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Source - economictimes.indiatimes.com
Markets Edge Higher as Trade Tensions Ease U.S. stock markets inched upward on Friday, buoyed by optimism surrounding improved U.S.-China trade relations, even as concerns over the broader economic impact of tariffs lingered. S&P 500 futures rose by 0.2%, building on four consecutive days of gains. The Dow Jones Industrial Average futures ga…
Source - msn.com
Fresh economic data from April, a month marked by heightened uncertainty over trade tariffs and their potential tariff impact on inflation, has cast doubt on earlier warnings of recession and surging inflation. Contrary to pessimistic business and consumer sentiment surveys, hard data suggests the U.S. economy is holding steady. Retail sales remain…
Source - cnbc.com
As the U.S. Senate prepares for another vote on the GENIUS Act, concerns surrounding former President Donald Trump’s involvement in cryptocurrency are adding new challenges to bipartisan efforts. The bill, officially known as the Guiding and Establishing National Innovation for US Stablecoins Act, seeks to establish a regulatory framework for stabl…
Source - reuters.com
Japanese automaker Nissan has announced a major downsizing plan as part of its Nissan global restructuring initiative, which includes cutting 11,000 additional jobs and closing seven factories worldwide, as the company grapples with falling sales and mounting financial losses. This latest round of layoffs raises the total number of job reductions a…
Source - cuatower.com
Social media startup Fizz has filed a lawsuit against Instacart and Partiful, accusing the two companies of trademark infringement following the recent launch of a new app named "Fizz." The complaint was lodged in the U.S. District Court for the Northern District of California on Wednesday and alleges that Instacart and Partiful have intentionally …
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