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Investments and Business

E.U. will pause retaliatory tariffs against U.S. as trade talks continue

E.U. ceases retaliatory tariffs on U.S. during trade talks

Peter G. Killigang

The European Union has agreed to temporarily halt the imposition of retaliatory tariffs on imports from the United States, signaling a strategic pause in a long-running transatlantic trade dispute. The…

Trump fires labor statistics boss hours after the release of weak jobs report

Investments and Business

Trump dismisses labor statistics leader post weak jobs report

Peter G. Killigang

In a move that stirred immediate reactions across Washington, former President Donald Trump dismissed the director of the Bureau of Labor Statistics (BLS) just hours after a jobs report revealed…

Ontario cancels internet deal with Musk's Starlink as part of U.S. tariff fight

Investments and Business

Ontario pulls out of Starlink internet deal as U.S. tariff tensions rise

Peter G. Killigang

The province of Ontario has formally terminated its partnership with Starlink, the satellite internet provider run by Elon Musk's SpaceX, in what authorities are calling a necessary reaction to the…

Wall Street edges back from its records as a busy week picks up momentum

Investments and Business

Wall Street eases from all-time highs amid momentum-filled week

Peter G. Killigang

U.S. stocks saw a slight decline after achieving record highs recently, as investors managed a hectic week packed with corporate earnings reports, economic news, and continuing discussions about potential changes…

Investments and Business

Stellantis restores guidance after $1.7 billion tariff blow, signals ‘tough decisions’

Peter G. Killigang

Automotive giant Stellantis has officially updated its financial guidance following a significant $1.7 billion impact from new tariffs, signaling a recalibration of its global strategy. While the company remains optimistic…

Union Pacific to buy Norfolk in billion mega U.S. railroad deal

Investments and Business

Union Pacific announces $85 billion acquisition of Norfolk in major U.S. railroad deal

Peter G. Killigang

In a strategic move poised to reshape the U.S. rail industry, Union Pacific has agreed to acquire Norfolk in a landmark deal valued at $85 billion. This consolidation marks one…

India overtakes China as biggest smartphone exporter to the United States, report says

Investments and Business

India surpasses China as top smartphone exporter to the US, report finds

Peter G. Killigang

India has become the leading exporter of smartphones to the United States, surpassing China for the first time. This is according to a recent industry report that emphasizes the changing…

Crypto kidnapping: How armed gangs are hunting the internet's high rollers

Investments and Business

Crypto kidnapping: Inside the hunt for wealthy online traders by armed gangs

Peter G. Killigang

In the current digital landscape, cryptocurrencies have produced a novel group of wealthy individuals. However, this form of digital fortune has drawn a perilous type of attention — not from…

There’s a sweet spot for tariffs. Markets could revolt if Trump is way off

Investments and Business

The Impact of Tariff Levels: Could Markets React if Trump Gets It Wrong?

Peter G. Killigang

As discussions about potential economic policy in a second Trump presidency gain momentum, one issue resurfaces with renewed significance: tariffs. While some level of trade protectionism may appeal to certain…

Meta is shelling out big bucks to get ahead in AI. Here’s who it’s hiring

Investments and Business

Who Meta is hiring as it spends big on AI leadership

Peter G. Killigang

Meta is making a substantial push to secure its place in the competitive world of artificial intelligence, and a key part of that strategy involves aggressively expanding its talent pool.…