Tag: costs

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Rising oil costs hurting U.S. farmers, small businesses

AAA announced Tuesday that the average U.S. gas price has topped $4 a gallon. CBS News correspondent Lana Zak reports on how the costs are impacting businesses. Then, Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.

Energy costs will decide which countries win the AI race, Microsoft’s Nadella says

Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. (Photo by Fabrice COFFRINI / AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella

Tariffs up, costs up, wages flat – Prof. Asuming says real recovery still far off

On June 20, 2025, 9:36 AM Tariffs are rising. Production costs are going up. But wages? They’ve barely moved. That’s the reality Ghanaian businesses and households are grappling with, according to economist Professor Patrick Asuming, who shared sobering insights in an interview. Prof. Asuming warned that while headline figures such as inflation and macroeconomic indicators

Rising 2nm chip costs may drive Samsung to use Chinese suppliers for Galaxy S26 OLED panels

Samsung may need to collaborate with Chinese firms to source certain OLED panel materials, shifting from its traditional suppliers in South Korea, the US, and Japan due to the rising costs of the 2nm process, according to Chinese media outlet Jiwei. The rising cost of 2nm wafers used in the Exynos 2600 mobile processor is

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Nestory Irankunda scores Australia’s first World Cup goal against Turkiye

Nestory Irankunda buried Australia’s opening goal of the 2026 FIFA World Cup on June 14, finishing a counter-attack in the 27th minute against Turkiye in Vancouver. At 20 years old, he became the youngest player in Socceroos history to score at a World Cup. The goal gave Australia a 1-0 lead in their Group D

Carlo Ancelotti takes responsibility for Brazil’s 1-1 draw with Morocco as crypto fan tokens enter the World Cup spotlight

Brazil opened their 2026 FIFA World Cup campaign with a 1-1 draw against Morocco on June 13, and Carlo Ancelotti accepted full responsibility for the tactical shortcomings that left the five-time champions splitting points in their Group C opener. Ancelotti promised improvement and reminded everyone that you don’t win a World Cup in your first

Scotland defeats Haiti 1-0 in World Cup opener, tops Group C

Scotland picked up their first World Cup victory in 28 years on June 13, beating Haiti 1-0 in their Group C opener at the 2026 FIFA World Cup. John McGinn scored the only goal of the match in the 28th minute, pouncing on a rebound after Haitian goalkeeper Johny Placide saved an initial effort from

Pyth Network Targets Bloomberg’s $50 Billion Market-Data Empire

Pyth Network is pushing deeper into the more than $50 billion market for financial data, launching 24/7 index products across metals, oil, and U.S. equities as it positions its onchain price feeds against incumbents like Bloomberg. Key Takeaways Pyth Network launched 24/7 indices for metals, oil, and U.S. equities, adopted by Coinbase and Kraken. Euronext

Macron and Trump test their bruised bromance at G7 summit

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