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European Commission President Ursula von der Leyen said she will travel to Scotland this weekend to meet with US President Donald Trump, as the two sides aim to conclude a trade deal ahead of an Aug. 1 deadline when 30% tariffs on the bloc’s exports are otherwise due to kick in.
After months of talks and shuttle diplomacy between Brussels and Wash...

Microsoft Corp. said a Chinese hacking group is exploiting security vulnerabilities in the company’s SharePoint servers to deploy ransomware, following a cyberattack discovered last week that has affected hundreds of entities around the world. The group, which Microsoft has named Storm-2603, has a history of waging ransomware attacks, which use malicious software to lock down computers and render them inoperable. Ransomware g...

Donald Trump downplayed jostling with Federal Reserve Chairman Jerome Powell over cost overruns during a tour of the central bank’s renovation project, even as he used the interaction to again push for lower interest rates.

After a tour that saw Trump and Powell publicly trade barbs over the cost of the project, Trump maintained there was no tension with the Fed chief and indicated that problems with the project probab...

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President Donald Trump and Federal Reserve Chairman Jerome Powell clashed over the central bank’s renovation project during a tour of the construction site on Thursday.

The pair spoke to reporters during a visit to oversee the restoration work being done at the central bank’s headquarters, with the president and the c...

American real estate firm Brown Harris Stevens believes that despite recent political noise, New York remains one of the most resilient markets in the world. The company says buyers are tracking listings closely, waiting for movement, and responding quickly to value. Even modest price adjustments are sparking renewed interest, with previously quiet listings drawing multiple full-price offers.

Louise Phillips Forbes is a top ...

Tesla fell short of Wall Street’s expectations in one of the automaker’s worst quarters in years, a sign of the toll that rising competition and a backlash against Chief Executive Officer Elon Musk have taken on the company. Adjusted earnings were 40 cents per share, Tesla said Wednesday in a statement, just below the average analyst estimate. Revenue fell 12% to $22.5 billion, the sharpest decline in at least a decade....

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Tesla Inc. fell short of Wall Street’s expectations in one of the automaker’s worst quarters in years, a sign of the toll that rising competition and a backlash against Chief Executive Officer Elon Musk have taken on the company.

Adjusted earnings were 40 cents per share, Tesla said Wednesday in a statement, just below the average analys...

Ballast Rock Asset Management, the $600 million registered investment advisor, sees interest rates staying higher for longer in the United States. The firm says multifamily technical indicators remain strong relative to other real estate asset classes with new-unit deliveries in 2026 expected to be half of the 10-year average, while the capacity to support higher rents remains robust after years of wage growth.

Thomas Carrol...

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Stocks are at all-time highs. Chatter on WallStreetBets is surging. Retail traders are flooding into low-priced shares.

It’s not 2021, and the shares of the moment aren’t GameStop Corp., AMC Entertainment Holdings Inc. or the now-bankrupt Bed Bath & Beyond. In 2025’s meme stock mania, the companies du jour are Opendoor Technolo...

US President Donald Trump has threatened to impose 30% tariffs on European Union goods. Brussels says it still wants to negotiate, but it is also reportedly preparing a plan in case of no deal. Could the EU mount a meaningful response? Yes, by targeting US services, where America runs a trade surplus.

The challenge: getting key EU member states to overcome fears of provoking a broader escalation.
Darragh O’Brien, M...

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The start of a busy week for Corporate America saw stocks giving up most of their gains, with traders looking for signs of resilience in earnings amid tariff risks. Treasury yields fell alongside the dollar.

While the S&P 500 closed above 6,300 for the first time, the equity benchmark rose just 0.1%. Energy shares joined a decline in oil amid li...

It was big week for Huntington Bancshares, which agreed to buy Veritex Holdings for $1.9 billion in stock, expanding its presence in Dallas, Fort Worth and Houston. The acquisition is aimed at accelerating Huntington's organic growth initiatives in high-growth Texas markets. Meanwhile the Ohio-based lender also reported strong quarterly earnings, reflecting growth in loans and deposits, sustained strong revenue and profit grow...

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President Donald Trump signed the first federal bill to regulate stablecoins, hailing it as a “giant step to cement American dominance of global finance and crypto technology” and delivering a major victory for the digital asset industry.

“The Genius Act creates a clear and simple regulatory framework to es...

A few years ago, Tiffany & Co. began offering a limited edition Patek Philippe Nautilus 5711 with a dial in the jeweler’s signature robin’s-egg blue. Patek crafted 170 of them, a tribute to the number of years the brands had worked together. Tiffany’s hope was that the buzzy timepiece would help attract – and retain – high-end shoppers who weren’t already regular customers.

Yet the Blu...

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While rival media companies are unloading assets and cutting costs, Netflix Inc. continues to thrive.
The owner of the world’s most popular paid streaming service on Thursday reported second-quarter results that exceeded investor expectations in every major metric, saying revenue grew to $11.1 billion and earnings jumped t...

Pittsburgh International Airport is in the midst of a transformation aimed at meeting the needs of the Pittsburgh region through a $1.7 billion modernization comprised of a new terminal, new parking complex and extensive improvements to existing facilities. This project has generated billions of dollars for the region as well as 14,300 jobs.

Christina Cassotis, CEO of the Allegheny County Airport Authority, which is the agen...

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President Donald Trump denied he is seeking to remove Federal Reserve Chair Jerome Powell, after raising the idea in a closed-door meeting with congressional Republicans that leaked to the media.
“No, we’re not planning on doing anything,” Trump told reporters on Wednesday. He later added, “I don’t rule out a...

AXIS is a global specialty commercial insurer that covers risks for businesses that can’t normally obtain standard insurance coverage. The commercial reinsurer boasts customers spanning a range of industries. Examples of the specialty coverage lines at AXIS include property, casualty, cyber, marine, energy, accident & health, sports insurance, terrorism, aviation, as well as coverage for the directors and officers of comp...