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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Fed Proposes Major Rollback of Bank Capital Rules

New eSLR change aims to boost Treasury market but raises stability concerns U.S. regulators on Wednesday proposed one of the most significant easing measures to...

Stocks Rally as Iran’s Response Calms Oil Market

Dow jumps nearly 375 points while oil tumbles 7% U.S. stocks climbed Monday as investors welcomed Iran’s restrained response to American airstrikes over the weekend....

Markets Slip Amid Geopolitical Tensions and Fed Uncertainty

S&P 500 logs third straight loss as rate cut timeline and Middle East risks weigh on sentiment The S&P 500 slipped 0.22% on Friday to...

Accenture Drops 7% Despite Revenue Beat and Raised Outlook

Investors focus on falling bookings and growth concerns Shares of Accenture (NYSE: ACN) slid 6.8% to close at $285.49 on Thursday after the company reported...

Fed Holds Rates Steady as Markets Watch Iran Tensions

Stocks mixed as investors weigh Fed outlook and geopolitics U.S. markets ended mixed on Wednesday as the Federal Reserve held interest rates steady and investors...

Retail Sales Fall 0.9% in May as Tariff Fears Mount

Consumer spending drops despite improved sentiment Consumer spending declined sharply in May, according to new Commerce Department data released Tuesday. Retail sales fell 0.9% month-over-month,...