May PPI: US Producer Prices Show Modest Gain, Below Forecast Newly released data indicates that U.S. producer prices increased modestly in May, rising less than […]
Category: Business
7 Litigators Exit Willkie for Cooley Post-Trump Deal
Prominent Litigation Group Departs Willkie Farr & Gallagher for Cooley A significant group of seven litigation partners has reportedly left Willkie Farr & Gallagher to […]
Markets Roil: Oil Surges, Stocks Plunge Amid Mideast Clashes
Global financial markets experienced significant volatility Friday following escalating military actions between Israel and Iran. Oil prices surged dramatically, while stock markets across the U.S., […]
The Tariff Puzzle: Why US Inflation Hasn’t Spiked (Yet)
Despite persistent warnings that imposing taxes on imported goods would inevitably lead to soaring consumer prices, recent economic data presents a surprising picture: U.S. inflation […]
US Consumer Sentiment Jumps on Tame Inflation, Trade Truce
Americans Feeling More Optimistic: Consumer Sentiment Sees First Rise in Six Months In a positive sign for the U.S. economy, consumer sentiment recorded its first […]
Accel Set for $2.5B Windfall on Scale AI After Meta Deal
Venture capital firm Accel is poised for a massive financial return, expected to exceed $2.5 billion, following Meta Platforms Inc.’s significant investment in artificial intelligence […]
Air India 787 Crash: New Crisis for Boeing?
Last month, Boeing celebrated carrying its billionth passenger on the 787 Dreamliner – an impressive feat given it only launched 14 years ago. Until today’s tragic Air India crash in Ahmedabad, the model was a mainstay of intercontinental travel and had an exemplary safety record.
Israel-Iran Tensions: What It Means for Global Energy Prices
Israel’s strikes on Iran, and Iran’s response, caused a shudder on global financial markets on Friday.
China Offers Zero Tariffs on African Imports Amidst US Tensions
China has said it is ready to drop the tariffs it charges on imports from all 53 African countries with which it has diplomatic relations.
Art Toy Breaks Records: Human-Sized Labubu Doll Fetches $150K+
A human-sized Labubu doll was sold this week for a record 1.08m yuan ($150,324; £110,465), according to a Chinese auction house.