Strong performance of core businesses gives cover to blowout AI investments—for now.
Month: July 2025
Figma Is Largest VC-Backed American Tech Company IPO in Years
At more than $19 billion, the design-software company’s initial market cap priced well above its private…
Four charts show how the condo market is floundering
More condos are on the market, and units are taking longer to sell.
Eurozone Proves Robust as Joblessness Stays at Record Lows
The jobless rate stood at 6.2% in June, unchanged from a revised May estimate and matching…
South Africa’s central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing global uncertainty
The central bank cut its main repo rate by a quarter percentage point as inflation remains…
Someone has to pay the skyrocketing tariffs the U.S. is collecting on imports—and companies say some of the burden will fall on consumers
Someone has to pay the skyrocketing levies the U.S. is collecting on imports—and companies say some…
U.S.-Canada Trade Talks Dealing With Aluminum-Tariff Levels, Bessent Says
The Treasury secretary’s comments signaled possible relief for Canada’s aluminum sector.
Fentanyl fueled the worst drug crisis the West has ever seen. Now, an even more dangerous drug is wreaking havoc faster than authorities can keep up.
Ultrapotent synthetics, mostly from China, are easy to smuggle and mix into heroin, recreational drugs and…
Shortly after Shane Tamura was identified as the shooter at the NFL’s Park Avenue headquarters, investigators found a clue to his potential motive: He believed he had CTE
CTE, caused by repeated head trauma, has prompted a reckoning at all levels of football. The…
Heard on the Street: UnitedHealth’s returning CEO, Stephen Hemsley, is lowering expectations, but perhaps not enough
Returning CEO Stephen Hemsley is lowering expectations, but perhaps not enough.