Browsing: Business

Nvidia invests $5B in Intel to develop custom x86 CPUs and AI chips, acquiring 4% stake in a strategic move to advance chip design and data center systems.

Paramount and Skydance prepare a bid for Warner Bros Discovery with analyst-backed synergy potential exceeding $3 billion in major US media industry move.

Nvidia is under Chinese investigation for breaching merger conditions from its 2020 Mellanox acquisition deal, authorities confirmed.

Donald Trump urges SEC to end quarterly reports for public firms, proposing semiannual disclosures to reduce regulatory burden.

Wall Street indexes hit record highs as Tesla and Micron rally, supported by strong economic data and falling Treasury yields. Equity markets see broad gains.

US mortgage demand surged to a 3-year high as rates fell to 6.49%, driving a sharp rise in refinancing and home purchase activity, MBA data shows.

Manufacturing layoffs rise as American factories face monthly cost hikes due to tariffs, driving up unemployment and stalling wage growth.

U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.

US biofuel imports hit a 13-year low in 2025 due to tax policy changes and reduced demand for renewable diesel and biodiesel fuels.

US trade deficit widened to $78.3 billion in July as soaring imports of industrial supplies and capital goods outpaced sluggish export growth.