Olivia Harper

The agreement may offer political wins and stock market reassurance, but it does so at the expense of thousands of businesses that had no seat at the table—and now face a steeper climb to survive.

Single-family housing starts fell by 4.6% to a seasonally adjusted annual rate of 883,000 units, the weakest level since July 2024, while building permits for future home construction dropped 3.7% to 866,000 units — the lowest since March 2023.

The Federal Reserve's latest Beige Book shows modest growth but rising concerns over tariffs and immigrant labor shortages, clouding the economic outlook.

United Airlines cut its third-quarter profit forecast after severe disruptions at Newark Liberty Airport. Equipment failures, air traffic delays, and staffing shortages continue to pressure operations.

The U.S. must ensure that stablecoin issuers are transparent, accountable, and properly integrated into the broader financial system. That includes rigorous audits, robust liquidity protections, and seamless integration with banking regulation.

As construction begins and the first permits are filed, it remains to be seen whether this AI-energy fusion can deliver on its promise. But one thing is certain: the race for AI supremacy is no longer confined to algorithms.

By holding rates steady, the Fed is effectively acknowledging that inflation pressures are real but not yet indicative of an overheating economy warranting drastic action.

The rally in Nvidia came after reports that the U.S. government approved new export licenses for the company's H100 AI chips, easing some restrictions tied to advanced chip sales to China.

With Congress debating legislation that could shape digital assets for the next decade, and investors from Tokyo to Wall Street racing to secure positions, Bitcoin is no longer a fringe asset—it's a core geopolitical and financial force.

Global realignments are not just boardroom concerns—they're already impacting markets and consumers. Investors are seeing increased volatility in sectors sensitive to trade policy, such as energy, healthcare and tech.

The current federal funds rate sits at 5.25–5.50%, held steady by the Fed to combat inflation and avoid overheating the economy.

The Consumer Price Index showed a modest slowdown in price increases, signaling that inflationary pressures on groceries, energy and everyday goods might be easing.

Investors and analysts are closely watching whether American companies can continue to absorb these rising input costs or if profit margins will face significant erosion that could ripple through the broader economy.

Historically dismissed as speculative assets, cryptocurrencies are now gaining traction as alternative hedges against trade wars and currency risks.

Optimists argue tariffs are politically motivated bargaining tools—not lasting economic barriers. A boost in AI and tech enthusiasm further bolsters sentiment.

Secretary of State Marco Rubio sat down today with Chinese Foreign Minister Wang Yi in Kuala Lumpur for high-level talks, in the shadow of Trump's sweeping new tariffs.

The surprise announcement, made via formal letters to Canadian officials late Thursday, significantly raises existing duties—many of which stood at 25%—and casts a shadow over one of the United States' closest economic partnerships.

The Trump administration is now free to proceed with planning "reductions in force" at departments like Veterans Affairs, Health and Human Services, Agriculture, and the State Department.

The looming tariff threat continues to inject volatility in sectors such as manufacturing and technology but emphasized that overall market indices remain steady as investors factor in the potential for exemptions or softer measures.

Market analysts say the surge reflects concerns about supply disruptions and global reshuffling of industrial metals sourcing.

Many investors appear desensitized to President Trump's repeated tariff threats, especially with the administration's Aug. 1 deadline still shrouded in ambiguity.

Victims included a 15-year-old girl, two 17-year-old boys, and several adults. Three men — ages 19, 23 and 24 — were killed. A 19-year-old man who was shot twice in the head remains in critical condition.

The tariff strategy—announced by former President Donald Trump—is expected to impose levies ranging from 10% to 70% on goods from countries without existing bilateral trade deals.

A sharp drop in private-sector hiring sends a warning shot about the labor market. Tariffs and big policy shifts may be catching up.

Hunter Dean, Senior Vice President of R&D and Production Operations at ASEA, shares the rationale behind the product and what it means for people seeking a natural, sustainable approach to recovery.

At the heart of the measure are permanent extensions to the 2017 tax cuts, a lower corporate tax rate of 17%, and fresh incentives for companies investing in U.S.-based manufacturing, artificial intelligence and advanced technology infrastructure.

The legislation would cut taxes sharply for businesses while also offering new credits to companies that manufacture in the U.S. It would restructure income tax brackets, delivering the biggest gains to top earners.

The final vote on the so-called "megabill" could come as early as Monday evening, provided Senate rules and timelines are met.

Governments are unleashing the "revenge tax" against multinational corporations to recover billions lost to tax avoidance. Discover how this global crackdown reshapes business and taxpayers alike.