US Trade Deficit Hits Record High as Imports Surge
The US trade deficit widened to an all-time high in January as businesses rushed to import goods ahead of newly imposed tariffs, raising concerns...
Seven & i Appoints First Foreign CEO Amid Takeover Battle
Seven & i Holdings, the Japanese operator of 7-Eleven, has appointed its first foreign CEO as it seeks to fend off a $47 billion...
U.S. Private Sector Job Growth Slows Sharply in February
Private sector job creation slowed significantly in February, raising concerns about an economic downturn, payroll processing firm ADP reported Wednesday.
Job Growth Falls Below Expectations
Companies...
Amazon Expands AI Efforts with New Nova “Reasoning” Model
Amazon (NASDAQ:AMZN) is making a significant push in the AI race with plans to launch a new "reasoning" model under its Nova brand by...
U.S. Economy Shows Signs of Contraction in Early 2025
Early economic data for the first quarter of 2025 is signaling potential negative growth, according to the Federal Reserve Bank of Atlanta’s GDPNow tracker....
European Markets Close Mixed Amid Trump Tariff Threats
European markets closed mixed on Friday, extending a remarkable 10-week winning streak despite uncertainty stemming from U.S. President Donald Trump’s renewed tariff threats. The...