Month: August 2025
Uber Freight CEO joins self-driving truck company Waabi, says era of autonomous big rigs on U.S. roads is here
Raquel Urtasun (L), Waabi founder and CEO, and Lior Ron (R), who has joined Waabi as chief operating officer after growing Uber Freight to a $5 billion revenue company. Waabi Lior Ron, founder and CEO of Uber Freight, is joining self-driving truck startup Waabi as chief operating officer. The move, Ron says, is based on […]
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Here’s the inflation breakdown for July 2025 — in one chart
Key Points The consumer price index rose 2.7% in July on an annual basis, according to the Bureau of Labor Statistics. “Core” goods prices are at their highest annual inflation rate in about two years, evidence that Trump administration tariff policy is feeding through to higher prices, economists said. Source
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Trump threatens Fed chair Powell with ‘major lawsuit’ over HQ renovation cost
U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to […]
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$4,000 gold? Trump’s tariffs exemption has market watchers predicting another rally for the metal
Market watchers are predicting another rally for gold after U.S. President Donald Trump confirmed the metal would be exempt from new tariffs — even as some uncertainty lingers. Last week, U.S. gold futures touched on an all-time high following reports that some gold bars could be hit with Trump’s so-called reciprocal tariffs. There had been […]
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LinkedIn launches Mini Sudoku, pushing deeper into casual games that keep users coming back
Nikoli’s president, Yoshinao Anpuku, poses for a photo at Nikoli headquarters in Tokyo on March 19, 2025. LinkedIn worked with Nikoli and Sudoku champion Thomas Snyder to launch its Mini Sudoku game. Nikoli LinkedIn on Tuesday released a new game for the professional social networking app’s 1.2 billion users. It’s a miniature version of Sudoku, […]
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Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
Lisa Lungaro shops at the butcher’s counter in a grocery store on July 22, 2025 in Miami, Florida. Joe Raedle | Getty Images A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald Trump’s tariffs showed mostly modest impacts. The consumer price index increased a […]
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Trump’s tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law during an Independence Day military family picnic on the South Lawn of the White House on July 04, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images President Donald Trump’s tax and spending law […]
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Stocks making the biggest moves premarket: Hanesbrands, On Holding, Circle, BigBear.ai and more
Check out the companies making headlines before the bell: Hanesbrands , Gildan Activewear — The T-shirt maker surged more than 42% after the Financial Times reported , citing people familiar with the matter, that Hanesbrands was nearing a deal to be acquired by Gildan for nearly $5 billion. Gildan shares slid more than 5%. Sinclair […]
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Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. Joel Angel Juarez | Reuters Tesla is recruiting test drivers in New York to operate cars with “automated driving systems,” but the company hasn’t applied for the permits it would need to test autonomous vehicles in the […]
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Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
A banner for Circle Internet Group, the issuer of one of the world’s biggest stablecoins, hangs on the front of the New York Stock Exchange (NYSE) to celebrate the company’s IPO in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Circle Internet Group shares jumped Tuesday after reporting its first quarterly earnings […]
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