Economics

Seaway Crude Pipeline Restarts After Houston Terminal Leak

Enterprise Products Partners announced that the Seaway crude oil pipeline system has returned to full operation following a leak which...

US Consumer Sentiment Falls in August as Inflation Fears Grow

The U.S. consumer confidence decreased during August because households anticipated rising prices from tariff increases on imported goods. The University...

GE Appliances to Spend $3 Billion on U.S. Expansion

GE Appliances which operates under Haier China ownership plans to spend more than $3 billion throughout five years to increase...

Brazil Rolls Out Aid for Exporters Hit by U.S. Tariffs

Brazil has introduced a much-awaited support package for exporters who have been negatively affected by the steep U.S. tariffs imposed...

UK Regulator Clears Boeing’s Spirit AeroSystems Takeover

The British competition authority has approved Boeing’s $4.7 billion all-stock acquisition of Spirit AeroSystems, ruling that the deal does not...

Trump Call for Intel CEO Exit Adds to Turnaround Strain

Intel faces new challenges in its turnaround strategy under CEO Lip-Bu Tan because President Donald Trump demanded his resignation because...

WK Kellogg Misses Estimates as Cereal Demand Softens

The second-quarter earnings posted by WK Kellogg fell short of market expectations because consumers reduced their packaged cereal purchases due...

Trump Moves to Add Alternatives to 401(k) Retirement Plans

The White House reports that President Donald Trump plans to sign an executive order which will expand 401(k) retirement plans...

Novavax Ups Forecast on Vaccine Partnership Revenues

The company Novavax increased its 2025 adjusted revenue projection to $1 billion–$1.05 billion from $975 million–$1.03 billion because of better-than-expected...