Imogen FoulkesBern, Switzerland AFP via Getty Images So far President Karin Keller-Sutter has failed to reduce US tariffs on Swiss goods President Trump’s tariffs have caused shock worldwide, with governments scrambling to find a deal to placate him. Some have…
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SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed a bipartisan bill Thursday that aims to prevent the state’s home insurer of last resort from running out of money following a natural disaster. The FAIR Plan is an insurance pool…
NEW YORK (AP) — Wall Street took a pause on Thursday as U.S. stocks and even the price of gold pulled back from record highs following torrid runs. The S&P 500 slipped 0.3% from its latest all-time high for just…
NEW YORK (AP) — Federal regulators have opened yet another investigation into Tesla’s self-driving feature after dozens of incidents in which the cars ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles…
Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter,…
China on Thursday announced export controls on rare earth production technology as it looks to cement its dominance in the sector amid intensifying rivalry with the United States. “Exporters should strengthen their compliance awareness,” the Ministry of Commerce said in…
This year’s fall Prime Day is almost on the books. But you still have time to save on some of our favorite tech. Yes, it’s October and it’s a little early to start thinking about holiday shopping. But it would be remiss…
At nearly the same moment as Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multibillion-dollar deal with competitor AMD — shortly after his company agreed to invest up to $100 billion into the AI model maker — Sam Altman…
Share valuations based on past earnings have also reached their highest levels since the dotcom bubble 25 years ago, though the BoE noted they appear less extreme when based on investors’ expectations for future profits. “This, when combined with increasing…