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Business News

Location American Business News for 1 August 2025
Trump hits dozens more countries with higher tariffs that start Aug. 7 President Donald Trump late Thursday stuck to his Friday deadline for hitting Canada with higher tariffs, but he gave a one-week delay to other trading partners that had received letters from him, while also announcing s...
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The stock remains an AI "show me" story.
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Apple's earnings were good, but the initial stock move implies Wall Street is wary Apple's stock was up modestly despite a big beat, suggesting that concerns about AI and regulatory matters could limit upside.
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Trump urges Fed board to 'assume control' if Jerome Powell doesn't slash rates soon President Trump took fresh aim at the chairman following the central bank's decision to keep interest rates unchanged.
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Amazon's stock is falling, as this trend from earnings has investors worried AWS didn't see the same growth acceleration as its cloud rivals, raising questions about the returns on Amazon's high AI spending.
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India Reels From the Shock of Trump's Onslaught

The New York Times - 1 Aug 2025 15:58
India Reels From the Shock of Trump's Onslaught Russian oil poses just one problem. Business groups are flummoxed by the variety and vagueness of the American president's complaints.
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Weak Jobs Report Raises Chances of a September Interest Rate Cut The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.
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OpenAI Raises Another Funding Deal, From Dragoneer, Blackstone and More The venture capital round values the ChatGPT maker at $300 billion, and underscores the fierceness of the A.I. money race.
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Trump Slaps Brazil and Canada With 50% and 35% Tariffs; Mexico Gets Breathing Room President Donald Trump finally made tariffs against Brazil official, slapping the South American nation with a 50% levy on imports. In the same way, Trump also announced 35% tariffs on Canada, the U.S.’s second-largest...
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Gov. Newsom proposes that electric customers and utility shareholders pay another $18 billion to shore up a $21 billion state fund for wildfire victims
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Coinbase Unveils 'Everything Exchange' Plan to Bridge Crypto, Derivatives, Equities Coinbase is unleashing its vision for the everything exchange, merging millions of tokens, derivatives, and equities into one onchain platform set to redefine global finance. Everything Exchange Vision Unveiled as Coinba...
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SEC Pledges Full-Scale Crypto Reform Aligned With White House Priorities The SEC is committed to sweeping new crypto regulations with full federal backing, aiming to future-proof innovation and solidify U.S. dominance in the digital asset economy. SEC Commits to Building Future-Proof Crypto R...
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Trump fires lead official on economic data as tariffs cause market drop The move comes as a weaker-than-expected jobs report stoked fears about tariffs.
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Big Box Store Sam's Club Joins IndyCar's Andretti Global Racing Retail membership pioneer and "Big Box" story Sam's Club has joined forces with IndyCar's Andretti Global driver Kyle Kirkwood at Nashville Superspeedway on August 31.
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Strategy expands STRC offering twice in two weeks

Coin Telegraph - 1 Aug 2025 23:41
Strategy expands STRC offering twice in two weeks The company continues to accumulate BTC through corporate equity and debt offerings, but class action lawsuits against Strategy are mounting.
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Meta dishes out $250M to lure 24-year-old AI whiz kid: 'We have reached the climax of 'Revenge of the Nerds' Meta has reportedly paid out more than $1 billion in recent months to build an all-star roster of AI talent.
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Michael Cardozo, 84, New York City's Longest-Serving Chief Lawyer, Dies As the city's corporation counsel under Mayor Michael Bloomberg, he defended stop-and-frisk policing and a ban on smoking in bars and restaurants.
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7 Effective Sales Approaches to Boost Closing Rates

Small Business Trends - 1 Aug 2025 23:31
7 Effective Sales Approaches to Boost Closing Rates Discover effective sales approaches that can transform your selling strategy. Learn key techniques and tips to engage customers, boost conversions, and enhance your sales performance.
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Ahead of Trump's Trade Deadline, Firms Rushed Goods Out of Duty-Free Warehouses By keeping inventory in bonded warehouses or foreign trade zones, importers were able to hedge the tariff rate they ultimately paid.
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Qubic's 'Warming up the Engines' Report Details 51% Strategy Ahead of Showdown With Monero Qubic has released a detailed mining report just two days before its expected 51% dominance attempt on the Monero network, laying out earnings, network influence, and strategic intent. Qubic Lays out 51% Plan In the Epoc...
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Engineering students build innovative 3D-printed drone that can switch between water and air The device could change how we think about search and rescue missions and ocean research.
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U.S. job growth stalled in July, with just 73,000 jobs added. Also, employment numbers for May and June were lowered, prompting President Trump to fire the commissioner overseeing the agency that reports unemployment dat...
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