Business
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AI Boom Delivers Record Profits for Samsung and SK Hynix, But Investor Anxiety Mounts Over Capital Costs and Chinese Competition
A relentless global rush to build artificial intelligence hardware has propelled South Korea’s primary technology giants to historic financial highs,…
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U.S. Economic Growth Slows to 1.5% in Second Quarter Amid Import Drag and Inflation Pressures
A widening trade deficit driven by surging imports pulled U.S. economic growth down to an annualized rate of 1.5% in…
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Meta Shares Slip as $2.4 Billion Legal Bill and Severance Costs Weigh On Earnings
Wall Street punished Meta Platforms in post-market trading following a sharp 91% drop in quarterly free cash flow and a…
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50th ‘State of Black America’ Report Warns Civil Rights Rollbacks Threaten U.S. Economic Stability
The economic and political advances achieved by Black Americans face their most precarious challenge since the Civil Rights Era, according…
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US Economic Growth Decelerates to 1.5% in Second Quarter, Missing Forecasts
American economic expansion cooled noticeably in the second quarter of the year, driven by a sharp deceleration that pulled growth…
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Core Inflation Cools to 0.1% Monthly Pace as PCE Benchmark Hits Expectations
Headline inflation eased sequentially in June as underlying price growth moderated, according to official data released by the U.S. Commerce…
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Reality TV Windfalls Meet Inflation as Love Island USA Winners Prioritize Debt Over Luxury
When Bryce Alakai and Trinity Tatum emerged victorious on the 2026 season of Love Island USA, their path to the…
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Global Markets Shake as Fed Holds Rates Amid Escalating Middle East Conflict and Apple’s $5 Trillion Valuation
Wall Street faced sharp headwinds after the Federal Reserve opted to hold its benchmark interest rate at 3.5 percent, despite…
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Gen Z Scrutinizes Purchases With Rigorous Online Research Before Spending, Study Finds
Young American consumers are increasingly auditing their personal spending through rigorous multi-platform research, rejecting sponsored promotional content in favor of…
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Western Automakers Face Structural Crisis as Chinese EV Makers Gain Global Ground
A major shift in global automotive power has stripped North American automakers of nearly a percentage point of market share…
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