Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles
The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.
Business
AI can make anyone rich: Mark Cuban says it could turn ‘just one dude in a basement’ into a trillionaire
The billionaire Shark Tank star and former Dallas Mavericks owner is a dedicated AI user.
The world could get carved up into these 3 blocs as Trump tariffs fuel deglobalization. Here’s which side each country might join
Wells Fargo sketched out a hypothetical scenario where the world is divided into three trading blocs led by the U.S., China, and the EU.
U.S. tariffs will return to ‘Liberation Day’ levels on Aug. 1, if no trade deals are reached by then, Bessent says
"We are saying, this is when it's happening. If you want to speed things up, have at it. If you want to go back to the old rate, that's your choice."
Southwest’s CEO says he picks up trash and serves snacks when flying and shares advice from the airline’s legendary cofounder
"I don’t want to be crawling over people, so I tend to sit on the aisle so I can get out and do stuff."
Death toll in Texas flash floods nears 70 as sheriff says 11 campers remain missing
AccuWeather said the private forecasting company and the National Weather Service sent warnings about potential flash flooding hours beforehand.
Desperate search for two dozen missing girls from summer camp after Texas floods kill at least 24
The destructive fast-moving waters along the Guadalupe River rose 26 feet in just 45 minutes before dawn Friday, washing away homes and vehicles.
ECB’s Makhlouf says euro not ready to challenge dollar’s role
“These opportunities to actually increase the standing of the EU, to strengthen its sovereignty and autonomy matter, and they need to be taken.”
OPEC+ to ramp up oil output even higher in August with eye on market share
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
