Housing market is sending a stark warning to the U.S. economy, Moody’s economist says MarketWatch The Truth About Where Home Prices Are Heading Keeping Current Matters The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says Fortune Moody’s economist fires ‘red flare’ on housing market (XHB:NYSEARCA) Seeking Alpha Housing Market Shows Signs of …
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Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300%
Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was more than the firm had …
Read More »Panasonic Opens World’s Largest EV Battery Plant In The U.S.
Panasonic opened its second battery plant in the U.S. on Monday. It’s located in De Soto, Kansas. Tesla is Panasonic’s largest customer, and local production will help protect the batteries from tariffs and global trade tensions. The 2170 cylindrical cells made in De Soto will have more energy capacity, the company claims. Tesla battery supplier Panasonic Energy on Monday inaugurated …
Read More »E.U. Says Trump’s Threat of 30% Tariffs Would Hobble Trade With U.S. – The New York Times
E.U. Says Trump’s Threat of 30% Tariffs Would Hobble Trade With U.S. The New York Times Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side CNBC EU warns of ‘countermeasures’ after Trump announces 30 percent tariffs The Hill EU warns that its trade with the US could be effectively wiped out if Trump follows through on his threat CNN European trade …
Read More »Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats – MarketWatch
Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats MarketWatch The markets are betting against Trump on the assumption the Fed will rescue them if their call is wrong Fortune Trump’s tariff threats are back. What should you do about your 401(k) and investments? San Francisco Chronicle 3 tips for investors to navigate the market with tariff volatility …
Read More »More U.S. housing markets see falling home prices
A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Over-inflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Annual home price growth in June was just 1.3%, down from 1.6% growth in May …
Read More »Why It Matters If The U.S. Loses The Measles Elimination Status
The U.S. has reported more measles cases in the first half of this year than in any full year since 1992, raising concerns that the country could lose its measles elimination status and undo a 25-year public health victory amid declining vaccine rates. But exactly what does that risk mean and how close is it to really happening? The World …
Read More »Malaysia says trade permit required for AI chips of U.S. origin – Reuters
Malaysia says trade permit required for AI chips of U.S. origin Reuters Malaysia to Require Permits on Trade of High-End US AI Chips Bloomberg.com Malaysia tightens export controls on US-origin AI chips thestar.com.my US blocks AI chip access to China, warning sign for Thailand, Malaysia Nation Thailand Malaysia Tightens Rules on Movement of U.S.-Made AI Chips The Wall Street Journal Source link
Read More »Why Trump can't revoke native-born U.S. citizenship – Axios
Why Trump can’t revoke native-born U.S. citizenship Axios Trump says he’s considering revoking Rosie O’Donnell’s citizenship, reigniting decades-long feud CNN Rosie O’Donnell Scoffs At Donald Trump’s Threat To Revoke Her Citizenship Vanity Fair Ellen DeGeneres Supports Rosie O’Donnell After Donald Trump Threatened to Revoke Her U.S. Citizenship People.com Trump threatens to strip Rosie O’Donnell of U.S. citizenship. The New York Times Source link
Read More »French wine and cheese makers say U.S. tariffs would hit hard – Reuters
French wine and cheese makers say U.S. tariffs would hit hard ReutersView Full Coverage on Google News Source link
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