Wall Street experienced a major selloff as weak economic data stoked fears of a potential recession. The Dow plunged over 600 points, while tech stocks also took a major hit.
Category: Business
Welcome to our Business category! Here, you’ll find a wealth of information on starting and growing your own business, as well as insights on the latest trends and developments in the business world. Whether you’re an entrepreneur just starting out, or an established business leader, you’ll find valuable resources and strategies for success. We cover topics such as finance, marketing, operations, and management, and provide expert insights and analysis on current economic issues and global business news. Join us as we explore the world of business and help you take your company to the next level!
Dollar General Faces Challenges as Financial Struggles Hit Core Customers
Dollar General’s stock plummeted after the company lowered its sales and profit outlook, citing financial struggles among its core, lower-income customers. The retailer now faces intensified competition and internal challenges as it seeks to stabilize its business.
NVIDIA’s Record-Breaking Quarter: A Mixed Reception on Wall Street
NVIDIA reported a record $30B in Q2 2025 revenue, but its stock dropped due to concerns over growth sustainability and production delays.
Nvidia’s Earnings Loom as Stock Market Hovers at Record Highs
As the stock market nears record highs, all eyes are on Nvidia’s upcoming earnings report. This crucial update could set the tone for the entire market, especially in the tech sector.
Dow Jones Hits Record High as Investors Eye Rate Cut and Nvidia Earnings
The Dow Jones Industrial Average reached a record high as investors anticipate a Federal Reserve rate cut. Attention now turns to Nvidia’s upcoming earnings and key economic data.
Canadian Government Resolves Nationwide Rail Lockout, Resumes Freight Operations
The Canadian government has promptly intervened to resolve a nationwide rail lockout, ensuring the swift resumption of vital freight services. This decisive action averts potential disruptions across multiple industries and underscores the critical importance of maintaining stable and efficient trade routes between Canada and the United States.
China’s Gold Imports Plummet as High Prices and Economic Woes Persist
China’s gold imports hit a two-year low in July as record-high prices and economic struggles deter buyers. This decline could have far-reaching impacts on global gold markets if the trend continues.
7-Eleven Owner Receives $31B Buyout Offer from Canadian Rival
Seven & i Holdings, the owner of 7-Eleven, has received a $31 billion buyout offer from Canadian rival Alimentation Couche-Tard. If accepted, this would mark the largest foreign takeover of a Japanese company, reshaping the global convenience store market.
Jerome Powell’s Jackson Hole Speech: What to Expect from the Fed’s Next Moves
Jerome Powell’s upcoming speech at the Jackson Hole symposium is highly anticipated, with investors looking for signals on potential interest rate cuts as the Fed navigates a complex economic landscape.
Inflation Hits Milestone as Consumer Price Index Drops Below 3%
The U.S. inflation rate dropped to 2.9% in July, the lowest since March 2021. This decrease could lead to a Federal Reserve rate cut in September as the economy shows signs of recovery.