Finance

Tariff Refund Portal Opens for U.S. Importers

Online system launches after Supreme Court ruling A national tariff refund system went live at 8 a.m. Monday, allowing eligible businesses to seek reimbursement for tariffs deemed illegal by the...

Study Links Teen Cannabis Use to Slower Cognitive Growth

Large U.S. brain study tracks 11,000 adolescents Researchers at the University of California San Diego School of Medicine report...

Tornado Hits Rivian Plant Ahead of R2 Launch

EF-1 storm damages Normal, Illinois facility Rivian confirmed that its manufacturing complex in Normal, Illinois was struck by an...

Ukraine’s Robots Are Rewriting Warfare

Surrender to machines, not soldiers The image is timeless: enemy troops raising their hands in surrender. But on a...

Red Hair Gene Shows 10,000 Years of Selection

Evolution still shaping modern humans A sweeping genetics study suggests that human evolution has not slowed in recent millennia....
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Walmart Expands Employee Discounts

Broader Savings on Groceries Walmart announced it will now offer U.S. employees a 10% discount on nearly all grocery items, including milk, meat, and frozen...

Credit Card Debt Climbs to $1.21 Trillion in Q2

Balances Rise Amid Persistent Delinquencies U.S. credit card balances increased by $27 billion in the second quarter of 2025, reaching $1.21 trillion, according to the...

Canada’s Labour Market Weakens as 40,800 Jobs Lost

Job Losses Concentrated Among Youth Canada’s labour market shed a net 40,800 jobs in July, with the unemployment rate holding steady at 6.9%, according to...

Bank of England Cuts Rates Despite High Inflation

Split Decision Reflects Uncertainty on Inflation Trends The Bank of England has reduced interest rates once again, even as inflation remains well above its 2%...

Super Micro Shares Slide 20% After Missed Forecasts

Tariffs and Capital Constraints Hit Quarterly Results Super Micro Computer shares fell sharply on Wednesday, dropping 20% after the company missed analyst expectations for its...

P&G to Raise Prices Amid Tariff-Driven Cost Surge

Tariffs Force Strategic Price Increases to Protect Margins Procter & Gamble plans to increase product prices to offset a projected $1 billion hit to profits...