day on July 8th. Current sales offer significant discounts on items like the MacBook Pro (saving $170), …

Loyalty Programs Fuel Restaurant Sales Amid Economic Slowdown

Facing economic headwinds and decreased consumer spending, fast-casual restaurant chains are increasingly relying on loyalty programs to boost sales and customer retention. Data shows loyalty program members visit restau…

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