Donald Trump walks back on rift with Elon Musk: ‘I want him to thrive’
US President Donald Trump pushed back on speculation that his administration plans to pull federal subsidies from Elon Musk’s companies,…
Trump visits Fed amid escalating tensions over rates, renovation costs
President Donald Trump made a rare visit to the Federal Reserve’s headquarters on Thursday, intensifying pressure on the central bank…
Oil rises on trade talk optimism, but prices to remain capped on plentiful supply
Oil prices gained on Friday as trade talk optimism offset expectations of more supply from Venezuela. However, prices are likely…
Why is the meme stock frenzy making a comeback in 2025?
It’s happening again. Meme stock mania is back in full steam. Once again, companies that most institutional analysts have stopped…
Puma shares tank 20% as sales slow and Trump tariff risks mount
Shares of German sportswear giant Puma plummeted nearly 20% on Friday after the company issued a stark profit warning, stating…
Gold’s Q2 momentum wanes as investment demand slows; silver, platinum seen rising
Gold seems to have lost its momentum during the second quarter of 2025 as investors remained cautious about the yellow…
Centene stock plunges after surprise loss and soaring medical costs
Shares of Centene Corp. dropped sharply on Friday morning after the health insurer reported a surprise quarterly loss, driven by…
Volkswagen cuts earnings forecast due to tariff pressures
Volkswagen AG has revised its full-year financial guidance downward after enduring a challenging first half of 2025, with US tariffs…
Trump puts odds of US-EU tariff deal at 50-50 amid rising trade tensions
President Donald Trump on Friday said there is a “50-50 chance” the United States will reach a trade agreement with…
Brazil Central Bank set to hold rates at 15% as inflation expectations edge lower
Brazil’s central bank is likely to keep its base Selic interest rate on hold at 15.% on July 30, keeping…