Tag: Business

Apollo Lands EasyJet in £5.7bn Deal After Rival Suitor Exits

US private equity firm Apollo has agreed to acquire British low-cost carrier…

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Wall Street Surges to Record High on Strait of Hormuz Deal Hopes

The S&P 500 shattered its all-time record on Tuesday, surging past 7,700…

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Fed Silence Sparks Renewed Sell America Trade Among Global Investors

Global bond investors are reviving the Sell America trade as sparse communication…

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S&P 500 Earnings Surge Near 50% as Corporate Profits Defy Doubters

Companies in the S&P 500 are on track to post their biggest…

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US Dollar Falls to 156 Yen Following Confirmed Market Intervention

The US dollar dropped to 156.34 Japanese yen Monday after officials confirmed…

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Japan And US Launch First Joint Yen Intervention In 15 Years

Tokyo and Washington carried out coordinated currency market action to halt the…

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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…

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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…

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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…

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Chip Stocks Drag Nasdaq Toward Correction as AI Panic Spreads

A semiconductor-led selloff pushed the Nasdaq-100 within striking distance of a correction…

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