Treasury Secretary Scott Bessent on Thursday expressed confidence that the U.S. and China are on the way to a trade pact as a key tariff deadline nears.
Raw copper materials will not face the high duty that had been expected, but consumer goods prices may still be impacted.
The United States is threatening to slap 25% tariffs just a week after it secured a landmark free trade agreement with the United Kingdom.
Economists polled by Reuters had expected inflation to ease to 1.9%.
In a memo to employees, Moderna CEO Stephane Bancel said the company expects to have fewer than 5,000 workers by the end of the year.
Comcast beat analyst estimates for its second-quarter earnings, yet reported another quarter of broadband customer losses.
Britain's competition regulator called for a probe into Microsoft and Amazon's cloud market dominance under the country's strict new tech rules.
The Budweiser maker said volumes declined 1.9% year-on-year over the three month period, well ahead of the 0.3% dip forecast by analysts.
"We're a long, long way from a machine being able to replace me as a plumber," future of work expert Ravin Jesuthasan told CNBC Make It.
OpenAI said it is launching a Stargate AI data center in Norway which will be designed and built by Nscale and Aker.
Not only did Trump impose a 25% tariff on India, he also announced a "penalty" on top of the duty because the South Asian country buys Russian oil.
Nvidia met with Beijing officials on Thursday regarding potential national security risks posed by the resumption of its H20 chip exports to the country.
Shell’s second-quarter results come after the energy major announced plans to prioritize shareholder returns and ramp up the cost of savings.
The Library of Trinity College Dublin is named the most beautiful library in the world by 200,000 voters in the 1000 Libraries Awards 2025.
Thursday marked the South Korean shipbuilder's second consecutive session in the green.
The U.S. has managed to make only eight deals in 120 days, including one with the 27-member European Union.
China's official manufacturing Purchasing Managers' Index for July was 49.3, missing expectations for 49.7 according to a Reuters poll.
Not only did Trump impose a 25% tariff on India, he also announced a "penalty" on top of the duty because the South Asian country buys Russian oil.
Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.
Meta CEO Mark Zuckerberg plans to continue his company's artificial intelligence spending blitz well into the next year as rival tech giants do the same.
This deal would mean the duties will be lowered from the 25% that Trump had threatened in his "tariff letter" to Seoul earlier this month.
Based on its post-market trading, Microsoft has become the world's second $4 trillion company following quarterly earnings.
For the first time, Microsoft disclosed a dollar figure for its Azure cloud business.
Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guidance.
The company reported revenue that missed analysts' expectations.
Shares of the social media company jumped as much as 10% after the company reported second-quarter earnings on Wednesday that beat on revenue.
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
President Donald Trump signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries.
The Trump administration says that the tariffs on metals imports are aimed at boosting domestic industries and addressing "trade imbalances."
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.