Poland Sees 7.1% Deficit in 2027 as Defence Costs Surge
Poland expects its general government budget deficit to remain at 7.1% of GDP in 2027, unchanged from the level now forecast for 2026, as record military equipment deliveries drive up spending. Finance Minister Andrzej...
Judge Blocks Anthropic Blacklist
A U.S. federal judge on Thursday blocked the Pentagon’s decision to blacklist Anthropic, marking a major development in the AI company’s legal battle with the U.S. military over restrictions on how its Claude models...
PayPal Shares Slide After Advent-Stripe Takeover Bid Reportedly Ends
PayPal shares fell 13% in premarket trading on Friday after Bloomberg News reported that a consortium led by buyout firm Advent International and payments processor Stripe had abandoned its pursuit of the fintech company....
Cheese Names Become Flashpoint in U.S.-Mexico Trade Talks
A dispute over the use of traditional cheese names has emerged as a sticking point in U.S.-Mexico trade negotiations. Washington is objecting to Mexico’s new trade agreement with the European Union, which grants special...
Corporate Political Donations Hit Record $646 Million Ahead of 2026 Midterms
Companies donated a record $646 million to U.S. political campaigns in the 18 months through June, according to an analysis by Public Citizen of Federal Election Commission filings. The amount is about 40% higher...
Nvidia Forecasts 70% Revenue Growth as AI Demand Surges
Nvidia forecast a 70% jump in revenue for its next fiscal year, significantly above Wall Street expectations of 44%, signaling that demand for AI computing remains exceptionally strong. Shares rose nearly 5% in extended...
Dollar General Raises Sales Forecast as Value Shopping Gains
Dollar General raised its annual comparable-sales forecast on Thursday, signaling continued strength as cost-of-living pressures push consumers toward lower-priced essentials. The retailer now expects same-store sales to increase 2.5% to 2.9%, up from its...
Best Buy Raises Full-Year Sales and Profit Forecasts
Best Buy has raised its full-year sales and profit forecasts, betting that an artificial intelligence-driven device upgrade cycle will help offset cautious consumer spending. The U.S. electronics retailer now expects annual revenue of $42.3...
Meta Settlement Leaves Core Business Intact
Meta Platforms has emerged from its biggest U.S. legal challenge with its core business largely intact after agreeing to pay up to $18 billion over a decade to settle claims brought by nearly all...
KPMG Australia to Cut 5% of Workforce Amid Scandal
KPMG Australia said on Monday it would cut about 5% of its workforce, affecting 27 partners and around 360 employees, as the accounting firm faces the fallout from a scandal involving the misuse of...