Economy
Trump Imposes 15% Polysilicon Tariff to Counter China’s Chip Dominance
President Trump has ordered a 15% tariff on polysilicon imports and set minimum prices, aiming to protect US manufacturers and counter China's...
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Markets
Gold Dips as Red Sea Attacks Fuel Crude Prices, Rekindling Inflation Fears
Gold prices edged lower on Thursday, offsetting recent gains, as Houthi attacks on Saudi tankers in the Red Sea pushed crude oil...
Markets
Remitly Global Shares Climb 7.7% on Strong Q2 Earnings Beat
Remitly Global stock surged nearly 8% today after the remittance specialist reported second-quarter results that significantly surpassed top-line estimates and demonstrated robust...
Stocks
Soybeans Rally on Thursday’s Close, Chinese Rumors Spark Gains
Soybeans firmed late Thursday, closing higher on rumors of robust Chinese demand and reported private sales. Front-month contracts posted gains up to...
Stocks
RealReal’s AI Overhaul Fuels 22% GMV Growth, Boosts Profitability
The RealReal's year-long AI integration, including its Athena intake system and advanced pricing algorithms, has driven a 22% year-over-year GMV increase and...
Stocks
Trade Desk Projects Q3 Revenue Over $650M, Unveils Zuma Upgrade
The Trade Desk anticipates Q3 revenue of at least $650 million, coinciding with the launch of its Zuma usability upgrade. This outlook...
Markets
Oklo, EQT Valuations Reflect More Hype Than Fundamentals
Despite strong businesses, energy stocks Oklo and EQT exhibit valuations driven by optimistic future expectations rather than current financial realities, according to...
Markets
EU, China Ministers Meet on Trade Imbalance
EU Trade Commissioner Maros Sefcovic meets his Chinese counterpart in Brussels to address a widening trade imbalance, as Europe prepares countermeasures against...
Economy
Jobless Claims Edge Up to 199K as Layoffs Stay Low Amid Inflation Fight
US jobless benefits filings saw a slight increase last week, reaching 199,000, though overall layoffs remain historically low. The labor market shows...
Stocks
Celestica Prices Equity Offering at $310 Per Share, Targets $3 Billion Gross Proceeds
Celestica Inc., a leader in data center infrastructure, announced the pricing of its equity offering of 9,677,419 common shares at $310 each,...
Stocks
Genco Shipping Boosts Quarterly Dividend by 128.6% to $0.80
Genco Shipping (GNK) has announced a 128.6% increase in its quarterly dividend, raising the payout to $0.80 per share, up from $0.35....
Economy
£5 Coffee Reveals Global Economic Shocks
The rising cost of coffee to £5 in the UK reflects climate change, trade wars, shipping chaos, and farmer speculation, impacting global...