Business

China’s Economy Grows Steadily Despite Trump’s Tariffs  The New York Times Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs.  Barron’s China posts better-than-expected Q2 growth in face of Trump tariffs  CNN China’s economy beats expectations in face of Trump’s trade war  The Guardian China growth beats expectations as Trump tariffs loom  BBC Source link

BlackRock’s Assets Surge Past $12 Trillion  The Wall Street Journal BlackRock’s assets hit record $12.53 trillion on second-quarter market rally  Reuters BlackRock Hits Record $12.5 Trillion Despite Tariff Turmoil  Bloomberg BlackRock’s second-quarter profit rises on market momentum  Yahoo Finance BlackRock Inflows, Hit by Single Client, Miss Expectations  Barron’s Source link

China’s economy grows by 5.3% in first half despite Trump’s trade war  The Washington Post China’s Economy Grows Steadily Despite Trump’s Tariffs  The New York Times China growth beats expectations as Trump tariffs loom  BBC China’s economy beats expectations in face of Trump’s trade war  The Guardian China’s economy slows as consumers tighten belts, US tariff risks mount  Reuters Source link

Bitcoin Price, XRP Drop After Crypto Rally. Here’s Why.  Barron’s Bitcoin tops $120,000 for the first time  CNN What is the US’s Crypto Week? Why has Bitcoin hit a record high?  Al Jazeera Bitcoin Price Soars Past $120,000 at Outset of House’s ‘Crypto Week’  The New York Times Bitcoin becomes world’s fifth-largest asset by market cap, surpassing Amazon as price hits $122,000  The Block Source …

For Big Banks, the Trump Era Is Proving Profitable Thus Far  The New York Times Investment banking set to extend worst run in over a decade  Financial Times JPMorgan, BlackRock Ease On Earnings; Dimon Sees Strengths And Risk  Investor’s Business Daily Want to Know Where the Economy Is Headed? Look at These Banks  The Wall Street Journal Big Banks’ Modest Earnings Outlook Opens Door …

Trump Live Updates: Pittsburgh A.I. Summit, Ukraine Weapons, Mass Layoffs and More  The New York Times A $75B investment is coming to Pa. Here’s what tech and energy leaders are saying before the Pittsburgh summit.  Pittsburgh Post-Gazette Pittsburgh event featuring Trump, Shapiro to tout $70B in energy, AI investments across Pa.  TribLIVE.com Trump attending major energy and AI summit today at Pittsburgh’s Carnegie …

Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company …

Today Apple announced a new commitment of $500 million with MP Materials, the only fully integrated rare earth producer in the United States. With this multiyear deal, Apple is committed to buying American-made rare earth magnets developed at MP Materials’ flagship Independence facility in Fort Worth, Texas. The two companies will also work together to establish a cutting-edge rare earth …

JPMorgan CEO Jamie Dimon warned that President Trump’s trade policies pose “significant risks” to the US economy — even as the bank announced second quarter profits that were once again boosted by its trading. Dimon, at the helm of JPMorgan for nearly two decades, reiterated that the commander-in-chief’s tariff plans could upend growth, while praising the passing of Trump’s Big …

WASHINGTON (AP) — JPMorgan’s second-quarter profit fell to $15 billion in second quarter, but the New York bank beat Wall Street expectations. CEO Jamie Dimon on Tuesday touted another strong performance by the bank, particularly its markets division, where revenue rose by 15% to $8.9 billion. JPMorgan earned an adjusted $5.24 per share in the period, beating the $4.48 analysts …