Estimated reading time: 6 minutes Key Takeaways Average U.S. tariff rates now sit between 14.7 % and 22.5 %, levels unseen for decades. Households face an estimated $2,000–$3,800 annual cost increase because of …
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Estimated reading time: 6 minutes Key Takeaways Dining out spending is rising even as travel demand cools. The American Express Q2 2025 earnings report shows 9 % revenue growth fueled by restaurant …
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Estimated reading time: 6 minutes Key Takeaways Equity markets were mixed this week, with the S&P 500 edging higher while the Nasdaq slipped. Inflation stayed stubborn as the Consumer Price Index rose 0.4 percent …
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Estimated reading time: 6 minutes Key Takeaways Lower mortgage rates may increase buying power but can simultaneously inflate house prices when supply is tight. The 30-year fixed mortgage rate hovers …
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Estimated reading time: 6 minutes Key Takeaways Chevron’s $53 billion acquisition of Hess Corporation closed in July 2025. Deal grants Chevron a prized 30% stake in Guyana’s Stabroek Block and boosts its …
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Estimated reading time: 6 minutes Key Takeaways Every eligible newborn from 2025–2028 will receive US$1,000 in a government-funded Trump account. Accounts are custodial until age 18 and can be used …
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Estimated reading time: 4 minutes Key Takeaways Record Q2 revenue of $5.85 billion and a 4.6 % EPS surprise Shares jumped to an all-time high as investors applauded the beat Client assets …
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Estimated reading time: 6 minutes Key Takeaways A coast-to-coast network would emerge, linking Pacific ports directly to Atlantic markets. Regulators at the Surface Transportation Board and Department of Justice hold …
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Estimated reading time: 4 minutes Key Takeaways American Express hit record quarterly revenue and profit, beating analyst estimates. Billed business soared to an all-time high of £416.3 billion, driven by affluent …
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Estimated reading time: 4 minutes Key Takeaways Thirty-year mortgage rates hit a three-week high of 6.81 per cent, pressuring affordability. Every major loan product now prices well above late-June levels, extending a …