Month : July 2025

Wall Street enters a critical earnings season this week under growing pressure, with America’s largest banks set to report results against an increasingly challenging backdrop. After months of record highs in both the U.S. and Europe, signs are emerging that market momentum is faltering. The headwinds facing American banks are numerous. Rising trade tensions,......

Apple has announced a $500 million commitment to US-based MP Materials to secure a long-term supply of American-made rare earth magnets, reinforcing its push to strengthen domestic supply chains and reduce reliance on foreign sources. This agreement marks a significant step in Apple’s broader strategy to expand its footprint in US......

Imports at the Port of Los Angeles surged in June as American retailers scrambled to bring in goods ahead of potential new tariffs, highlighting the ongoing uncertainty surrounding U.S. trade policy. The port handled 470,450 twenty-foot equivalent units (TEUs) of incoming cargo last month, marking a nearly 10% year-on-year increase......

Meta Platforms has announced plans to invest hundreds of billions of dollars in computing infrastructure as part of its long-term ambition to develop artificial superintelligence. The move was confirmed by Chief Executive Mark Zuckerberg, who outlined the company’s strategy in a post on the social media platform Threads on Monday. Zuckerberg......

Starbucks is intensifying its push to bring remote workers back to the office, announcing that some corporate employees will be required to relocate to its headquarters in either Seattle or Toronto. The decision, outlined in a letter from Chairman and CEO Brian Niccol on Monday, marks a significant step in......

The United States is positioning itself to lead the next wave of the industrial revolution, with artificial intelligence (AI) at its core, through a renewed focus on leveraging domestic energy resources. This week, President Donald Trump is convening top technology and energy executives in Pittsburgh to promote the use of......