Economy



US private sector job growth slows sharply in July, raising focus on labor market outlook

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......

Michael Burry warns of a potential stock market bubble and compares risks to the 1987 crash

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 reaches record highs amid optimism over potential Strait of Hormuz breakthrough

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 beats profit forecasts despite slower sales growth in the U.S.

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......

Twenty-five U.S. states challenge new Trump tariffs in court

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......

Morgan Stanley sees momentum stocks recovering as investors return to quality companies

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 rising Wall Street star defeated by risks: The collapse of the Situational Awareness fund

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......

Survey shows 70% of Americans believe the economy is in poor condition

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 confirms closure of Trump Organization bank accounts after review

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 intervene together to support the yen for the first time in 15 years

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......

Oil prices tumble over 5% as US-Iran talks revive hopes for Middle East de-escalation

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......

US reportedly backed yen in rare market intervention, Financial Times says

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......

China rejects US sanctions on companies added to Uyghur forced labor blacklist

China has strongly criticized a new round of United States sanctions targeting Chinese companies accused of links to forced labor in Xinjiang, describing the measures as economic pressure and pledging to defend the interests of affected businesses. The Chinese Commerce Ministry said Washington's......

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