Browsing: Business

DETROIT, October 15, 2025: Stellantis NV has announced a $13 billion investment plan to expand and modernize its manufacturing footprint in the United States, representing the company’s largest single capital expenditure in the country to date. The multi-year commitment is

WASHINGTON, October 15, 2025: Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank faces increasing difficulty in balancing its dual mandate of achieving price stability and maximum employment, as inflation remains elevated and signs of labor market

NEW YORK, October 15, 2025: U.S. stocks closed lower Tuesday following a turbulent trading session marked by renewed political tension between the United States and China. The S&P 500 slipped 0.2 percent to 4,348.71, while the Nasdaq Composite dropped 0.8

MARSHALL, Texas, October 11, 2025: A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay $445.5 million in damages to Collision Communications, finding that the South Korean technology company willfully infringed four patents tied to wireless communication standards

NEW YORK, October 9, 2025: Gold prices broke through the $4,000 per ounce barrier for the first time, prompting a sharp rally in mining stocks globally as investors shifted focus to companies positioned to benefit from the historic surge in

SAN FRANCISCO, October 9, 2025: OpenAI has entered into a multibillion-dollar agreement to purchase high-performance graphics processing units (GPUs) from AMD, marking a significant expansion of its compute capacity as demand for artificial intelligence workloads continues to surge. The deal

PURCHASE, N.Y., October 9, 2025: PepsiCo Inc. reported third-quarter earnings that exceeded Wall Street estimates, with strong international performance helping to offset weaker demand in the North American market. The global food and beverage giant posted net revenue of $23.94

WASHINGTON, 8 October 2025: The United States is projected to maintain record levels of crude oil production over the next two years, averaging 13.5 million barrels per day in both 2025 and 2026, according to the latest Short-Term Energy Outlook

Washington, October 7, 2025: U.S. President Donald Trump on Tuesday said that the United States and Canada share a “natural conflict” when it comes to trade, as he hosted Canadian Prime Minister Mark Carney at the White House for high-level

WASHINGTON, October 6, 2025: Gold prices reached an all-time high on Monday, surging above $3,960 per ounce as global investors sought safety amid increasing economic and geopolitical uncertainty. Spot gold climbed to $3,963.42 per ounce in early trading, setting a