U.S. trade deficits widen amid AI spending and tariff uncertainty, while tech startups surge with major funding rounds and new innovations reshape business landscapes.

U.S. trade deficit hit its highest level in over a year in May, driven by record imports of foreign goods including pharmaceuticals and data center equipment, complicating Trump's promised foreign investment boom amid tariff threats.

Pakistan's call centre and Business Process Outsourcing industry surpasses $300 million in foreign exchange earnings, fueled by AI adoption and becoming one of the fastest-growing segments of the country's IT exports.

AI law startup Norm raises $120 million to achieve unicorn valuation, while Chemistry Ventures launches a $500 million second fund, reflecting massive investor appetite for artificial intelligence-focused companies.

Tesla's stock could rise 20% following potential merger with SpaceX, according to Wall Street analysts who see increasing likelihood of combining Elon Musk's two largest companies.

Anthropic expands Claude Cowork AI agent to mobile and web platforms, enabling autonomous task completion even after users close their laptops as smartphone-controlled agents gain momentum.

Rivian's stock plummets 13% in worst rout in nearly two years as investors worry about the EV maker's cash troubles following a stock sale announcement.

NATO announces billions in defense deals with major companies like Rheinmetall and Lockheed Martin reporting substantial backlogs, signaling significant investor opportunities in the defense sector.

Luxury hotel brand Four Seasons enters cruise market offering curated Mediterranean experiences, as high-end hospitality companies expand beyond traditional lodging into experiential travel.

AI-generated deepfake videos of soldiers flood social media platforms exploiting public support for U.S. troops, raising concerns about malicious use of artificial intelligence technology.

Gen Z buyers are purchasing homes despite soaring housing costs through creative financing strategies, challenging assumptions about younger generations' ability to enter the real estate market.