Today's Top Business News
Welcome to our business news section, where we bring you the latest headlines and in-depth articles on the business world. Stay informed and engaged with current events and trends shaping the industry today.
- 2 July 2025
Trump announces US-Vietnam trade deal - BBC
The US plans to charge 20% tariffs on Vietnamese goods - less than half the rate set to go into effect next week. - 2 July 2025
In a big bill that hurts clean energy, residential solar likely to get hit fast - AP News
Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts. The legislation targets incentives like the 30% residential solar tax credit extended by the Inflation Reduction Act. Business leaders … - 2 July 2025
Trump's deportations are hurting Constellation Brands' beer sales - CNBC
The brewer, which owns Modelo, Corona and Pacifico, says that roughly half of its beer sales come from Latinos in the U.S. - 2 July 2025
Oracle, OpenAI Expand Stargate Deal for More US Data Centers - Bloomberg
OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial intelligence products. - 2 July 2025
Fed Chair Should Be Investigated by Congress, FHFA Head Says - Bloomberg.com
Bill Pulte, who leads the Federal Housing Finance Agency, called on Congress to investigate Federal Reserve Chair Jerome Powell, alleging that his recent testimony to the Senate about the central bank’s planned renovations to its headquarters was “deceptive.” - 2 July 2025
Stellantis Has A New Leader In North America And He's Bringing Back SRT - Jalopnik
Kuniskis was just made the head of American brands and North American marketing and retail strategy. His first order of business? Bringing back SRT. - 2 July 2025
Xbox Hit With Layoffs and Game Cancellations as Microsoft Cuts 9,000 Jobs - WIRED
“These changes come at a time when we have more players, games, and gaming hours than ever before,” said Xbox head Phil Spencer in an email to staff. - 2 July 2025
Whether you're driving or flying, here are travel tips for the Fourth of July weekend - NPR
AAA anticipates that a record 72.2 million people will travel this holiday weekend. Here's how to prepare if you're one of them. - 2 July 2025
The U.S. dollar has fallen to its lowest value since 1973. Here's what that means. - NBC News
President Donald Trump wants the U.S. to increase its exports and lower its imports. - 2 July 2025
Heathrow airport shutdown: Five key takeaways from report into fire - BBC
A report into a fire that resulted in Heathrow Airport shutting down for nearly a day has been released - what are the key findings? - No Image Available2 July 2025
Bank of America sends bold message on looming jobs report - TheStreet
- No Image Available2 July 2025
Centene Stock Plummets 40%. What Sparked the Brutal Selloff. - Barron's
- 2 July 2025
Breakfast lovers praise cheaper eggs at Waffle House - AOL.com
(The Center Square) – Breakfast lovers are rejoicing at a beloved restaurant chain's decision to remove an egg surcharge, which could also indicate the natio... - 2 July 2025
Jeff Bezos and Lauren Sánchez’s wedding: What you didn’t see, the drama, surprise moments, and Jessica Alba Winning ‘Best Dancer’ - HOLA
Everything that happened at the most extravagant celebration of love we've seen all summer - 2 July 2025
New Intel CEO Tan Considers Costly Manufacturing Changes, Report Says - Investopedia
Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could cost Intel billions, according to Reuters. - 2 July 2025
Cloudflare just changed the internet, and it's bad news for the AI giants - ZDNET
The era of unrestricted AI crawling appears to be ending - well, at least for the fifth of the internet that flows through Cloudflare's pipes. - 2 July 2025
ADP National Employment Report: Private Sector Employment Shed 33,000 Jobs in June; Annual Pay was Up 4.4% - PR Newswire
/PRNewswire/ -- Private sector employment shed 33,000 jobs in June and annual pay was up 4.4 percent year-over-year, according to the June ADP National... - 2 July 2025
Mortgage refinance demand surges, as interest rates drop further - CNBC
Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates. - 2 July 2025
Amazon Prime Day 2025: Incredible Deals Already Available and Everything You Need to Know - CNET
Amazon Prime Day kicks off in full next week, but the deals have already begun. - 2 July 2025
Amazon deploys its 1 millionth robot in a sign of more job automation - CNBC
Amazon announced its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model. - 2 July 2025
10-year Treasury yield remains higher despite weak ADP jobs report - CNBC
ADP private payrolls data showed a decline of 33,000 jobs in June. Economists were expecting a gain of 100,000 jobs, according to Dow Jones. - 2 July 2025
Lululemon: Costco Is Ripping Us Off - Newser
Athletic wear company sues the wholesaler over lookalike articles of clothing - 1 July 2025
Federal Reserve chair sends strong message on July interest rate cut - TheStreet
Jerome Powell joins other central bank leaders at the Sintra Conference. - 1 July 2025
Figma is going public - The Verge
Figma, the collaborative interface design platform, has filed for an IPO nearly three years after Adobe attempted to acquire the company for $20 billion. - 1 July 2025
Why Is Robinhood Building on Arbitrum Instead of Solana? - Decrypt
A Kraken spokesperson told Decrypt that the company is working to bring xStocks to chains beyond Solana. - 1 July 2025
Sam Altman Slams Meta’s AI Talent-Poaching Spree: ‘Missionaries Will Beat Mercenaries’ - WIRED
“What Meta is doing will, in my opinion, lead to very deep cultural problems,” said OpenAI CEO Sam Altman in a leaked memo sent to OpenAI researchers.