Latest Financial Market News
Gaming gives Tencent a 13% quarterly revenue jump as the WeChat operator dives into AI
Chinese internet giant Tencent on Wednesday reported a better-than-expected increase in first-quarter…
Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
The CPI report released this week will be a double-edged sword for…
Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs
"Our full-year financial results are a wake-up call,” Espinosa told the press.…
The U.S.-China detente could ‘save Christmas,’ but expect ‘a rush of ordering the likes we’ve never seen before,’ economist says
The U.S. and China have entered a 90-day detente in their tariff…
Wall Street is up to its armpits in bullish calls as tech stocks roar back
Markets in Asia and Europe were all over the place this morning—Europe…
California says State Farm can raise homeowner premiums 17% because of Los Angeles wildfires
State Farm has argued the emergency rate hikes are necessary to help…
Arby’s is selling a $85 outfit made entirely of napkins
In the world of fast fashion, many clothes are virtually disposable these…
Burberry is cutting 1,700 jobs as its turnaround plan starts slowly reaping results
Burberry showed promise of recovering from the struggling luxury market. But now,…
French unions urge nationalization of ArcelorMittal in bid to save hundreds of jobs
Unions in France fighting to save 600 jobs at ArcelorMittal operations in…
Online shoppers get a reprieve as Trump cuts tax on low-value Shein and Temu orders to 54%
It also says a per-package flat rate — as an alternative to…
