Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
Treasury Secretary Bessent announces expanded bond buyback program while maintaining regular auctions, potentially using nearly $1 trillion from the Treasury General Account to manage interest rates.
Oura, a health-focused smart ring manufacturer, is preparing for a September IPO seeking up to $3 billion in capital at a valuation exceeding $16 billion, joining a wave of tech companies going public.
Shein's upcoming stock market listing will not address the fast-fashion retailer's significant sustainability and environmental challenges, Reuters analysis suggests.
Some US restaurants are abandoning tipping culture by raising menu prices to pay staff higher fixed wages, citing fairness and equity concerns, though customer resistance and tax implications present challenges.
Treasury Secretary Scott Bessent announced a U.S. campaign targeting Iran's economy, characterizing it as an initial warning shot preceding diplomatic negotiations.
Trump is moving toward imposing new tariffs on China, citing market flooding with cheap goods. The action reflects ongoing trade tensions between the US and China.
A Oura Health, fabricante de anéis inteligentes para monitoramento de saúde, planeja abrir capital nos EUA em setembro com avaliação superior a US$ 16 bilhões, capitalizando a crescente demanda por dispositivos vestíveis.
The SEC is investigating the near-implosion of an AI hedge fund called Situational Awareness, issuing subpoenas to major Wall Street banks for trading information.
Hundreds of luxury river cruise passengers faced disruptions as low water levels on Europe's Rhine River prevented normal navigation. The situation highlights climate and seasonal impacts on European tourism and cargo transport.
The U.S. and Canada face escalating tensions with potential economic consequences. The situation could significantly impact American trade, supply chains, and cross-border commerce.
US Treasury Secretary Bessent confirms the department will maintain its regular debt auction schedule despite expanding buyback operations, signaling confidence in market capacity.
Los Angeles unveiled an air taxi aircraft at LA Live, announcing plans for a downtown vertiport to provide aerial transportation during the 2028 Olympics. The service aims to offer rides comparable in cost to Uber Black.
Nvidia faces a critical earnings test with valuations appearing cheaper than expected, potentially signaling market uncertainty about the AI boom's sustainability despite the stock's central role in the sector.
Thousands of Argentines are migrating to remote Patagonia seeking work in oil development, hoping to revitalize their struggling economy through resource extraction.
Trump's 50% tariffs on Canadian cars and steel face retaliation as PM Carney vows dollar-for-dollar matching. Legal questions arise as negotiations continue before January implementation.
Federal regulators ordered Redfin and Zillow to amend their $100 million agreement, which allegedly stifled competition in apartment listings. The settlement requires Redfin to relaunch its rental advertising business and restore consumer choice.
Canada announced a C$11 billion investment to build six new icebreakers, strengthening its Arctic maritime capabilities and sovereignty presence in northern waters.
Gamescom 2026 marks a record-breaking year for the gaming industry's largest trade show, with organizers planning responsible expansion while maintaining local market relevance.
Fast-fashion retailer Shein faces headwinds in its Hong Kong IPO despite a $27 billion valuation target, as sustainability concerns and market skepticism threaten its expansion plans.
Apple's unreleased foldable iPhone Ultra has reportedly impressed early testers, though some concerns remain. The device has generated positive market reaction with AAPL stock ticking up on the news.
Newly appointed Federal Reserve Chair Kevin Warsh confronts bond market volatility and inflation concerns as he prepares his debut Jackson Hole speech, a key moment to reassure investors amid economic strains.
Treasury Secretary Scott Bessent announces new economic pressures on Iran while Canada imposes retaliatory tariffs against the U.S., escalating trade tensions.
The cost of recreational drugs has fallen significantly due to increased supply and market competition, according to New York Times analysis of pricing trends.
Fast-fashion giant Shein plans to raise $1.77bn through a Hong Kong IPO on September 1, valuing the company at nearly $27bn—a significant drop from its $100bn private valuation in 2022 amid slowing sales and regulatory challenges.
