The Corporation for Public Broadcasting Is Shutting Down
Matt Novak / gizmodo - MAGA notches another win in its battle against anything good in America.
Back to Top / Friday, August 1, 2025, 5:20 pm / permalink 11479 / 5 stories in 7 months
Apple is closing a retail store in China for the first time
Christian Zibreg / idownloadblog - Apple is closing its retail store in Parkland Mall, the first time it has shut a store in China where iPhone sales have declined.
Back to Top / Tuesday, July 29, 2025, 8:20 am / permalink 11121 / 2 stories in 7 months
Gold Market Slumps On Trade Deal Optimism Dampening Safe-Haven Demand
Gold prices have taken a hit as renewed optimism over US trade deals has diminished the safe-haven appeal of the precious metal. The shift in market sentiment has rattled investors who are now questioning traditional risk strategies amid a backdrop of global economic recalibrations.
Back to Top / Thursday, July 24, 2025, 4:20 am / permalink 10805 / 0 stories in 7 months
Windsurf CEO opens up about ‘very bleak’ mood before Cognition deal
Anthony Ha / techcrunch - Days after AI coding startup Windsurf announced that it’s being acquired by Cognition, Windsurf startup Jeff Wang took to X to offer more details about the drama and uncertainty around the deal. Windsurf was previously reported to be in acquisition talks …
Back to Top / Saturday, July 19, 2025, 1:20 pm / permalink 10464 / 3 stories in 7 months
US retail sales beat expectations in June, signaling consumer resilience
New data reveals that US retail sales in June surged past forecasts, despite a backdrop of subdued consumer sentiment. The robust performance highlights a surprising rebound in spending, offering a glimmer of hope amid economic uncertainty while analysts weigh the implications for the broader market.
Back to Top / Thursday, July 17, 2025, 11:22 am / permalink 10312 / 0 stories in 7 months
Trump says he will impose 30% tariffs on the EU and Mexico from August 1 - Financial Times
google - Trump says he will impose 30% tariffs on the EU and Mexico from August 1 Financial Times
Back to Top / Saturday, July 12, 2025, 11:20 am / permalink 9937 / 1 stories in 7 months
U.S. imposes 25% tariffs on all products from Japan and South Korea — new measures could be a big hit for the memory industry
tomshardware - President Trump announced that starting August 1, the U.S. will impose a 25% tariff on all imports from Japan and South Korea, which threatens to disrupt global tech supply chains dominated by these countries.
Back to Top / Tuesday, July 8, 2025, 10:21 am / permalink 9603 / 4 stories in 7 months
Oil prices tumble amid OPEC+ output surge
Oil markets are reeling as OPEC+ cranked up production, sending oil prices into a mild nosedive amid growing concerns over an oversupplied market. Industry watchers can hardly keep a straight face as regulators and investors scramble for answers over whether this surge is an accidental misstep or a calculated move toward destabilizing price optimism.
Back to Top / Sunday, July 6, 2025, 10:20 pm / permalink 9496 / 0 stories in 8 months
New Anthropic initiative will fund research into the economic impact of AI
Maria Deutscher / siliconangle - Anthropic PBC is launching an initiative designed to support research into the economic impact of artificial intelligence and ways to address it. The Anthropic Economic Futures Program, as the project is called, was announced today. It’s designed to compl…
Back to Top / Friday, June 27, 2025, 5:20 pm / permalink 9025 / 4 stories in 8 months
Philips Hue says US prices will go up in July because of tariffs
Will Shanklin / engadget - When Philips Hue’s US prices go up next month, you can officially know who to blame. (Hint: It rhymes with "rump.") Parent company Signify told Hueblog (via The Verge) that its price increases are "a direct result of tariffs." See how easy that was, Amazo…
Back to Top / Tuesday, June 24, 2025, 2:20 pm / permalink 8726 / 5 stories in 8 months
JetBlue Is Slashing Flights and Cutting Costs. Here's What Travelers Should Know
Macy Meyer / cnet - JetBlue is pulling back on routes to several US states and major metropolitan cities.
Back to Top / Tuesday, June 17, 2025, 5:21 pm / permalink 8271 / 1 stories in 8 months
US retail sales slump for second consecutive month amid weak auto sales
US retail sales have recorded a second consecutive monthly decline, with downturns notably linked to reduced automobile purchases and consumer pullback. Analysts warn that the slump reflects broader economic uncertainties and diminishing consumer spending, highlighting potential challenges ahead for the market.
Back to Top / Tuesday, June 17, 2025, 1:22 pm / permalink 8236 / 1 stories in 8 months
Donald Trump leaves G7 early as Iran-Israel conflict intensifies - Financial Times
google - Donald Trump leaves G7 early as Iran-Israel conflict intensifies Financial Times
Back to Top / Tuesday, June 17, 2025, 3:20 am / permalink 8175 / 1 stories in 8 months
Trump Tariff Rhetoric Drags Dollar to Multi‐Year Lows
Renewed tariff threats and trade uncertainty have pushed the U.S. dollar to multi‐year lows. With political bluster and swirling global market instability, investors are left both bemused and anxious about an economic fallout, as the rhetoric continues to fuel a volatile financial landscape.
Back to Top / Thursday, June 12, 2025, 9:20 am / permalink 7792 / 1 stories in 8 months
Tracking Trump's Tariff Changes Impacting Key U.S. Products
Recent moves by the administration have sparked a flurry of tariff adjustments that are causing ripples in the market. Small retailers are left scrambling amid the policy’s impact on pricing and supply chains, while meticulous trackers monitor key product price swings as China-targeted tariffs make a comeback with renewed vigor.
Back to Top / Wednesday, June 11, 2025, 8:20 pm / permalink 7750 / 1 stories in 8 months
US inflation rose less than expected to 2.4% in May - Financial Times
google - US inflation rose less than expected to 2.4% in May Financial Times
Back to Top / Wednesday, June 11, 2025, 1:21 pm / permalink 7684 / 1 stories in 8 months
US-China eased trade deal sparks market and analyst reactions
In a notable development, the United States and China have agreed to ease trade tensions, a move that has nudged gold prices higher and drawn varied reactions from market observers. Analysts remain divided—some cheer the prospect of a more stable trading environment, while others question the deal’s long‐term implications.
Back to Top / Tuesday, June 10, 2025, 11:20 pm / permalink 7607 / 4 stories in 8 months
OPEC May Oil Output Falls Short of OPEC+ Targets
OPEC’s crude oil production in May failed to hit its OPEC+ target amid modest output gains dampened by compensation cuts. The figures underscore the challenges of channeling production increases into meeting ambitious quotas while confronting market pressures and strategic pricing adjustments.
Back to Top / Monday, June 9, 2025, 12:20 pm / permalink 7316 / 0 stories in 8 months
US May Payrolls Beat Estimates Fuel Market Reaction
Robust US job numbers for May—with payrolls rising by 139K—have surprised markets and fueled fierce debates among policymakers. The unexpected surge has led to calls for immediate rate cuts and raised questions about the underlying strength and resilience of the US labor market amid mixed economic signals.
Back to Top / Friday, June 6, 2025, 9:20 am / permalink 7033 / 1 stories in 9 months
Apple says its App Store helped generate $1.3T in billings and sales, most without a commission
Sarah Perez / techcrunch - Apple said developers generated $1.3 trillion in sales in 2024 through its App Store, of which 90% did not involve paying the company a commission.
Back to Top / Thursday, June 5, 2025, 9:20 am / permalink 6888 / 5 stories in 9 months