Natalie Sherman

1 week ago | aol.com | Natalie Sherman |Lily Jamali

Experts have cast doubt on the Trump Organization's claim that its proposed smartphone can be entirely manufactured in the US. One industry analyst told the BBC it would be "virtually impossible" for the gold-coloured handset - which will retail at $499 (£367.50) - to be built in the United States. Questions have also been raised about the ethics of what is the latest in a series of attempts to cash in on President Donald Trump's name.

1 week ago | aol.com | Natalie Sherman

People and businesses in the US have faced a whirlwind of policy change in recent months. But one thing has remained fixed: borrowing costs set by the US central bank. The Federal Reserve stuck with that strategy on Wednesday, leaving its key interest rate unchanged, even as officials' expectations for the economy worsened. The decision marked the fourth in a row without action, keeping the bank's influential lending rate hovering around 4.3%, where it has stood since December.

1 week ago | bbc.co.uk | Natalie Sherman

Image source, Bloomberg/GettyPeople and businesses in the US have faced a whirlwind of policy change in recent months. But one thing has remained fixed: borrowing costs set by the US central bank. The Federal Reserve stuck with that strategy on Wednesday, voting to leave its key interest rate unchanged. The decision marked the fourth in a row without action, keeping the bank's influential lending rate hovering around 4.3%, where it has stood since December.

1 week ago | bbc.com | Natalie Sherman

Japan's Nippon rescues US Steel in controversial takeoverAFP/GettyJapanese firm Nippon Steel has completed its long-sought takeover of a smaller American company, after agreeing to yield unusual control to the US government. The $14.9bn (£11bn) purchase of US Steel, will create one of the world's biggest steelmakers and turns Nippon into a major player in the US. The plan, first announced in 2023, had been seen as a lifeline for the storied but struggling 124-year-old US Steel.

1 week ago | bbc.com | Natalie Sherman

Amazon boss says AI will replace jobs at tech giantNatalie ShermanBusiness reporter, BBC NewsGetty ImagesAmazon boss Andy Jassy has told staff to embrace artificial intelligence (AI) and warned the technology will lead to a smaller corporate workforce in the next few years. He shared the prediction in a memo to staff on Tuesday, which urged employees to "be curious about AI".