Deutsche Bank posts 39% jump in profit, lifts credit provisions amid U.S. tariffs uncertainty
German banks stand to benefit as the country's political environment settles under the potential stewardship of a centrist coalition.
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UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates
United Parcel Service reported a first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the parcel giant looks to trim costs.
Novartis posts better-than-expected first-quarter sales, raises full-year guidance
Swiss pharmaceutical firm Novartis on Tuesday reported better-than-expected first-quarter sales and raised its full-year guidance.
Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee
Executive Branch held a launch party that included members of President Donald Trump's administration as well as wealthy CEOs, tech founders and policy experts.
Temu adds 'import charges' of about 145% after Trump tariffs, more than doubling price of many items
Temu, which sold customers on the ability to "shop like a billionaire" started adding "import charge" to orders in response to Trump's tariffs on China.
Empty shelves, trucking layoffs lead to a summer recession in Apollo's shocking trade fight timeline
U.S. consumers could start to notice trade-related shortages in their local stores next month, according to Apollo.
NFL's Washington Commanders return to D.C. in $3.7 billion stadium deal
The Washington Commanders will return to the District of Columbia and redevelop their former RFK Stadium campus, the team announced.
Wealthy consumers upped their spending last quarter, while the rest of America is cutting back
American Express and JPMorgan Chase, both of which cater to wealthier users with higher credit scores, saw spending increase to start 2025.
Corporate sponsors are backing away from LGBTQ+ Pride organizations
Companies that were once loud and proud in sponsoring LGBTQ+ community celebrations are pulling back their funds amid an uncertain time for Pride organizations.
German fiscal boost won't outweigh tariff drag for euro zone, IMF's Europe head says
Following downgrades to its growth outlooks for the U.S., U.K. and many Asian countries, the International Monetary Fund last week cut its euro zone forecast.