Browsing: Business

US mortgage demand surged to a 3-year high as rates fell to 6.49%, driving a sharp rise in refinancing and home purchase activity, MBA data shows.

Manufacturing layoffs rise as American factories face monthly cost hikes due to tariffs, driving up unemployment and stalling wage growth.

U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.

US biofuel imports hit a 13-year low in 2025 due to tax policy changes and reduced demand for renewable diesel and biodiesel fuels.

US trade deficit widened to $78.3 billion in July as soaring imports of industrial supplies and capital goods outpaced sluggish export growth.

John Deere faces $600M in tariff costs and falling demand, prompting layoffs and a lower profit forecast as farm equipment sales continue to decline.

Trump-backed American Bitcoin debuts on Nasdaq with $5B valuation, signaling rising crypto appetite and ETF-driven institutional interest.

Macy’s stock surged 20% after it reported surprise sales growth and exceeded earnings estimates in Q2, raising its full-year revenue forecast.

Dow fell nearly 250 points on Tuesday as Treasury yields surged and a U.S. court ruling over Trump-era tariffs added legal uncertainty to markets.

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…