Business

Barclays: U.S. economy in stall state, 50% recession risk in 2 years  Investing.com A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns  Fortune Moody’s chief economist says some states are in recession  Quartz US recession under Trump is 50-50, warns Barclays  The Telegraph Clouds on the Horizon  Midcoast Villager Source link

Dollar rebounds from slump spurred by Powell’s dovish surprise  Reuters Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.  CBS News Powell’s Rate Cut Signal Reflects Economy’s Delicate Position  The Wall Street Journal Swan Song in the Rockies Makes Music for Markets  Bloomberg.com Wall Street welcomes rate cuts but ignores the risks  Axios Source link

Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm  The New York Times Trump administration halts work on an almost-finished wind farm  NPR Orsted shares sink to record lows after US halts wind farm off Rhode Island  Reuters ISO-NE statement on Revolution Wind stop work order  ISO Newswire Democrats demand Trump resume a major offshore wind project near Rhode Island  AP News …

Key Takeaways Nvidia is set to release its second-quarter results after the market closes Wednesday. Analysts are widely bullish on the chipmaker’s stock, anticipating record sales despite some trade policy headwinds. The company warned it could face an $8 billion hit from China export curbs. Nvidia (NVDA) is set to release its latest quarterly results after the market closes Wednesday, …

Shares in Ørsted hit an all-time low on Monday after the Trump administration ordered Europe’s largest wind power company to stop work on a near complete windfarm. Ørsted’s shares plunged 17%, after it was forced to stop construction on its $1.5bn (£741m) Revolution Wind project off the coast of Rhode Island. The order to down tools came despite the fact …

Perplexity to Let Publishers Share in Revenue from AI Searches  Bloomberg.com Perplexity to give media giants share of AI search revenue — as it faces massive legal pressures  nypost.com Perplexity Launches Subscription Program That Includes Revenue Sharing With Publishers  PYMNTS.com Perplexity AI Rolls Out New Revenue-Sharing Program for Publishers  TipRanks Perplexity To Offer Publishers Share In Revenue From AI Searches: Report  Stocktwits Source link

Key Takeaways Ethereum hits a record high above $4.9K before pulling back, as analysts debate whether a supply shock could fuel the next leg of ETH’s rally. Momentum builds while Bitcoin lags behind. Ethereum [ETH] just smashed through a new ATH, climbing past $4,900 for the first time ever. While Bitcoin [BTC] takes a moment, ETH is stealing the spotlight …

Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Hey, good morning. Today, we see CBER suspend the license for a chikungunya vaccine, look at a push to recall a safety and efficacy study for the antidepressant Paxil, and more. FDA pulls license for chikungunya vaccine The Food and …

Dollar stabilises after slump on Powell’s dovish surprise  Reuters Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.  CBS News Powell’s Rate Cut Signal Reflects Economy’s Delicate Position  The Wall Street Journal Swan Song in the Rockies Makes Music for Markets  Bloomberg.com Wall Street welcomes rate cuts but ignores the risks  Axios Source link

Stock Market Today: Dow falls over 200 points, S&P 500 edge lower, Nasdaq turns positive; investors await Nvidia results this week  MarketWatch Stocks mostly slip after Friday gains; US dollar edges higher  Reuters Stock Market Today: Dow Slides 200 Points; U.S. Open to Taking Stakes in More Companies — Live Updates  The Wall Street Journal Stocks waver on Wall Street after last week’s …