Investments and Business

New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

Revenue surge from new tariffs will offset national debt, says Bessent

Ava Stringer

The introduction of new tariffs has quickly become a significant source of revenue for the United States, generating billions of dollars through duties collected on imported goods. While tariffs are…

Air Canada to resume flights after pay deal struck with union

Investments and Business

Air Canada flights returning after union pay agreement

Ava Stringer

Air Canada has come to an understanding with its unionized employees, concluding the ambiguity that encircled its ongoing labor disagreement and paving the way for flight operations to stabilize. The…

Newsmax settles Dominion election defamation case for m

Investments and Business

Election defamation case between Newsmax and Dominion settled for $67m

Ava Stringer

Newsmax has resolved its legal dispute with Dominion Voting Systems by agreeing to a $67 million settlement, closing a chapter in one of the most high-profile defamation cases linked to…

Investments and Business

Soho House bought for £2bn as Ashton Kutcher joins board

Ava Stringer

A new chapter has begun for the renowned international private members' club, Soho House, following a recent purchase agreement that places its value at an impressive £2 billion. This essential…

FTC sues ticket reseller for evading Taylor Swift’s Eras tour ticket limits

Investments and Business

FTC alleges ticket reseller circumvented Taylor Swift’s Eras tour ticket regulations

Ava Stringer

The excitement surrounding Taylor Swift’s Eras tour has been one of the defining cultural moments in recent years, breaking records in attendance, ticket demand, and fan engagement. However, this same…

American consumers are getting nervous about inflation again. For now, they’re still spending

Investments and Business

U.S. consumers feeling inflation anxiety, still maintain spending habits

Ava Stringer

United States consumers are increasingly showing unease about the economic situation, especially due to fresh worries over inflation. This feeling signifies an important change following months of rising confidence. A…

Wall Street edges back from its records as a busy week picks up momentum

Investments and Business

Dow nears all-time highs as Wall Street anticipates rate cuts

Ava Stringer

The stock market is experiencing a significant upswing, with the Dow Jones Industrial Average approaching record highs, driven by a broad confidence among investors that the Federal Reserve is likely…

VW introduces monthly subscription to increase car power

Investments and Business

VW introduces new monthly subscription for improved car power

Ava Stringer

Volkswagen has announced a fresh monthly subscription program that enables vehicle owners to increase horsepower as an additional option. This step edges the car manufacturer into a leading position within…

US wholesale prices jump in July as tariffs hit

Investments and Business

July US wholesale prices jump as new tariffs hit

Ava Stringer

Wholesale prices in the U.S. saw a significant increase in July, a movement that economists attribute largely to the effects of new tariffs. The surge in costs for producers, measured…