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Business News

US importers stockpiling Italian prosecco amid fears of potential tariffs

07/02/2025 13:02 - During the first Trump administration, Italian wines were exempt from tariffs, and as of right now, no duties have been declared against European allies. However, to safeguard the market, Prosecco importers and distributors say they are taking preventative action. ...

Tesla sales crash in Germany as CEO Musk continues political activism

07/02/2025 13:02 - Sales plummeted in Germany after the billionaire expressed his support for the far-right in the country. Sales of Tesla electric vehicles also fell in France and the UK last month. ...

Solid Labor Market Gives Fed Cover to Extend Rate Pause

07/02/2025 13:02 - The central bank is grappling with how quickly to lower interest rates after pausing cuts last month. ...

Trump’s Executive Orders Leave Imprint on the Fed

07/02/2025 12:02 - The central bank has halted hiring to align with a White House directive and pulled back its work on climate change. ...

Doncic Trade Has Mavericks Fans Feeling They ‘Lost a Family Member’

07/02/2025 12:02 - Dallas built its team’s identity around Luka Doncic, on the court and off. Now that he’s gone, some supporters no longer feel a connection to the franchise. ...

Jobs Report Today Will Offer First Look at 2025 Labor Market

07/02/2025 12:02 - Economists forecast a steady pace of hiring, slightly dampened by fires and cold snaps and clouded by annual data adjustments. ...

Luka Doncic’s Trade to the Lakers Devastates Mavericks Fans

07/02/2025 12:02 - Dallas built its team’s identity around Luka Doncic, on the court and off. Now that he’s gone, some supporters no longer feel a connection to the franchise. ...

What Privatization of Fannie Mae and Freddie Mac Means

07/02/2025 12:02 - Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again. ...

Greece declares state of emergency on Santorini following quakes - The Business Standard

07/02/2025 9:02 - Greece declares state of emergency on Santorini following quakes  The Business Standard ...

Amazon disappoints investors with weak outlook despite upbeat earnings

07/02/2025 9:02 - Amazon topped expectations in its fourth-quarter earnings. However, its disappointing guidance deepened concerns about a slowdown in the artificial intelligence (AI) industry. ...


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