President Donald Trump has announced the US will double its current tariff rate on steel imports from 25% to 50%. Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and the…
Jamie Dimon warns US bond market will ‘crack’ under pressure from rising debt Financial Times This is why Jamie Dimon is so gloomy on the economy CNBC Jamie Dimon Says Crack in the Bond Market Is ‘Going to Happen’ Bloomberg ‘You are going…
WASHINGTON — Rocket Lab’s $275 million acquisition of satellite payload provider Geost is just the latest move in a broader campaign to establish itself as a serious contender for U.S. military satellite contracts. “We’re not done,” Rocket Lab CEO Peter…
Traders work on the floor at the New York Stock Exchange on March 26, 2025. Brendan McDermid | Reuters Stock futures inched lower on Thursday night as investors continue to navigate a volatile global trade landscape. Futures tied to the…
Market Basket’s board says it has placed CEO Arthur T. Demoulas on leave, citing allegations that he was planning a work stoppage among employees at the family-controlled supermarket chain. One of the Massachusetts-based grocer’s stores is seen here in 2014,…
Donald Trump orders US chip software suppliers to stop selling to China Financial Times US suspends engine sales to Chinese planemaker COMAC, New York Times reports Reuters U.S. Pauses Exports of Airplane and Semiconductor Technology to China The New York Times Synopsys pulls…
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Costco on Thursday posted quarterly earnings and revenue that topped estimates as its sales climbed 8%. Here’s…
Salesforce on Wednesday reported better-than-expected quarterly results and provided guidance that, on its face, seemed strong. But the market response was muted, as investors discovered what was really driving the improved outlook. Revenue in its fiscal 2026 first quarter rose…
E.l.f announced Wednesday it will acquire Hailey Bieber’s Rhode for $1 billion, in a blockbuster deal that brings Gen-Z’s buzziest brand into the fold of the industry’s most disruptive conglomerate. Since it was founded in 2022, Rhode has quickly become…
Traders work on the floor of the New York Stock Exchange on May 28, 2025. NYSE Stock futures rose Wednesday night, buoyed by a strong earnings report from artificial intelligence heavyweight Nvidia and a key court decision that struck down…