Amazon’s 15% Surge Lifts Wall Street as AI Spending Fears Ease
Amazon.com jumped more than 15% on Friday after posting its strongest quarterly…
Wall Street Closes Volatile July as Amazon Surges 15%, Apple Slides 7%
U.S. stocks closed out a turbulent July on Friday, with the S&P…
GDP growth cools to 1.5% as consumer spending holds steady despite inflation
The U.S. economy expanded at a 1.5% annual pace in the second…
Treasury Yields Spike to 5.20%, Drag S&P 500 to Worst Day in Seven Weeks
A sharp spike in Treasury yields dragged the S&P 500 to its…
Warsh’s Fed Holds Rates Steady as Three Dissenters Push for Quarter-Point Hike
Federal Reserve officials left interest rates unchanged at their July meeting, but…
Fed Holds Rates, Abandons Guidance — Yields Surge, Stocks Slide
The Federal Reserve kept its benchmark rate at 3.75% on July 29,…
Chip Stocks Drag Nasdaq Toward Correction as AI Panic Spreads
A semiconductor-led selloff pushed the Nasdaq-100 within striking distance of a correction…
Wall Street Rotation Accelerates: Dow Jumps 1% as Chip Stocks Tumble
A significant Wall Street rotation accelerated Tuesday as investors aggressively abandoned high-flying…
MAS Tightens Monetary Policy Again as Iran War Fuels Singapore Inflation
Singapore's central bank tightened MAS monetary policy for the second consecutive time…
Volkswagen Profit Slides 10% as Automaker Weighs Deep Job Cuts
Volkswagen reported a 10% drop in profits, deepening pressure on Europe's largest…