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US digest: markets slide after fresh Trump tariff threat, consumer sentiment slide

US stock markets fell sharply…

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Investing

Trump announces extra 100% tariffs on China, control ‘critical software’ exports

US President Donald Trump announced…

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Economy

China outlines more controls on exports of rare earths and technology

HONG KONG — China outlined…

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Stock

Will the Senate’s leaked DeFi bill drain what’s left of US liquidity?

A confidential draft bill circulating…

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Investing

Google designated ‘strategic market status’ in UK by CMA: what it means

Alphabet Inc.’s Google has become…

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Investing August 29, 2025

Here’s why Barclays, NatWest, Lloyds share prices are crashing

The Barclays, NatWest, and Lloyds share prices plunged on Friday, dragging the blue-chip FTSE 100 Index. NatWest stock plunged to 512p, down by almost 10% from its highest…

Investing August 29, 2025

Eli Lilly joins forces with China tech giant to expand obesity drug market

Eli Lilly has partnered with a leading Chinese tech company, JD Health to fast-track its presence in China’s rapidly expanding obesity drug market, boosting the company’s global growth…

Economy August 29, 2025

Trump accused Fed Governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say

The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be…

Economy August 29, 2025

Trump accused Fed governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say.

The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be…

Stock August 28, 2025

Solana price rises to 6-month high on optimism over Alpenglow upgrade

Solana’s token SOL has pushed to levels not seen since February, lifted by renewed community confidence in a major network proposal. Data from CryptoSlate shows SOL briefly rose…

Investing August 28, 2025

Germany boosts energy security with new Wilhelmshaven LNG terminal

On August 29, Germany will launch its second liquefied natural gas (LNG) import terminal at Wilhelmshaven port. This move by state operator Deutsche Energy Terminal (DET) is part of…

Investing August 28, 2025

Snowflake stock jumps 14% on earnings beat, optimistic guidance; analysts raise PTs

Snowflake shares soared 14% during Thursday premarket trading after the cloud data platform beat Q2 earnings estimates and raised its revenue forecast while signalling accelerating demand for its…

Economy August 28, 2025

Cracker Barrel will go back to old logo after conservative backlash

Uncle Herschel is returning to the Cracker Barrel chair. After online outrage by conservatives who accused the country-themed restaurant chain of changing its values or going “woke” when…

Economy August 28, 2025

Google has eliminated 35% of managers overseeing small teams in past year, exec says

Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the…

Stock August 27, 2025

Ethereum staking exit queue hits record high of over $4.6 billion

Ethereum’s staking system is under mounting pressure as withdrawals outpace new deposits, with the exit queue reaching its highest level. Validator queue data shows that as of Aug.…

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