Press review · Wednesday, 6 August 2025
06 August 2025
3,123 articles: 08 May 2025 – 26 October 2026
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theguardian.com
US ‘flying blind’ at critical moment for economy, experts warn, with no jobs data amid shutdown
Data was collected for closely-watched jobs report before shutdown, but Trump officials so far defy calls to publish it
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utilitydive.com
The week in 5 numbers: DOE slashes clean energy funding following coal ‘investment’
Plus PJM’s data center woes, record storage deployment and new generation additions.
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nbcnews.com
Government shutdown delays key monthly jobs report at pivotal moment for the U.S. economy
Federal Reserve officials may have to determine next steps for interest rates without access to the Bureau of Labor Statistics' September employment data.
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pbs.org
Shutdowns usually don't do much economic damage, but there are reasons to worry this time
Trump's massive layoff threat and the precarious state of the American economy raise the odds of longer-lasting damage.
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newatlas.com
MIT's concrete battery just got 10 times more powerful
Scientists have been working for the last few years on enhancing concrete – arguably the most common construction material on the planet – to store energy. That includes researchers at Massachusetts Institute of Technology (MIT), who found a way to combine cement, water, and carbon black to create…
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foxbusiness.com
What is the significance of Trump's effort to remove the Fed's Lisa Cook?
President Trump's attempt to fire Fed Governor Lisa Cook over alleged mortgage fraud set off an unprecedented legal battle and carries significance for the Fed's monetary policymakers.
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hollywoodreporter.com
AI-Generated Actress Tilly Norwood Slammed by Canadian Performers Union as “Nothing But Lines of Code”
ACTRA's comments come after similar statements from U.S. actors union SAG-AFTRA and U.K. acting union Equity.
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Elon Musk makes history as first person ever to hit $500B net worth milestone: report
Elon Musk achieves historic $500 billion net worth as Tesla stock rises after his wealth grew from $24.6 billion in March 2020 to the unprecedented milestone.
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usatoday.com
What happens to student loans when the government shuts down?
If the government shuts down, millions of student loan borrowers may be affected, but individual impact will vary.
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Here’s why experts think Trump took 'a sledgehammer' to the H-1B visa worker program
Business leaders support the visas as a way to bring talent to the U.S., while others say the program allows companies to hire foreign workers at lower wages than they would pay Americans.
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abcnews.go.com
Would a government shutdown impact your investments?
The federal government is hurtling toward a shutdown on Wednesday morning, and analysts weighed in on the risks.
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nbcnews.com
What would a government shutdown mean for markets and the economy?
While the government plays a big part in the economy, history shows that the lasting effects of shutdowns are limited.
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Stocks tick lower as government shutdown looms
The federal government is racing toward a possible shutdown Tuesday night.
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npr.org
Germany thrived in the first China Shock. But the next one could prove catastrophic.
The export-led industrial model that Germany has pursued for decades is now at a crossroads.
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Would a government shutdown hurt the economy? Experts explain
The federal government is hurtling toward a possible shutdown Tuesday night.
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Electronic Arts to Go Private in $55 Billion Deal Backed by Saudi PIF and Silver Lake
Jared Kushner's Affinity Partners is also backing the transaction for the 'Battlefield' and 'Madden' game studio.
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nypost.com
58 million pounds of corn dogs, sausage-on-a-stick recalled over wood pieces in batter
Hillshire Brands, a Texas-based subsidiary of Tyson Foods, said it received multiple customer complaints about wood pieces in the corn dogs and sausage sticks, five of which involved injuries.
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Charlie Javice, founder who lied about $175M startup, faces sentencing
Charlie Javice faces sentencing after being found guilty of fraud after lying about her financial aid startup to JPMorgan Chase for $175 million in 2021.
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timesofindia.indiatimes.com
'Snapback' over nuclear programme: UN hits Iran with sanctions; economy, tensions likely to worsen - The Times of India
International Business News: The UN has reimposed wide-ranging sanctions on Iran over its nuclear program, triggered by European powers due to Iran's uranium enrichment and non-co
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scmp.com
China’s state-owned car giants embrace home-grown tech to dominate EV market
State-owned carmakers like SAIC and FAW are tying up with domestic firms to recover market share from nimble privately owned rivals.
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bostonglobe.com
Nearly 20 Starbucks in Boston set to close amid restructuring. See if your local store is on the list. - The Boston Globe
The Starbucks beneath the historic steaming kettle in Government Center is set to close, along with many others.
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Trump's 100% tariffs on branded drugs: Indian generics spared but pose risks for pharma sector – Explained - The Times of India
India Business News: US President Trump announced a 100% tariff on imported branded and patented pharmaceuticals starting October 2025, aiming to boost domestic manufactur
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Listeria found in Walmart meatball meals may be linked to deadly fettuccine outbreak
Federal health officials are warning consumers not to eat certain heat-and-eat beef meatball pasta meals sold at Walmart stores nationwide
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sportico.com
Apple TV+ Brings Secret Weapon to Its MLB Broadcasts
Apple TV+ used four iPhone 17 Pros during last week's Friday Night Baseball MLB broadcast. Few noticed, which was exactly the point.
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What will new furniture, pharmaceutical tariffs mean for prices? Experts weigh in
President Trump unveiled new tariffs on some consumer goods this week.
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triblive.com
Starbucks to close 3 Pittsburgh locations
Barista Josh Nicklow showed up Friday at Starbucks’ South Side location for work as usual. By noon, the district manager told him he’d be out of a job by the weekend. After four years behind the counter, Nicklow joined countless employees caught in Starbucks’ sweeping shutdown of stores across the
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Trump announced new drug tariffs. How much will you pay at the pharmacy counter?
President Donald Trump announced 100% tariffs on brand drugs. Companies that build a U.S. manufacturing plant will be exempt.
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nbcnews.com
Sinclair is putting Jimmy Kimmel's late-night show back on the air
The company, which operates 30 ABC affiliates, insisted that its "decision to preempt this program was independent of any government interaction or influence."
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Who is eligible for payment in Amazon FTC settlement? How to get a share of the money.
Amazon is set to pay $2.5 billion as part of a settlement with the Federal Trade Commission. Here's how to find out if you're eligible for payment.
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nbcnews.com
Trump’s pharma tariffs could raise drug prices for consumers, but exemptions may blunt impact
In a Truth Social post late Thursday, Trump said that any branded or patented pharmaceutical products brought into the U.S. would face a 100% tariff starting Oct. 1.
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boston.com
Starbucks is closing Government Center’s iconic steaming kettle location
The company says the closure is part of a broader restructuring plan that targets "Grab & Go” locations and underperforming stores.
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How to get Amazon Prime settlement refund
Amazon customers could get a refund if they were impacted by the company's Prime practices, including failed attempts to cancel their subscription.
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Amazon to Pay $2.5 Billion to Settle FTC Lawsuit Over Prime “Cancellation Trickery”
The lawsuit involved claims that some users, who can get up to $51 under the deal, intended to sign up solely for a lower-cost Prime Video subscription.
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Trump rattles investors with new tariffs on pharmaceuticals, trucks and kitchen cabinets – business live
Rolling coverage of the latest economic and financial news
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Amazon to pay $2.5 billion to settle FTC allegations it duped customers into enrolling in Prime
Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission which said the online giant tricked customers into signing up for its Prime memberships.
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Trump’s 100% tariffs on pharma: Sun Pharma, Biocon, Cipla & other pharmaceutical stocks tank; jitters on D-Street - The Times of India
India Business News: Pharmaceutical stocks, particularly Indian firms, plummeted following President Trump's announcement of 100% tariffs on imported branded medicines to
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Canada Post union launches strike as government moves to end most door-to-door mail
The Canadian Union of Postal Workers went on strike Thursday after the government announced door-to-door mail delivery would end for nearly all households within the next decade
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nbcnews.com
Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets
The U.S. Chamber of Commerce urged the department not to impose new tariffs.
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ctvnews.ca
Canada Post union launches strike as Ottawa moves to curb door-to-door mail
The Canadian Union of Postal Workers is declaring a countrywide strike, hours after Ottawa announced door-to-door mail delivery will end for nearly all Canadian households within the next decade.
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Trump announces deal to put TikTok under control of US investors
The deal comes after Trump delayed a TikTok ban enacted last year.
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gamedeveloper.com
Nintendo of America president Doug Bowser retires
Nintendo president Doug Bowser is retiring, with former executive vice president of revenue, marketing and consumer experience
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nbcnews.com
Former Fed chairs warn that removing Lisa Cook could lead to inflation boom
A group of former top economic officials filed an amicus brief with the Supreme Court, which is considering whether Trump can remove Cook from the Fed.
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George Soros foundation hits back at Trump after report that DoJ plans to target group
NYT reports that justice department is pushing attorneys to investigate organization as Trump ramps up attack on rivals
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Amazon to refund millions of Prime customers in $2.5 billion FTC settlement
The Federal Trade Commission accused Amazon of using \
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nbcnews.com
The U.S. economy grew more than thought in the second quarter as glum shoppers kept on buying
Revised GDP data from the Commerce Department puts second-quarter economic growth at 3.8%. That could complicate things for the Federal Reserve, which tends to cut rates when the economy is struggling.
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Starbucks to lay off 900 workers, close stores in North America
Coffee giant Starbucks will lay off workers and close stores as part of a $1 billion restructuring plan, CEO Brian Niccol said in a memo to employees on Thursday.
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nytimes.com
$100,000 Per Employee: How the H-1B Visa Fee Could Reshape Work Forces
Because sponsoring a visaship comes with significant upfront costs, employers need higher-earning workers to justify the new expense.
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US economy grew faster than expected in the second quarter
The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter.
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aljazeera.com
China’s new climate target branded ‘disappointing’, ‘underwhelming’
Pledge to cut emissions by 7-10 percent does not go far enough, though renewables rollout a cause for hope, experts say.
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english.elpais.com
US negotiates $20 billion bailout and debt purchase with Argentina
Treasury Secretary Scott Bessent warns ‘speculators’ that Trump ‘has given President Milei a rare endorsement of a foreign official’