States sue to block Trump tariffs
WASHINGTON — Reports from Reuters, AP News, CNBC, PBS NewsHour, and the New York attorney general say a coalition of 24 states has sued to block President Donald Trump’s new…
Used-Car Prices Rise Ahead of Spring
DETROIT — U.S. wholesale used-vehicle prices rose in February as dealers built inventory for a strong spring selling season, according to Cox Automotive’s Manheim Used Vehicle Value Index. The index,…
Berkshire Restarts Buybacks as Abel Buys Shares
OMAHA, Neb., March 6 — Berkshire Hathaway has restarted share repurchases and new CEO Greg Abel bought about $15 million of the conglomerate’s stock, according to disclosures reported by Reuters;…
Nvidia bets on photonics for AI
NEW YORK, March 4, 2026 — Nvidia said it will invest $2 billion each in photonics suppliers Lumentum and Coherent to strengthen optical components for its AI data center chips,…
Mortgage rates dip below 6%
WASHINGTON, Feb. 27 — The average U.S. 30-year fixed mortgage rate slipped to 5.98% this week, the first time below 6% since September 2022, according to Freddie Mac’s Primary Mortgage…
Novo Nordisk cuts Ozempic, Wegovy prices
COPENHAGEN, Feb. 24 – Novo Nordisk said it will cut U.S. list prices for its blockbuster weight-loss drug Wegovy and diabetes treatment Ozempic effective Jan. 1, 2027, lowering the monthly…
U.S. starts 10% import surcharge
WASHINGTON, Feb. 24, 2026 — The United States imposed a temporary 10% import surcharge under Section 122 effective Tuesday, following the Supreme Court’s move to invalidate earlier IEEPA tariffs, Reuters…
Trump raises global tariffs to 15%
WASHINGTON, Feb. 23 — President Donald Trump said he would raise a worldwide import tariff to 15%, expanding a temporary levy announced after the Supreme Court struck down his earlier…
Court Strikes Trump Global Tariffs
WASHINGTON, Feb. 20 — The U.S. Supreme Court on Friday struck down President Donald Trump’s sweeping global tariffs imposed under the International Emergency Economic Powers Act, a 6-3 decision that…
Siemens raises 2026 profit outlook on data-center demand surge
ZURICH — Siemens raised its full-year profit outlook after reporting better-than-expected first-quarter results, driven by AI-related data-center demand, Reuters reported and Defense World noted in an earnings-call recap. Reuters said…