Browsing: Business

The U.S. job market is showing renewed signs of weakness, with middle-class manufacturing employment facing mounting pressure amid high operating costs and subdued hiring. Recent government data and industry assessments highlight a sharp decline in factory job creation, closely linked

U.S. federal agents detained nearly 500 workers in a large-scale immigration raid at Hyundai Motor Group’s electric vehicle and battery complex in Ellabell, Georgia, marking the country’s largest single-site enforcement action in recent years. The operation, carried out on September

Canada’s merchandise trade deficit narrowed to CAD 4.94 billion in July 2025, down from a revised CAD 5.98 billion in June, according to data released by Statistics Canada. The improvement was driven by higher exports, particularly to the United States,

U.S. President Donald Trump said Friday that his administration will impose new tariffs on semiconductor imports from companies that do not shift their manufacturing operations to the United States. The move, revealed during a White House dinner with technology executives,

Billionaire investor Ray Dalio has warned that the United States is showing signs of a potential slide toward autocracy as it faces mounting economic and political pressures. In a series of public remarks this week, the founder of Bridgewater Associates

Macy’s Inc. shares soared 20 percent on Tuesday after the department store chain delivered second-quarter results that beat Wall Street expectations and posted its first increase in comparable sales in three years. The New York-based retailer also raised its full-year

U.S. spirits giant Brown-Forman reported a sharp 62 percent decline in Canadian sales of its flagship brand Jack Daniel’s, attributing the drop to a widespread boycott of American alcoholic beverages across Canada. The impact, disclosed during the company’s quarterly earnings report on August

Best Buy Co. Inc. reported stronger-than-expected earnings for its fiscal second quarter on Wednesday, with revenue and profits exceeding Wall Street estimates as demand for technology products showed signs of stabilizing. Despite the improved performance, the company maintained its full-year

Amtrak has launched its new generation of high-speed Acela trains, introducing upgraded passenger rail service on the Northeast Corridor for the first time in more than two decades. The NextGen Acela fleet began operations on August 28, offering increased capacity

Bitcoin fell sharply on August 26, dropping below $110,000 for the first time in over six weeks, as a broader sell-off gripped global cryptocurrency markets. The decline was accompanied by a wave of liquidations and substantial outflows from digital asset