Here’s the latest:
Thailand’s finance minister says the 19% tariff rate imposed by the US “reflects the strong friendship and close partnership” between the two countries.
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Thailand’s new rate of 19% was reduced from 36%,
» Read more about: US trade partners around the world react to Trump’s new tariffs »
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AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
A Goldman Sachs top executive believes the value of the US dollar has further to fall while predicting stocks may reach new all-time highs.
In a new analysis, Ashok Varadhan, Goldman’s co-head of global banking and markets, says that gold and Bitcoin (BTC) may be an effective hedge against currency devaluation amid a ballooning national budget deficit.
Choice AMC receives final approval from SEBI to launch mutual fund operations in India, starting with passive investment products like index funds and ETFs.
» Read more about: Choice AMC gets Sebi nod for Mutual Fund Operations »
The latest jobs report showed hiring growth dropped dramatically last month and unemployment ticked up.
Nonfarm payrolls added 73,000 in July, far lower than the 100,000 expected by analysts.
The unemployment rate also ticked up to 4.2 percent.
The report also sharply revised down the figures for May and June by a combined 258,000 jobs from the previously released figures.
» Read more about: Grim jobs report shows just how much tariffs are hammering US economy »
Generative AI is not just another tech hype cycle that is bound to die down but is instead a game-changer for human productivity, according to the Federal Reserve. The big caveat, though, is the road to get there will be “inherently slow” and “fraught with risk.”
Crude prices steadied Friday after dropping over 1% the day before, as investors evaluated the economic fallout of a newly signed executive order by President Donald Trump. The order imposes 10% to 41% tariffs on imports from countries like India,
» Read more about: Oil News: Tariff Tensions Pressure Crude Oil, but Bullish Outlook Holds »
Energy Transfer (NYSE: ET) is an income powerhouse. The master limited partnership (MLP) offers a yield of over 7%,
» Read more about: This Steady Energy Stock Offers a Massive Dividend Yield »
Elon Musk recently responded to an online conversation about Tesla’s major shareholders, stating that he does not have any loans against his Tesla shares. In the post, he also highlighted concerns about losing control of the company in the future.
Alphabet is the parent company of Google, and it just delivered a stellar set of operating results for the second quarter of 2025.
