India-Pakistan Tensions Escalate Following Air Strikes
On Wednesday, India and Pakistan found themselves in the midst of a severe escalation after Indian forces launched air strikes on Pakistani territories, followed by [more…]
Credit Suisse Unit Pleads Guilty to $510M Tax Evasion Fine
A Credit Suisse unit, Credit Suisse Services, has pleaded guilty to U.S. charges of helping ultra-wealthy Americans evade taxes, agreeing to pay a hefty fine [more…]
U.S. Services Growth Amid Inflation Pressures from Tariffs
The U.S. services sector showed growth in April, with the Institute for Supply Management (ISM) reporting a rise in its nonmanufacturing purchasing managers index (PMI) [more…]
GasBuddy Refutes Trump’s Claims on Record Low Gas Prices
Trump’s Gas Price Claims Contradicted by GasBuddy Data GasBuddy, a company that tracks fuel costs across the United States, has refuted President Trump’s claims of [more…]
CVS Health Beats Q1 Expectations Despite Insurance Challenges
Strong Q1 Performance Drives CVS Stock Up 7% CVS Health (CVS) reported stronger-than-expected earnings for the first quarter of 2025, with shares rising 7% in [more…]
US Economy Shows Weakest Growth Since 2022 Amid Trade Wars
The U.S. economy had its worst quarter since 2022, with gross domestic product (GDP) shrinking at an annualized rate of -0.3% in the first quarter, [more…]
India-Pakistan Tensions Escalate: Military Action Looming?
Tensions between India and Pakistan have escalated significantly after Pakistan claimed to have “credible intelligence” that India intends to carry out a military action against [more…]
Americans Turn to BNPL Loans for Groceries Amid Economic Strain
The Rise of Buy Now, Pay Later Loans for Groceries A growing number of Americans are increasingly turning to Buy Now, Pay Later (BNPL) loans [more…]
U.S. Consumer Giants Warn of Slowdown Due to Tariffs
U.S. consumer giants are sounding alarms over a slowdown in consumer spending, as tariffs and economic uncertainty weigh heavily on the market. “Relative to where [more…]
Tariffs, Trade Wars, and Consumer Slowdown Affecting Businesses
U.S. companies are facing significant challenges as President Donald Trump’s tariff policies continue to put pressure on businesses and consumers alike. Several companies have slashed [more…]
