Apple Smashes Records: iPhone 17 Drives $102.5B Quarter
Apple has reported its most profitable quarter ever, with $102.5 billion in revenue and a massive 86% increase in net profit, primarily driven by record-breaking iPhone 17 sales.
Apple has reported its most profitable quarter ever, with $102.5 billion in revenue and a massive 86% increase in net profit, primarily driven by record-breaking iPhone 17 sales.
Puck has acquired elite newsletter Air Mail in a $16 million deal, prompting founder Graydon Carter to step down. The merger unites two distinct but complementary voices in high-end digital media.
A Trump administration rule could block public servants from student loan forgiveness if their employer is accused of ‘illegal activities’—raising alarms among borrowers and advocates.
Frank Bisignano, a top Trump appointee leading the Social Security Administration and advising the IRS, sold his Fiserv shares just before the stock dropped 22%, potentially saving millions.
Presidents Trump and Xi reached a temporary agreement on trade tariffs, but investors remain unconvinced amid broader geopolitical tensions.
American soybean farmers are seeing renewed hope after the U.S. and China struck a trade truce, with Beijing pledging to purchase 87 million metric tons of soybeans over the next four years.
Europe’s largest automaker, Volkswagen, has reported a $1.5 billion operating loss for Q3 2025, citing a damaging combination of new international tariffs and a sudden, severe shortage of semiconductor chips that has already forced a production halt at its main factory.
The U.S. and China have agreed to a one-year truce in their trade war, with China suspending rare earth export limits and the U.S. halving fentanyl-related tariffs.
Facing record-high cocoa prices from climate disruption, major candy brands are quietly cutting cocoa content and adding fillers—changing the taste and quality of your favorite treats.
Starbucks saw a 1% increase in same-store sales thanks to seasonal drinks and new menu items, but net income dropped 85% due to restructuring costs from store closures and layoffs.