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Investments and Business

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

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.…

Trump bickers with Powell over Fed renovation costs

Investments and Business

Trump criticizes Powell over Federal Reserve renovation spending

Peter G. Killigang

Tensions have once again surfaced between former President Donald Trump and Federal Reserve Chair Jerome Powell—this time, over the projected expenses associated with modernizing the Federal Reserve’s infrastructure. As discussions…

King meets Modi after India-UK trade deal signed

Investments and Business

After India-UK trade deal, King meets with Modi

Peter G. Killigang

Following the recent completion of a significant trade agreement between India and the United Kingdom, a diplomatic meeting took place between the King and Indian Prime Minister Narendra Modi. This…

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

Investments and Business

Tesla’s financial woes extend beyond Elon Musk’s White House departure

Peter G. Killigang

Tesla, which was once the undeniable frontrunner in the electric vehicle (EV) industry, is presently encountering a challenging financial phase. Despite attempts by its CEO Elon Musk to disassociate from…