Fed's Powell hints at interest rate cuts, but adds more evidence neededFederal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal.
IKEA Shakes Up Fifth Avenue: Next to Chanel and Tiffany, A New Neighbor ArrivesAn IKEA store is set to open a store on Manhattan's Fifth Avenue in New York, known for its high-end luxury stores.
U.S. Election Jitters? Standard Chartered Diversifies to Ride the WaveStandard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
Ford: We’ll Launch A $30,000 Electric Vehicle in 2027Ford CEO Jim Farley is attracting attention by revealing that he plans to launch a low-cost electric vehicle (EV) priced at $30,000 in 2027.
France Takes Aim at Nvidia: Big Tech Battle Heats UpFrance is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
China Plans to End Discrimination Against Foreign CompaniesChina's economic heavyweight, the Vice-premier has instructed to rectify discrimination against foreign companies.
Biden vs. Trump: Epic Showdown or Historic Disaster?President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
Buffet's Will Update: $130 Billion for Children's Trust, Sons and Daughter DecideWarren Buffet announced that he would leave almost all of his wealth to a public-interest trust managed by his three children after his death.
U.S. Army Strikes $4.5 Billion Deal with Lockheed Martin for Advanced Missile DefenseThe U.S. Army has signed a multi-year contract worth $4.5 billion for Lockheed Martin's air defense Patriot missile system.
NASA's SpaceX $843M Deal: Say Goodbye to the International Space StationOn the 28th, BBC reported that NASA selected SpaceX to dismantle the ISS. The contract is worth approximately $843 million.
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Montana Faces Economic Blow with Potential Mine ClosureThe Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
Amazon to Roll Out Cheap Goods to Trump Temu and SheinWith fierce competition from Chinese e-commerce platforms, Amazon is launching a dedicated section exclusively for ultra-low-priced products.
Sneak Peek: Apple's Next Big Thing – The Apple Watch 10th Generation!This new Apple Watch is a special edition for its tenth anniversary and is rumored to be called "Apple Watch X."
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles BeginsVolkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Israel Pours $250 Million into National AI Program, Eyes Global LeadershipThe chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
NVIDIA Execs Cash Out, Stock Drops 6% in One DayAmid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
Apple Slashes Workforce by 50%: Automation Takes Over iPhone AssemblyApple proposed its supply chain and production automation initiatives, which were postponed due to high initial costs.
The AI Bubble: Bursting Soon? Nvidia and Others Lose GroundNVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
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