Economy
Credit Card Debt Nears Record as Consumers Rely on Revolving Credit
U.S. consumer credit expanded in June, driven by a significant rebound in revolving debt, pushing credit card balances close to an all-time...
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Stocks
Shopify Stock Jumps 28% on Strong Q2, Analysts See ‘Durable, Profitable Growth’
Shopify Inc. shares surged 28% this week following a 'clean Q2 beat,' with analysts like TD Cowen's Todd Coupland raising price targets...
World Business
China’s Exports Dip in July, Advanced Products Drive Underlying Strength
China's exports experienced a slight deceleration in July, yet strong global demand for high-tech electronics and vehicles provided a significant offset, pushing...
Stocks
CarParts.com, CarGurus Build Moats with Proprietary Data
CarParts.com and CarGurus are leveraging proprietary data and AI to create competitive advantages, as revealed in their recent earnings reports. This strategy...
Economy
Canada Races August 19 Deadline as Trump Threatens 50% Tariffs
Canadian officials are in urgent talks to avert 50% U.S. tariffs on $20 billion in goods by Aug. 19, warning of severe...
Markets
Trump Renews Push to Oust Fed Governor Cook
President Trump has reignited efforts to remove Federal Reserve Governor Lisa Cook over unproven mortgage fraud allegations, just weeks after the Supreme...
Economy
U.S. Employers Cut 23,000 Jobs, Signaling Wilting Labor Market
U.S. employers unexpectedly cut 23,000 jobs in July, with previous months' gains revised sharply lower, indicating a significant softening of the labor...
Economy
July Jobs Report Due Friday: Forecasters Eye Modest Hiring Pickup
The Labor Department will release the July jobs report Friday, with forecasters expecting a 'modest pickup' in hiring after June's 'lackluster' performance.
Economy
Carney Labels US Trade Talks ‘Nasty’ After Trump’s Canada Criticism
Canadian Prime Minister Mark Carney described trade negotiations with the U.S. as 'nasty' following President Trump's sharp criticism of Canada's leadership and...