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India pushes ahead with US trade talks despite tariff hike to 50%
NEW DELHI/MUMBAI (Reuters) -India hopes trade talks with the U.S. will continue even as the U.S. hiked tariffs on its exports to 50% due to New Delhi's purchase of sanctioned Russian oil, two
Nvidia, AMD to Pay US 15% of China AI Chip Sales in Trump Deal
Nvidia Corp. and Advanced Micro Devices Inc. have agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in an unusual deal to secure export licenses that threatens to
Jack in the Box’s stock is in freefall – here’s why it matters for Dallas-Fort Worth
Jack in the Box is scaling down its storefronts ― and maybe streamlining its menu ― after it reported the worst same-store sales decline in 15 years. The stock tumbled by over 3% in intraday Monday
Amazon CEO Andy Jassy is right: Big businesses need fewer people
For more than a century, armies of office workers were a necessary cost of doing business in corporate America. Not anymore.
The ‘Fed put’ is back: If Tuesday’s inflation report is bad expect chaos in the markets
Investors think the Fed will almost definitely cut interest rates in September, and they are hoping that the consumer price inflation report—due tomorrow—won’t show a significant rise in inflation.
Now Trump is tariffing American companies, too
Donald Trump is letting Nvidia and AMD sell some chips to China — but only if they pay a 15% tax. That's the opposite of Trump's tariff push.
Norway's sovereign wealth fund sells its shares in 11 Israeli companies
Norway's sovereign wealth fund has sold its shares in 11 Israeli companies, its managers said Monday, a move they said reduces its holdings in the country against the backdrop of the “serious
Wall Street's rebound is real — but hiring isn't following
Hiring on Wall Street hasn't returned and some banks are engaging in quiet layoffs even as the deals market stabilizes from this spring's doldrums.
Analysis-Inflation data to draw scrutiny after BLS firing, $2.1-trillion TIPS market at risk
By Anirban Sen and Carolina Mandl NEW YORK (Reuters) -Monthly U.S. inflation data is under increased scrutiny after President Donald Trump removed the head of the U.S. Bureau of Labor Statistics, a
US stocks steady at open, still near record highs, ahead of inflation data reveal
US stocks open little changed, but near record highs. July inflation this week is seen edging up to 2.8%. Bitcoin nears its record high, too.
Gold price tumbles most in 3 months on reports U.S. to clarify tariff plan on bullion
The price of gold fell by the most in three months as investors bet that a tariff on bullion entering the U.S. was less likely, and haven demand for the metal waned on hopes for a Ukraine-Russia
Bad news for US shoppers: The cost of everything from laptops to cars is likely to keep rising
US consumers are facing rising costs due to new import tariffs. Importers and foreign exporters have absorbed most costs so far, with American firms bearing the brunt. But consumers may absorb 67% of
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