Finance

Trump Turns $11.1B Into 10% Intel Stake Amid Chip Industry Struggles
Finance

Trump Turns $11.1B Into 10% Intel Stake Amid Chip Industry Struggles

WASHINGTON — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley...

August 25, 2025
Fed Chair Powell Faces Independence Test as Rate Cuts Loom
Finance, News

Fed Chair Powell Faces Independence Test as Rate Cuts Loom

WASHINGTON — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest...

August 25, 2025
Keurig Dr Pepper to Acquire JDE Peet’s in $18 Billion Coffee Deal
Finance, News

Keurig Dr Pepper to Acquire JDE Peet’s in $18 Billion Coffee Deal

NEW YORK — In a landmark move for the beverage industry, Keurig Dr Pepper announced it will acquire JDE Peet’s,...

August 25, 2025
Why Fed Independence Matters as Trump Pressures Powell and Cook
Finance

Why Fed Independence Matters as Trump Pressures Powell and Cook

WASHINGTON — President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage...

August 22, 2025
Powell’s Final Jackson Hole Speech Draws Focus From Wall Street and White House
Finance, News

Powell’s Final Jackson Hole Speech Draws Focus From Wall Street and White House

WASHINGTON — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept...

August 22, 2025
Nvidia in Talks With Trump Administration on New China AI Chip
Finance, News

Nvidia in Talks With Trump Administration on New China AI Chip

BANGKOK — Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for...

August 22, 2025
Stock market today: Dow, S&P 500, Nasdaq retreat after jobless data, Walmart earnings miss
Finance

Stock market today: Dow, S&P 500, Nasdaq retreat after jobless data, Walmart earnings miss

Donald Trump and Ursula von der Leyen made the initial agreement last month US President Donald Trump has backed down...

August 21, 2025
Japan Economy Growth at 1% Despite Trump Tariffs
Finance

Japan Economy Growth at 1% Despite Trump Tariffs

TOKYO — The Japanese economy grew at a better than expected 1% annual pace in the last quarter, boosted by...

August 21, 2025
UK Inflation Rises to 3.8% in July on Airfare and Food Costs
Finance, News

UK Inflation Rises to 3.8% in July on Airfare and Food Costs

LONDON — Higher food and airfare prices pushed U.K. inflation above expectations in July, official figures showed Wednesday, which has...

August 20, 2025
US Retail Sales Rise 0.5% in July as Shoppers Buy Ahead of Tariffs
Finance

US Retail Sales Rise 0.5% in July as Shoppers Buy Ahead of Tariffs

NEW YORK — Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President...

August 20, 2025

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