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ECONOMY
Panasonic Plans Significant Workforce Reduction Amid Profit Forecasts

Panasonic announces a workforce reduction of 10,000 employees while expecting a significant profit increase in its battery division.

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ECONOMY
Trump Advocates for Higher Taxes on Wealthy Americans in GOP Tax Package

Trump revives the push for taxing the wealthy, proposing changes that may reshape GOP tax policy amidst internal party debates.

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ECONOMY
Bitcoin Surpasses $100,000 Amid US-UK Trade Deal Optimism

Bitcoin crosses $100,000 for the first time since February, fueled by a US-UK trade agreement easing trade tensions.

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ECONOMY
Toyota Forecasts Significant Profit Decline Amid Tariff Pressures

Toyota forecasts a 21% drop in profits for fiscal 2025 due to U.S. tariffs and an appreciating yen, highlighting the impact of trade relations on the auto industry.

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ECONOMY
Federal Reserve Holds Interest Rates Steady Amid Trump's Criticism

The Federal Reserve maintains interest rates while facing mounting pressure from President Trump, who calls chair Powell a "fool" over rate policies.

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ECONOMY
FTX lawsuit against Tom Brady, Stephen Curry, and others narrowed by judge's ruling

A federal judge has narrowed the FTX lawsuit against celebrities like Tom Brady and Stephen Curry, allowing only some claims to proceed.

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ECONOMY
Global shares rise on trade deal optimism, dollar maintains gains post-Fed meeting

Markets rise on trade deal hopes and dollar strengthens following Federal Reserve's latest meeting outcomes.

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ECONOMY
Airlines React to Escalating India-Pakistan Conflict with Flight Cancellations and Reroutes

Airlines are adjusting their flight paths and canceling services in response to the escalating India-Pakistan conflict.

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ECONOMY
US Federal Reserve Pauses Rate Cuts Amidst Uncertainty Over Tariffs

The US Federal Reserve pauses rate cuts, citing uncertainties linked to Trump's tariffs, amidst rising inflation and unemployment risks.

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ECONOMY
Trump Administration Proposes Elimination of Energy Star Program Amid EPA Reorganization

The Trump administration plans to eliminate the Energy Star program, impacting consumers and energy costs.

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