Bonds rallied, U.S. stock futures rose, and the dollar weakened on Monday as investors welcomed the appointment of fund manager Scott Bessent as the next U.S. Treasury Secretary. Markets perceived Bessent as
MoreBritain’s FTSE 100 posted its largest weekly gain in over six months on Friday, driven by a drop in sterling that supported dollar-earning companies, while banks faced pressure from weak business activity
MoreU.S. President-elect Donald Trump announced on Thursday that he will nominate former Florida Attorney General Pam Bondi as U.S. Attorney General. This decision follows the withdrawal of former nominee Matt Gaetz, who
MoreApple (AAPL.O) will request a federal judge to dismiss the U.S. Department of Justice’s (DOJ) antitrust lawsuit accusing it of unlawfully dominating the smartphone market. The hearing, set for Wednesday in Newark,
MoreNvidia has consistently surpassed Wall Street revenue expectations for eight consecutive quarters, but analysts predict slower growth ahead. The chipmaker, central to the generative AI boom, is expected to report third-quarter sales
MoreRepublican U.S. Senator Markwayne Mullin on Sunday urged the House of Representatives to release an unreleased ethics report on alleged sexual misconduct involving a 17-year-old girl by Matt Gaetz, President-elect Donald Trump’s
MoreChinese President Xi Jinping pledged to work with President-elect Donald Trump’s administration while holding final talks with outgoing President Joe Biden. The two leaders met for two hours during the Asia-Pacific Economic
MoreUK stocks rose on Thursday, with luxury brand Burberry leading gains in the mid-cap index after unveiling a turnaround plan, while investors awaited speeches from finance minister Rachel Reeves and Bank of
MoreAlibaba Group Holding missed analysts’ second-quarter sales estimates on Friday, as ongoing economic uncertainty in China continued to dampen consumer spending and weigh on the company’s domestic e-commerce business. The company reported
MoreFederal law enforcement agents conducted a raid on Wednesday at the downtown New York residence of Polymarket CEO Shayne Coplan, seizing his phone and electronics, as confirmed by the company. The early-morning
More