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    Trump's new global tariff draws rebukes from trade partners

    U.S. trading partners from Canberra to Brasília have rejected the forced labor rationale behind President Donald Trump'snew global tariffs, while most signaled they would keep negotiating rather than retaliate. The Office of the U.S. Trade Representative on Thursday took action under Section...
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    Verizon mobile service restored after outage for thousands of customers in the U.S.

    Service was down for several hours Saturday afternoon for thousands ofVerizoncustomers in the U.S. The outages began around 3:30 p.m. ET, with Verizon receiving the highest number of complaints at more than 13,000 at its peak, according to data tracking site Downdetector. The largest number of...
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    Singapore tightens monetary policy in surprise move as rising oil prices rekindle inflation risk

    Singapore on Monday unexpectedly tightened its monetary policy for a second consecutive time, moving preemptively against a renewed oil price surge even as inflation at home stays subdued. The Monetary Authority of Singapore said it willincrease the rate of appreciationof the Singapore dollar's...
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    S&P 500 futures slip as traders watch for Strait of Hormuz deal, inflation data: Live updates

    S&P 500 futuresedged lower on Sunday night amid growing doubts that the U.S. and Iran will soon strike a deal to open the Strait of Hormuz. Futures tied to the broad index slipped about 0.2%, whileNasdaq-100 futuresadded 0.1%.Dow Jones Industrial Average futuresshed 99 points, 0.2%. Investor...
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    I'm a heart surgeon: My weekly grocery essentials—and what I never put into my shopping cart

    I've been a cardiothoracic surgeon for more than 25 years. About four years ago, I myself suffered a heart attack. So I spend a lot of time thinking about how to effectively fuel my body and keep my heart healthy and strong. The reasons to nourish your body (including your heart) are myriad...
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    Max Miller stays in Ohio House race as GOP ballot deadline passes

    Republican Rep.Max Millerof Ohio will remain in his reelection race, after a key deadline passed for the GOP to replace him as its nominee, despitemounting callsfrom fellow Republicans for him todrop his reelection bid. Under Ohio law,Republicanshave until Monday at 4 p.m. to name a replacement...
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    How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta

    Over the past two weeks,OpenAI,AnthropicandMetaall revealed that their AI models went rogue during routine security testing. In explaining what happened, the companies each mentioned the same small Israeli startup: Irregular. Founded three years ago and based in Tel Aviv, Irregular is a niche...
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    Ocasio-Cortez hasn't 'ruled out' running for president or Senate in 2028

    Rep.Alexandria Ocasio-Cortezsaid Sunday she has not "ruled out" a run for president in 2028 as theDemocratic Party's left flank surges inmidtermprimaries across the country. "I haven't ruled out the possibility, and I'm very humbled [by] the tremendous amount of support out there,"...
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    Iran denies any direct talks with U.S. on opening Strait of Hormuz as Houthis claim attack on Saudi refinery

    Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the U.S. to end the war with Iran and open the Strait of Hormuz, despite Washington's assertions that a deal is near. A brief hiatus in fighting between the U.S. and Iran after a June 17 memorandum of...
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    Abel puts a big chunk of Berkshire's cash to work

    (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign uphereto receive it every Friday evening in your inbox.) Abel puts a big chunk of Berkshire's cash to work In his second quarter as the new CEO of Berkshire...
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    What a divided Fed means for investors

    Wall Street has a clear takeaway from this week'sFederal Reservedecision: A hike is likely on the horizon as inflation remains a top priority. The Fed opted tohold interest rates steadyat the second meeting led by ChairmanKevin Warsh. But between his commentary about inflation and the...
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    U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

    Economic growth was weaker than expected in the second quarter though underlying drivers were mostly solid. At the same time, inflation in June held well above the Federal Reserve's goal and complicated the central bank's policy path, the Commerce Department reported Thursday. Gross domestic...
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    China's factory activity unexpectedly contracts in July on demand slump, typhoons

    China's factory activity unexpectedly contracted in July for the first time since February, as domestic orders slumped and typhoons disrupted production, while part of the front-loading momentum began to unwind, piling pressure on Beijing to boost domestic demand. The official manufacturing...
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    These Fed alternative indicators are showing inflation is at its lowest in years

    Pricing data from June indicated that outside of some select items where costs continue to grow, inflation is trending back towards the Federal Reserve's inflation goal. So-called trimmed mean measures, which exclude outliers in both price increases and decreases, showed inflation at its lowest...
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    Manufacturing survey shows inflation adding to pressure on the Fed

    A burst in factory activity shows the U.S. economy may be escaping the burden of tariffs and gaining manufacturing jobs, while at the same time laboring under the geopolitical uncertainty that some industry leaders say is worse than the Covid pandemic. In its July survey of the manufacturing...
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    Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy

    The drought in Europeis so severe that it is jeopardizing countries' economic growth and forcing them to take extreme measures like blowing up riverbeds. Gripped by a summer ofweather extremes, Romania recently shut down its sole working nuclear reactor cooled by the Danube for the first time...
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    Private companies added just 44,000 workers in July, below expectations

    Hiring at private companies slowed considerably in July, with most of the job growth coming from healthcare, payrolls processing firm ADP reported Wednesday. Nonfarm job growth excluding government totaled a seasonally adjusted 44,000 for the month, below the downwardly revised 95,000 in June...
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    The July jobs numbers are due out Friday. Here's what to expect

    Job growth isn't expected to show much improvement in July, with payrolls and the unemployment rate likely holding relatively steady and economists looking through the headline numbers for further clues about labor market health. Nonfarm payrolls are expected to post a gain of just 83,000, with...
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    U.S. economy unexpectedly lost 23,000 jobs in July

    The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared with a...
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    Here are three key takeaways from the disappointing July jobs report

    Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals on how to process the latest jobs report. "This report is like a hall of mirrors, tricking investors with different signals about whether labor's recovery is...

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