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Trump Blames Biden For Negative Economic Reports
The GDP report released by the Trump administration today showed a -0.3% contraction in the first quarter, triggering a drop in US futures.

By The Financial District
May 51 min read


Apple CEO Says Trump Tariffs To Cost Company $900-M In Q2
Apple CEO Tim Cook said that new tariffs imposed by President Donald Trump on imported supplies would cost Apple an additional $900 million in the June quarter, assuming no further escalation.

By The Financial District
May 51 min read


Major U.S. Companies Agonize Over Tariff Fallout
Executives at some of America’s largest corporations are sounding the alarm about how President Donald Trump’s tariffs are affecting their business.

By The Financial District
May 51 min read


TikTok Plans To Build €1 Billion Data Center In Finland
TikTok plans to invest €1 billion ($1.14 billion) to build its first data center in Finland as part of its effort to relocate data storage for European users to the continent.

By The Financial District
May 51 min read


Trump National Security Adviser Mike Waltz Gets Boot
White House National Security Adviser Mike Waltz is set to leave the administration just weeks after it was revealed he added a journalist to a Signal chat used to discuss military operations.

By The Financial District
May 51 min read


US Economy Contracts In Q1, First In 3 Years
The US economy contracted for the first time in three years during the first quarter, overwhelmed by a flood of imports as businesses rushed to avoid higher costs from tariffs.

By The Financial District
May 51 min read


Maker Of Royal Match Raises $2.5-B In Debt And Equity
Dream Games, the Turkish mobile game developer behind Royal Match, has raised approximately $2.5 billion in a combined debt and equity deal.

By The Financial District
May 51 min read


Andersen Global Deepens Philippine Presence
Andersen Global continues to reinforce its presence in the Asia Pacific with the announcement of a new collaboration with Du-Baladad and Associates, a top-ranked tax and corporate services firm in the Philippines.

By The Financial District
May 42 min read


Retail’s New Rules: Inside HappyOrNot’s 2025 Customer Experience Insights
In an age of intensifying competition and rising consumer expectations, retail success increasingly hinges not just on price or product—but on experience.

By The Financial District
May 32 min read


Pilipinas Live Scores Big With Quickplay Shorts Integration
Cignal’s Pilipinas Live app has teamed up with global streaming innovator Quickplay to launch Pilipinas Live Shorts—a dynamic new feature delivering high-impact, short-form video content in an interactive, social media-inspired format.

By The Financial District
May 32 min read


MERALCO Gets Global Recognition For Excellence In Sustainability Reporting
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has once again been recognized for its excellence in sustainability governance and reporting.

By The Financial District
May 32 min read


PSE Index Pierces Resistance Level
The Philippine Stock Exchange (PSE) index pierced its resistance level today, rising to a new milestone of 6,411.86 points—up by 56.87 points or 0.89 percent—marking a key psychological leg for the market.

By The Financial District
May 22 min read


BYD Bounces Back From 2023 Mistake In Europe
China’s No. 1 automaker BYD has experienced explosive growth over the past five years, expanding sevenfold to become the world’s seventh-largest automaker by sales. Its first-quarter profit jumped 100%.

By The Financial District
May 21 min read


U.S. Firm Introduces Bezos-Backed EV Pickup For The Masses
“We built it, you make it.” That’s the motto of Slate, a new U.S. electric vehicle company that just unveiled its debut model.

By The Financial District
May 21 min read


Tesla Board Begins Process To Remove Elon Musk As CEO
The Tesla board has initiated the process of replacing Elon Musk as chief executive after a month of internal pressure and public backlash over his continued absence from the company.

By The Financial District
May 21 min read


Walmart, Target Resume Business With Chinese Factories: Suppliers
Walmart and Target have resumed business with some of their Chinese suppliers after briefly pausing orders due to uncertainties over steep U.S. tariffs.

By The Financial District
May 21 min read


U.S. Consumer Confidence Hits Rock Bottom Over Tariff Fears
Consumer confidence in the U.S. has plunged to its lowest level since the early days of the COVID-19 pandemic, as fears mount over the economic fallout from President Donald Trump’s sweeping tariffs.

By The Financial District
May 21 min read


U.S. Navy Loses $60-M Jet At Sea After It Fell From Aircraft Carrier
A U.S. Navy F/A-18 Super Hornet fighter jet was lost at sea after it fell overboard from the USS Harry S. Truman aircraft carrier while being towed onboard.

By The Financial District
May 21 min read


Albertsons Supermarket Chain Tells Suppliers: We Won’t Accept Price Hikes
North America’s second-largest supermarket chain is warning its suppliers that it won’t accept price hikes due to President Trump’s recent wave of tariffs.

By The Financial District
May 21 min read


Recession Prediction Becoming A Self-Fulfilling Prophecy: Bloomberg
The International Monetary Fund (IMF) puts the odds of a U.S. recession this year at 40%.

By The Financial District
May 21 min read


U.S. Stock Index Futures Bounce As Microsoft, Meta Stocks Rise
U.S. stock index futures jumped as shares of Microsoft and Meta Platforms surged following strong quarterly results.

By The Financial District
May 21 min read


China’s Baosteel Sees Nationwide Output Cuts This Year
China's biggest listed steelmaker, Baoshan Iron & Steel Co., said a nationwide output cut is likely this year and highlighted external pressures on an industry already grappling with overcapacity and weakening demand.

By The Financial District
May 21 min read


SM Investments Declares First-Ever Special Dividend; Total Payout Rises 44%
SM Investments Corporation (SM Investments), the parent firm of the SM Group, announced a 44% increase in total dividends for 2025 to PHP13 per share, comprising PHP11 in regular dividends and PHP2 in special dividends.

By The Financial District
May 21 min read


Trump Pushing U.S. Dollar To The Precipice: Indianapolis Star
The United States may be on the verge of an economic crisis that could leave the country poorer for generations.

By The Financial District
May 22 min read
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