Cooler Inflation Boosts Hopes for Fed Rate Cuts by Fall
The Federal Reserve now has increased chances to reduce interest rates by September because U.S. inflation data for May turned...
Paramount Slashes 3.5% of US Workforce in Latest Cuts
Paramount Global will lay off 3.5% of its U.S. staff, expanding its workforce reductions as the company contends with shrinking...
Smucker Profit Outlook Falls Short Amid Tariff, Cost Pressures
J.M. Smucker issued a warning on Tuesday about its annual profit performance which would fall short of Wall Street expectations...
Drug Giants Offer No Commitments in Pricing Talks with US
Pfizer CEO Albert Bourla confirmed that his company together with other drugmakers has met with the Trump administration about lowering...
BlackRock Pushes Back on Antitrust Case by Republican States
BlackRock together with Vanguard and State Street filed a motion at the federal court to dismiss the antitrust lawsuit which...
Trump and Musk’s Public Feud Reaches New Heights
The former close bond between President Donald Trump and Elon Musk has ended in a spectacular fashion through their public...
US Hiring Slows but Labor Market Stays Solid
The United States economy added 139,000 jobs during May while facing the effects of ongoing trade wars between President Trump...
Nintendo Switch 2 Launch Sparks Long Queues in Tokyo
Tokyo residents waited in long lines to purchase the Nintendo Switch 2 console because they wanted to experience Nintendo's upcoming...
JPMorgan Eyes Asia’s Growing Private Credit Market
JPMorgan Chase plans to expand its operations in Asia Pacific's rapidly expanding private credit market according to Serene Chen who...
Wells Fargo Cleared to Grow as Fed Lifts Asset Cap
The Federal Reserve removed its $1.95 trillion asset limit which allows Wells Fargo to conduct business expansion without restrictions for...
© 2025 Newsweek World.
All rights reserved.
