Sarah Jenkins

Markets

Reddit shares fall on report of Google AI data deal doubts

Reddit fell about 9% after a report said it has discussed cutting off Google’s AI access to its user-generated content.

By Sarah Jenkins · 1 month ago

Markets

Trump generic drug tariff plan puts pressure on low-margin suppliers

The proposed duties would start after a two-year reprieve, raising questions over U.S. medicine prices, supply chains and domestic...

By Sarah Jenkins · 1 month ago

Markets

Fidelity puts 2026 retiree health costs at $185,500

A 65-year-old retiring in 2026 may face average health costs up 7.5% from last year, with long-term care excluded from the estimat...

By Sarah Jenkins · 1 month ago

Markets

Samsung raises foldable phone prices with Galaxy Z8 launch

Samsung introduced three foldable smartphones in London, with $100 increases on key models as memory-chip costs rise and Apple is...

By Sarah Jenkins · 1 month ago

Markets

Wyden bill would require Congress to approve key Trump tariffs

The Oregon Democrat’s proposal targets presidential tariff authorities after Trump announced 50% duties on a range of Canadian goo...

By Sarah Jenkins · 1 month ago

Markets

Japan’s AI trade lifts makers of toilets, glass fiber and seasonings

Toto, Nittobo and Ajinomoto have posted sharp share gains as specialist materials businesses tied to semiconductor demand expand.

By Sarah Jenkins · 1 month ago

Markets

India accelerates alternative fuels push as oil risks rise

New Delhi is expanding ethanol, biogas and hydrogen trials as import costs, Russian oil exposure and consumer complaints over blen...

By Sarah Jenkins · 1 month ago

Markets

Mediterranean yacht charter rates ease as summer demand weakens

Brokers say Mediterranean yacht charters are down 20% to 30% from last year, prompting late-July and August discounts on some vess...

By Sarah Jenkins · 1 month ago

Markets

TSMC’s US expansion pressures margins as Washington pushes local chip output

The Taiwanese foundry has pledged $200 billion to US manufacturing as higher overseas fab costs begin to weigh on its margin outlo...

By Sarah Jenkins · 1 month ago

Markets

Nike to narrow China online sales channels from January

Nike will cut thousands of online distributors in China as it seeks tighter pricing control and a more consistent digital retail e...

By Sarah Jenkins · 1 month ago

Markets

US mortgage demand rises even as 30-year rate hits highest since August

MBA data showed purchase applications rose 6% last week, offsetting weaker refinancing as 30-year conforming mortgage rates climbe...

By Sarah Jenkins · 1 month ago

Markets

Sony’s PlayStation disc shift puts $7bn used-game market under pressure

Sony will stop making discs for new PlayStation games in 2028, tightening digital distribution and raising questions for retailers...

By Sarah Jenkins · 1 month ago