Ben Chu, Daniel Wainwright & Phil Leake BBC Verify Getty Images Donald Trump has delivered a profound shock to the global trading system since returning to the White House. The US president announced on 2 April, so-called Liberation Day, a…
Ford reported an $800 million impact from the Trump administration’s tariffs in the second quarter, per its earnings deck released on Wednesday. But the biggest news from the report is that it will reveal more about its future electric vehicle…
Meta posted nice numbers for the June quarter with revenue surging 22% to $47.5 billion and net income up 36% to $18.3 billion. Earnings per share of $7.14 was also beat Wall Street’s expectations, as did daily active users rose…
Updated 2025-07-30T22:06:12Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers.…
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the…
Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s…
The Food and Drug Administration on Tuesday recommended classifying 7-OH, a compound with opioid-like effects found in unregulated tablets, gummies and drink mixes sold in gas stations and convenience stores, as an illicit substance. Such a move by the Justice…
OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail mergers across the country. The proposed merger,…
By Savyata Mishra (Reuters) -Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market.…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 17, 2025. Brendan McDermid | Reuters The S&P 500 closed lower on Tuesday as progress on trade talks with Beijing stalled and…