economy

FTC Files Lawsuit Against Amazon for Allegedly Misleading Advertisers

08/31/2026, 12:37 PM economy announcement Amazon

The FTC has filed a lawsuit against Amazon, claiming the company overcharged advertisers through deceptive pricing practices, potentially impacting its substantial advertising revenue and market position.

Trump Criticizes Communities Opposing AI Data Centers, Warns of Economic Consequences

08/31/2026, 11:37 AM economy research ai finance

President Trump's recent comments highlight the growing backlash against data centers in the U.S., which could significantly impact Republican candidates in the upcoming midterm elections, particularly in Ohio.

Cramer Highlights Tim Cook’s Legacy as Apple CEO Ahead of Transition to John Ternus

08/31/2026, 10:37 AM economy review technology consumer Apple

Tim Cook's tenure as CEO of Apple, which ends today, has seen the company achieve remarkable growth and market capitalization, yet he has often been overshadowed by Steve Jobs' legacy. As John Ternus steps in as CEO, the focus will shift to how he will continue to build on Cook's successes amid challenges like AI and supply chain issues.

OpenAI Reports $1 Billion Annualized Revenue Run Rate for Its Advertising Business

08/31/2026, 06:36 AM economy growth ai

OpenAI's advertising business has reached a significant milestone with an annualized revenue run rate of $1 billion, highlighting its diversified revenue strategy as it prepares for a potential IPO.

G20 Meetings to Address U.S. Tariffs and Iran Sanctions Amid Market Volatility

08/31/2026, 06:36 AM economy review finance ai Dell Technologies Palo Alto Networks

Investors should be aware of the ongoing G20 meetings in North Carolina, where U.S. tariffs and international relations are key topics, alongside rising oil prices due to recent U.S.-Iran military exchanges.

India’s Economy Grows 7.8% in Q1, Surpassing Expectations Amid Strong Sector Performance

08/31/2026, 04:36 AM economy forecast Analysts: Barclays finance

India's economy demonstrated robust growth of 7.8% in the June quarter, surpassing expectations and indicating resilience despite geopolitical tensions and inflationary pressures.

Bank of England Governor Andrew Bailey Warns of Global Financial Stability Risks from Advanced AI Models

08/31/2026, 03:36 AM economy research finance

Bank of England Governor Andrew Bailey warns that advanced artificial intelligence models could destabilize global financial markets, highlighting the urgent need for improved risk management protocols in the financial sector.

Coupang Dispute Heightens U.S. Tariff Pressure on South Korea Amid Congressional Concerns

08/31/2026, 03:36 AM economy review Coupang

The ongoing dispute between the South Korean government and Coupang, a major U.S.-based online retailer, is escalating tensions between the U.S. and South Korea, potentially leading to retaliatory tariffs that could impact trade relations.

BYD (1211.HK) Shares Decline Nearly 5% as Competition Impacts First-Half Earnings

08/30/2026, 09:36 PM economy stock_drop auto

BYD's shares dropped nearly 5% after the company reported a decline in revenue and a significant drop in net profit for the first half of the year, highlighting challenges in the competitive Chinese electric vehicle market.

China’s Manufacturing Activity Contracts for Second Consecutive Month, Official PMI at 49.8

08/30/2026, 07:30 PM economy decline finance

China's manufacturing sector continued to contract in August, signaling ongoing economic challenges, though the decline was less severe than anticipated. This situation underscores the need for government intervention to stimulate growth amid slowing economic momentum.