Investments and Business

Intel cuts 15% of its staff as it pushes to make a comeback

July 21, 2025

Intel eliminates 15% of jobs in comeback strategy

Ava Martinez

Intel Corporation has begun a substantial reorganization plan that involves trimming its worldwide workforce by nearly 15%. This choice is part of a larger approach to recapture its competitive edge…

Investments and Business

US FCC clears bn Skydance-Paramount merger

July 21, 2025

US FCC okays $8bn Skydance-Paramount merger deal

Ava Martinez

A significant development in the entertainment industry has emerged with the formal approval of an $8 billion merger between Skydance Media and Paramount Global. The United States Federal Communications Commission…

Investments and Business

Trump bickers with Powell over Fed renovation costs

July 20, 2025

Trump disputes with Powell over Fed renovation expenses

Ava Martinez

Conflicts have resurfaced between ex-President Donald Trump and Federal Reserve Chair Jerome Powell, concerning the anticipated costs related to upgrading the Federal Reserve’s infrastructure. As the dialogue around possible changes…

Investments and Business

Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

July 20, 2025

Scott Bessent, Treasury Secretary, calls for full Federal Reserve assessment

Ava Martinez

In a development sparking considerable debate among financial and political groups, U.S. Treasury Secretary Scott Bessent has urged a comprehensive evaluation of the Federal Reserve’s organization, decision-making procedures, and policy…

Investments and Business

Goldman Sachs is getting worried about the economy

July 20, 2025

Goldman Sachs warns of economic trouble

Ava Martinez

In a significant change from its earlier stable outlook, Goldman Sachs is now showing increased wariness regarding the trajectory of the global economy. The well-regarded investment bank, renowned for its…

Investments and Business

Tesla continues its financial downturn even after Elon Musk's White House exit

July 19, 2025

Tesla maintains financial losses despite Elon Musk leaving the White House

Ava Martinez

Tesla, once the undisputed leader in the electric vehicle (EV) market, is currently navigating a turbulent financial period. Despite efforts by its CEO Elon Musk to distance himself from recent…

Investments and Business

This congressman wants to ban companies from using your search history to set personalized prices

July 19, 2025

How a congressman plans to ban companies from using your search history for personalized pricing

Ava Martinez

As online selling continues to change, a fresh legislative idea is highlighting how businesses manage customer information. A U.S. lawmaker has put forward a bill that seeks to limit the…

Investments and Business

Trump says US has struck trade deal with Japan

July 19, 2025

Trump announces US-Japan trade agreement

Ava Martinez

Former U.S. President Donald Trump revealed that the United States had finalized a trade agreement with Japan during his time in office, marking what he described as a significant step…

Investments and Business

City traders have rate-rigging convictions quashed

July 19, 2025

Court quashes rate-rigging convictions for city traders

Ava Martinez

Several ex-financial traders who had faced convictions related to tampering with benchmark interest rates have now seen their convictions nullified. This marks a notable legal shift in one of the…

Investments and Business

July 18, 2025

$1.1 Billion Tariff Hit Cuts GM Profits

Ava Martinez

General Motors (GM), a leading global car manufacturer, has recently experienced a marked decline in its profit margins. This decrease was primarily driven by the economic consequences of tariffs, especially…

Investments and Business