Databricks Valuation Soars Toward $100 Billion as AI Rivalry with Snowflake Intensifies

Databricks is closing in on a blockbuster funding round that could value the company at $100 billion, marking a dramatic rise of more than 60% from its last valuation in … Read more

July Jobs Report Sends Shockwaves Through U.S. Labor Market

The July jobs report delivered a sobering view of the U.S. labor market, with only 73,000 jobs added—far below the 105,000 expected. Payroll gains for May and June were sharply … Read more

New York Faces Rising Inflation as Housing and Energy Costs Soar

Inflation in the New York metropolitan area is outpacing the national average, according to new economic data released Tuesday by the Bureau of Labor Statistics. The latest Consumer Price Index … Read more

Las Vegas Tourism Hit as Canadian Visitors Pull Back Over Tariff Tensions

The glittering lights of Las Vegas continue to draw millions of visitors each year, but recent data suggests the city is now facing a downturn in one of its most … Read more

Stock Market Shaken by Weak Jobs Data and Trump’s Tariff Shock

Stocks witnessed a dramatic tumble as August began, with Wall Street shaken by weaker-than-expected U.S. jobs data and a sudden rise in tariff rates announced by President Donald Trump. The … Read more

Trump Turns Up the Heat as Fed Faces Crucial Interest Rate Test

As the Federal Reserve prepares to announce its interest rate decision on July 30, all eyes turn to Chair Jerome Powell amid renewed pressure from President Trump to slash borrowing … Read more

Trump’s Trade Tsunami Hits Canada with Crushing Tariff Threat

In a bold shift shaking global trade ties, President Donald Trump has imposed a 35% tariff on Canadian goods, marking the harshest rate among key allies. Announced on July 10, … Read more

EU Fires Back as US Tariff Heat Rises Without a Trade Deal

As tensions mount across the Atlantic, the European Union has boldly signaled its intent to strike back if no trade deal with the United States is finalized by August 1. … Read more

Wall Street Smoke: NYC Financier Hit for ‘Fake News’ Stock Boost Trick

In a striking turn of events, Medallion Financial Corp. and its president, Andrew Murstein, have been fined a combined $4 million for secretly planting fake news articles to boost the … Read more

European Stock Markets and Inflation: Navigating the 2025 Landscape

As we shift our focus to the European markets, the interplay between inflation trends and stock market performance presents a complex yet insightful narrative. Understanding these dynamics is crucial for … Read more