The massive months-long rally in US stocks took a painful turn on Friday as traders rushed to dump mega-cap technology stocks and snap up more defensive names, while the latest employment data boosted expectations for an interest-rate hike this year.
United States President Donald Trump has sought to reassure farmers hard-hit by tariffs and the economic fallout of the US-Israeli war with Iran during a visit to Wisconsin.
WASHINGTON — The American job market continues to show surprising strength — good news for President Donald Trump who has taken a beating in the polls over the surging gasoline prices that followed U.S. and Israeli attacks on Iran.
President Donald Trump faces the risk that Iran will close the Bab el-Mandeb Strait if the conflict in the Middle East escalates, a scenario that would slash oil supplies to an already deeply disrupted market.
Meta shares dropped more than 5% on Friday after the Financial Times reported that the company could potentially raise tens of billions of dollars in a stock offering to fund its artificial intelligence investments.
Real estate agents advertising the most inaccurate property prices boast near flawless ratings on the nation’s largest listing platforms, prompting concerns buyers are being duped by online review systems that fail to capture – and have loopholes allowing agents to thwart – negative feedback.
Auction clearance rates have fallen to similar levels as the 2022 downturn and property prices are falling, but buyers who aren’t ready to capitalise risk missing out.
It is not hard to imagine the dancing feet of 1920s socialites in the rotunda ballroom, or Coco Chanel arriving with a present of silk pyjamas for her host.
WASHINGTON (AP) — After cooling slowly in 2024 and 2025, inflation is rising again, squeezing most Americans’ budgets and making it harder to afford gas, groceries, and other necessities. Inflation reached 3.8% in April from a year earlier, the highest in three years.
Director of the Federal Housing Finance Agency Bill Pulte, speaks to reporters at the White House, July 24, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson, File)
TIVAT, Montenegro — EU leaders are seeking consensus on a plan to offer candidate countries some of the economic and political benefits of membership while they navigate the years-long process of joining the bloc.
When black smoke hung in the sky above St. Petersburg as Russia’s flagship annual investment event opened this week, the result of a Ukrainian drone attack, the metaphor for Russia’s economy was almost too obvious to ignore.
A new spending discipline is taking hold inside corporate America, as CFOs and boards start cracking down on inefficient artificial intelligence spending. The change has the potential to reshape the AI trade.
Apple heads into next week's Worldwide Developers Conference with its stock near record highs, iPhone momentum improving and one unresolved question hanging over Tim Cook's final developer conference as CEO: Can Apple finally deliver the artificial intelligence experience it promised two years ago?
Ireland has barred Israel’s National Security Minister, Itamar Ben-Gvir and Finance Minister, Bezalel Smotrich, from visiting the country, citing their conduct towards pro-Palestinian activists and support for policies that would displace Palestinians from their homeland.
TWENTY-SEVEN Filipino and Dutch organizations from government, business, civil society, academe and development institutions came together on May 26, 2026, to launch the Philippines-Netherlands Sustainable Water Infrastructure Network (PH-NL Sustainable WIN), a new cross-sectoral platform aimed at accelerating the i…
ANGELES CITY — A second complaint was filed against the owner and the contractor of the collapsed building in the business district of Barangay Balibago here.
Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows …
A FINANCIAL Times article, titled “US military deepens ties with Japan and Philippines to prepare for China threat,” depicts the current defense and military configurations of the United States-Japan-Philippines security, defense and military alignment, which is unfolding and is more apparent these days.
Jun 05, 2026 - 07:04 pm The St. Petersburg International Economic Forum (SPIEF), Russia's flagship investment conference, is a fixture on the calendar of the country's political and business elite. In recent years, SPIEF has also become a platform for showcasing Russian industry and technology, with elaborate displa…
BANGKOK — At the Shangri-La Dialogue in Singapore last week, United States Defense Secretary Pete Hegseth pressed America’s Asian allies to spend 3.5 percent of their gross domestic product (GDP) on defense, fueling anxiety across the region and beyond. His browbeating call to arms may well bring about a regional de…