Detroit is returning to a focus on internal combustion passenger vehicles after the Trump administration and a Republican Congress have voided policies and regulations that focused carmakers on the transition to electric mobility, The Wall Street Journal reported.
Donald Trump’s “big beautiful” tax-cut bill Congress passed in July has handed AT&T an extra $1.5 to $2 billion this year in tax savings, the equivalent of an 11-percent increase in its free cash flow, the company recently said.
The U.S. economy is splitting in two, the Financial Times reported.
Again, and again, and again, as we say, “You can’t make this shit up.” Month-after-month, week-after-week, day-after-day, President Trump says he will do one thing then backtracks and/or does another of his this or that.
To 11 August, U.S. companies have announced $983.6 billion in stock buybacks, the most in this part of a year since at least 1982, according to research firm Birinyi Associates.
Cybersecurity specialist Palo Alto Networks will buy CyberArk Software, an Israeli counterpart, for about $25 billion as Palo Alto CEO Nikesh Arora seeks to scale his company in tandem with AI’s spread through business, government, and military operations.
On 31 July, Microsoft’s value on the NASDAQ exchange touched $4.01 trillion, making it the second company after chipmaker Nvidia to achieve that milestone. Nvidia passed $4 trillion in market value on 9 July.
Tracking trends is the understanding of where we are and how we got here to see where we are going. On the housing market front, let’s take a look at how we got here.
New graduates with their college diplomas in hand are finding fewer ways to enter the job market. Artificial intelligence (AI) got there before they did.
U.S. manufacturing activity shrank for the fifth consecutive month in July at the fastest clip since November, according to the Institute for Supply Management’s purchasing managers index (PMI).