World
Trump ends de minimis exemption for global low-cost goods
A U.S. postal worker delivers Amazon boxes outside of the New York Stock Exchange on Oct. 11, 2018. Spencer Platt | Getty Images President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries. The order, which takes effect Aug. 29, will subject any […]
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JPMorgan to enable crypto purchases via credit cards in Coinbase tie-up
Exterior view of JPMorgan Chase & Co. branch on January 14, 2025 in New York City, New York. Kena Betancur | View Press | Corbis News | Getty Images U.S. banking giant JPMorgan partnered with Coinbase on Wednesday to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange starting in […]
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These stocks have dividends that beat the market — and the companies aren’t stretching to pay out, says Bank of America
Income-focused investors can find attractive dividends in the market right now, but should dig beneath the surface before buying, according to Bank of America. High dividend yields can sometimes mask issues inside companies. Those payout can also be in danger of being cut if corporations run into trouble. For example, Whirlpool currently yields over 8%, […]
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Fed meeting live updates: Traders wait to see how many central bank members go against Powell
The central bank is expected to keep its target rate at a range of 4.25% to 4.50%, but traders want to see whether any Fed governors go against the decision. Source
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Novo Nordisk’s stock plunge isn’t surprising. Why companies clear the deck for new CEOs
Novo Nordisk shares nosedived on the day its new chief executive, Maziar Mike Doustdar, was appointed. But that shouldn’t have come as a surprise to investors. Minutes before the news of Doustdar’s appointment on Tuesday, the Danish pharmaceutical giant reported a profit warning, slashing its operating profit growth by around a third to the new […]
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iPhone maker Foxconn joins $1 trillion AI data center market with new alliance
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Foxconn on Wednesday said it is taking a stake in TECO Electric & Machinery Co., as it looks to supercharge its efforts to become […]
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U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit
Shipping containers are stacked on the Ever Magic container ship operated by Evergreen at the Port of Los Angeles on June 25, 2025 in Los Angeles, California. Mario Tama | Getty Images The U.S. economy grew at a much better than expected pace in the second quarter, powered by a turnaround in the trade balance […]
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Catastrophe bond sales are having a major moment
Catastrophe bond sales are skyrocketing, underscoring the growing appeal of what was once considered a relatively niche corner of the insurance industry. The issuance of so-called catastrophe bonds, or CAT bonds, has soared to $18.2 billion so far this year, according to specialist data provider Artemis.bm. With five months to spare, that’s already more than […]
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Why the U.S.-EU trade agreement is unlikely to derail Europe’s defense boom
Europe’s defense stocks wobbled at the start of the week, as investors pored over the details — still lacking in some areas — of the framework trade agreement struck by the U.S. and European Union on Sunday. An initial concern was that a commitment by the EU to increase its purchases of U.S. goods, in […]
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Luxury carmakers flag combined costs of $889 million as U.S. tariffs bite
Key Points Luxury carmakers Porsche, Mercedes-Benz Group and Aston Martin on Wednesday each outlined the extent to which U.S. import tariffs have taken their toll. Collectively, the carmakers warned of combined costs exceeding 770 million euros ($889 million). “This is not a storm that will pass,” Oliver Blume, chairman of the executive board of Porsche, […]
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