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Update: US Equity Indexes Fall After Retail Sales Drop Most in 14 Months, Crude Oil Rises as Iran Warned Against Economic Pain
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa...
US Equity Markets End Lower Amid Weak Retail Sales Data, Rise in Crude Oil Prices
US equity indexes ended lower Friday amid a drop in retail sales and after crude oil prices rose fol...
Forecasting the upcoming week: FOMC Minutes take center stage next week
The US Dollar Index (DXY) extended its slide on Friday, holding below 100.00 at fresh lows after a f...
JPMorgan walks into another football firestorm
After getting caught up in the Super League controversy, the US bank has been instrumental in Fifa’s plans to raise billions
Russia targets hundreds of Ukrainian petrol stations
Missile and drone attacks on highly flammable fuel stops seen as retaliation for Kyiv’s strikes on refineries
China is smarter about subsidies than everybody else
Beijing is stealing a march on its competitors by targeting strategic sectors
The return of Boeing
The US aviation giant is winning back trust after a near-decade strewn with disasters. Now it needs to make money again
Stocks rebound and yen jumps on signs of intervention
Asian markets soar after days of heavy selling
Big Tech AI spending spree tops $1tn
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
Donald Trump says Hamas has agreed to disarm over time
US president claims Board of Peace reached breakthrough in Gaza talks
How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low
The $20bn hedge fund manager’s wild ride ended with a call to Ken Griffin
Anthropic’s Claude AI models hack into 3 outside groups during testing
Start-up discloses breach a week after rival OpenAI reported similar incident
Trump ‘not sure’ he will let Ukraine build Patriot missiles
US president had earlier said he would allow the country to produce the weapon vital for its defence against Russia
Apple forecasts slower growth as AI build-out strains tech supply chains
Smartphone revenue rose more than a fifth as rivals struggle
Saudi Arabia announces maritime defence coalition as Houthi attacks threaten Red Sea route
Fourteen countries, including Pakistan, Turkey, Egypt and Sudan, vow to protect shipping and energy supplies