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Financial Markets

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U.S. stock markets diverge as economic data disappoints
Wall Street ends mixed after disappointing ADP report

NEW YORK, New York -  U.S. stocks were mixed Wednesday as investors and traders grappled with the ADP report, which revealed payrolls...

Costco delays imports to dodge tariffs, won’t raise prices yet
Costco misses revenue estimates but holds off on price hikes

ISSAQUAH, Washington: Costco is feeling the pinch from tariffs and soft consumer spending, missing Wall Street's revenue expectations...

U.S. stock markets close higher as techs surge
Dow Jones adds 214 points as U.S. stocks rally

NEW YORK, New York - U.S. stocks closed higher on Tuesday as the markets continues to ebb and flow on prouncements and moves by the...

U.S.-China tensions flare again as Trump threatens tougher stance
Trump accuses China of violating Geneva trade truce on tariffs

WASHINGTON, D.C.: Tensions reignite in the U.S.-China trade truce after President Donald Trump accused Beijing of violating a recent...

Investors stare down trade tensions, soft factory data, oil rally
U.S. and global economies facing challenging times

NEW YORK CITY, New York: Weak U.S. manufacturing data, renewed tariff concerns, and rising oil prices are giving investors plenty to...

India’s March quarter GDP accelerates to 7.4%, defying annual trend
India's annual GDP growth slows to 6.5%, lowest in four years

NEW DELHI, India: India's economy hit a four-year low of 6.5 percent, lifted by an impressive fourth-quarter growth at 7.4 percent....

Technology

Section
TikTok asks Ireland High Court to halt data ban to China
TikTok challenges Ireland's ruling on data transfers to China

DUBLIN, Ireland: TikTok is asking the High Court to stop a decision that could block the transfer of user data to China within six...

Amazon to use New York Times content to train Alexa AI
New York Times strikes first AI licensing deal with Amazon

SEATTLE, Washington: Amazon has struck a significant deal with The New York Times to license its journalism for use in AI tools like...

Texas bill targets app store access for minors, awaits governor’s nod
Texas set to require age checks on Apple and Google app stores

SAN FRANCISCO, California: Texas is set to become the first major U.S. state to require Apple and Google to verify the age of users...

Musk unleashes another attack on Trump's spending legislation
Musk unleashes another attack on Trump's spending legislation

By Reena Bhardwaj Washington, DC [US], June 5 (ANI): Tesla chief executive Elon Musk has unleashed yet another assault on US President...

Arming Kiev could count as NATO defense spending Euractiv
Arming Kiev could count as NATO defense spending  Euractiv

Western officials have called the Ukraine conflict a proxy war against Russia NATO members could formally include weapons supplies...

Starlink to launch satellite network service in South Korea
Starlink to launch satellite network service in South Korea

Seoul [South Korea], June 4 (ANI): Elon Musk's SpaceX will launch Starlink satellite internet service in South Korea, following the...