Browsing: Business

Moody’s warns the U.S. housing market faces worsening risks as mortgage rates stall growth and rising inventory fails to draw buyers.

America leverages natural gas to meet AI’s growing power demands, with $70 billion in investments focused on data centers and energy infrastructure in Pennsylvania.

Starbucks will require more office attendance and relocation for leaders as it seeks to speed up decision-making and improve corporate performance.

Nvidia CEO Jensen Huang explains how consulting multiple AI tools sharpens decision-making, enhances learning, and transforms work for the future.

The European Union has postponed its retaliatory tariffs on US exports until early August to allow more time for talks amid rising transatlantic trade tensions.

US stock futures dropped as Trump’s new 30% tariffs on EU and Mexico heightened concerns over trade tensions, inflation, and potential corporate profit pressure.

Brazil’s beef exports to the US could stop after August 1, driving demand for Australian beef as Trump imposes heavy tariffs over political grievances.

Policymakers at the June Fed meeting agree cuts are likely, yet remain split over how inflation from tariffs and softening data will shape future action.

U.S. copper prices have surged to record levels, widening a historic gap between domestic and international markets, after President Donald Trump announced plans to impose a 50% tariff on copper imports. The move, intended to encourage domestic production, has triggered immediate concern over its potential economic fallout. On Tuesday, U.S. copper prices climbed more than 13%, marking their sharpest single-day gain since 1989 and closing at $5.69 per pound. Meanwhile, prices on the London Metal Exchange (LME) edged up just 0.3%, highlighting the stark divergence. The premium of U.S. copper futures over global benchmarks soared 138% in a day, reaching…

The European Union remains in limbo as the anticipated trade agreement with the United States failed to materialize by the expected July 9 deadline. Talks had been moving forward in hopes of avoiding renewed U.S. tariffs, but with no finalized deal in place, both sides remain at a standstill. President Donald Trump had initially signaled that a trade framework might be reached by this week. Speaking during a Cabinet meeting on Tuesday, he said the U.S. was “probably two days off from sending them a letter,” implying that progress had been made. He added that letters had already been sent…