Economy
New government estimates indicate that the projected cost of President Donald Trump's proposed next-generation naval fleet could be substantially higher than originally anticipated, raising fresh debate over defense spending, military modernization, and the long-term affordability of large-scale......
The US labor market showed further signs of slowing in July after private-sector hiring expanded at a much weaker pace than expected, reinforcing investor attention on upcoming official employment data and the broader outlook for the American economy. According to the latest ADP National Employment......
Renowned American investor Michael Burry has renewed his warning that the recent rally in U.S. equities could be approaching a major turning point, cautioning that current market conditions may lead to a sharp correction similar to the stock market crash of 1987. Burry, who gained international recognition......
Wall Street opened Tuesday's trading session with strong gains, sending the three major U.S. stock indexes to fresh record highs as investors welcomed signs of possible progress toward easing tensions surrounding the Strait of Hormuz, one of the world's most important energy shipping routes. Market......
McDonald’s has reported stronger-than-expected profits for the second quarter of 2026, demonstrating the resilience of its global business despite slower sales growth in its largest market, the United States. The results highlight the company's ability to maintain profitability while navigating......
A coalition of 25 U.S. states has filed a lawsuit challenging the latest tariffs introduced by President Donald Trump, arguing that the new import duties exceed presidential authority and place additional financial pressure on businesses and consumers. The legal action follows the administration's......
Momentum investing could regain strength in the coming months as investors increasingly shift their focus toward companies with strong financial fundamentals, according to analysts at Morgan Stanley. The investment bank believes the recent market correction has created conditions for a gradual recovery......
The financial markets recently witnessed one of the most remarkable investment stories of the artificial intelligence era, as Leopold Aschenbrenner moved from being considered one of the most promising young voices in the technology sector to becoming a symbol of the risks linked to aggressive investment......
A recent public opinion survey indicates that a large majority of Americans remain concerned about the state of the U.S. economy, with nearly 70% describing economic conditions as poor. The findings highlight continued frustration over rising living costs and financial pressures despite government efforts......
Capital One has confirmed that it closed bank accounts linked to the Trump Organization following an internal review conducted by its anti-money laundering specialists. The disclosure was made in a legal filing submitted in response to a lawsuit brought by the company connected to former U.S. President......
Japan and the United States have taken coordinated action in the foreign exchange market to support the yen, marking the first joint intervention between the two countries in more than a decade. The move comes after the Japanese currency fell to its weakest level in nearly 40 years, increasing concerns......
Global oil prices fell sharply on Monday after the United States and Iran announced plans to resume negotiations aimed at reducing tensions in the Middle East, easing fears of major disruptions to global energy supplies. The prospect of renewed diplomacy prompted investors to reassess geopolitical risks......
The United States may have taken part in an unusually coordinated effort to stabilize the Japanese yen, according to a report by the Financial Times, signaling what could be the first joint currency intervention between Washington and Tokyo in nearly three decades. Citing anonymous sources familiar......
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