US economy

Trade War Hits U.S. Supply Chains: What You Need to Know

News Summary The ongoing trade war between the U.S. and China is causing significant disruptions in supply chains, with major…

2 hours ago

Federal Judge Orders Apple to Open Up App Store

News Summary A federal judge has ruled that Apple must allow third-party payment options in its App Store, marking a…

2 hours ago

Oil Prices Steady after Saudi Arabia Signals Output Increase

News Summary Oil prices have steadied following a significant drop earlier this week, with Brent crude closing at $63.12 and…

2 hours ago

Big Changes at Tesla: Is a New CEO on the Horizon?

News Summary Tesla is reportedly searching for a new CEO to possibly replace Elon Musk as the company faces declining…

2 hours ago

U.S. Economy Faces Unprecedented 0.3% Contraction

News Summary The U.S. economy has experienced a surprising contraction of 0.3% in the first quarter of 2025, marking its…

3 hours ago

Amazon Launches 27 Satellites for Project Kuiper

News Summary Amazon has launched its first batch of 27 satellites into low-Earth orbit as part of Project Kuiper, aiming…

1 day ago

Trump Signs Executive Order to Reduce Auto Tariffs

News Summary President Donald Trump has signed an executive order to ease certain auto tariffs, including a new 25% tariff…

1 day ago

Meta Unveils New AI Chatbot and Llama API at Developer Conference

News Summary At LlamaCon, Meta launched its innovative AI chatbot and the Llama API to streamline development for creators. The…

1 day ago

Amazon’s Tariff Plans Face Presidential Criticism

News Summary Amazon recently faced scrutiny over proposed tariff displays on its lower-cost shopping platform, Amazon Haul. This sparked a…

1 day ago

Fortune Media Updates Digital Advertising Compensation Policy

News Summary Fortune Media IP Limited has announced significant changes to their digital advertising compensation policy, effective in 2025. Key…

2 days ago