Wall Street rebounds broadly as bond yields weigh on weekly performance
U.S. stock markets posted broad gains Friday, though rising Treasury yields continue to weigh on weekly performance. The rebound reflects mixed signals in equity sentiment.
economy
Economy & Finance
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
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Gold, Silver Rally to Multi-Month Highs on Weaker Dollar
Gold and silver prices surged to multi-month highs in August, driven by a weaker dollar and Treasury debt buyback announcements, reversing a summer slump that saw gold fall 16% in Q2.
Tesla, others launch record vehicle recall in China
Tesla and other automakers have initiated record-scale vehicle recalls in China, signaling major quality or safety issues affecting the world's largest auto market.
El dólar cae a mínimos de mayo; peso colombiano, real y peso mexicano lideran en Latinoamérica
El dólar experimenta su peor semana desde agosto mientras monedas latinoamericanas como el peso colombiano, real brasileño y peso mexicano se fortalecen, impulsadas por altas tasas de interés locales y estrategias de carry trade.
El Ibex recupera terreno y modera caída semanal al acercarse a 20.000 puntos
El Ibex 35 español sube un 0,76% acercándose a los 20.000 puntos, moderando su caída semanal al 1% pese a la presión del petróleo por encima de 94 dólares.
Dividend ETF SCHD Posts 27% Gain, Outpacing Growth Funds
The Schwab U.S. Dividend Equity ETF (SCHD) has significantly outperformed expectations with a 27% year-to-date gain, surpassing growth-focused ETFs and challenging previous analyst assessments of dividend strategies.
Trump waives beef tariffs for 90 days to combat record-high prices
President Trump temporarily waived tariffs on 300,000 metric tons of ground beef imports for 90 days, aiming to lower consumer prices that have surged 57% over five years amid shrinking cattle herds.
Big Tech's AI borrowing binge strains investor appetite as debt concerns mount
US corporations are taking on massive debt to fund AI investments, pushing bond yields higher and testing investor tolerance as concerns grow about unsustainable capital demands.
Google's $12.2B Marvell Deal Reshapes AI Chip Stock Outlook
Google commits $12.2 billion to Marvell for AI chip supply, with potential to reach $120 billion, significantly strengthening Marvell's market position and valuation outlook.
Shein's IPO Dreams Fade as Fast-Fashion Giant Faces Growth Headwinds
Shein confronts regulatory and market pressures in the US and Europe, hampering growth prospects as its long-awaited IPO remains stalled.
Shein's IPO Momentum Stalls as Fast-Fashion Giant Faces Growth Headwinds
Chinese fast-fashion e-commerce giant Shein faces growth challenges ahead of its long-delayed IPO, with reports suggesting a potential Hong Kong market debut in September.
Hailey Bieber Spotted With Skylrk Earbuds as Brand Expands Into Audio
Hailey Bieber was spotted wearing Skylrk's new wired earbuds as the brand soft-launches its audio expansion, leveraging celebrity visibility for market entry.
Dollar slides to three-month low amid Treasury buyback concerns
The US dollar has fallen to a three-month low as market concerns about Treasury buyback programs weigh on currency valuations and investor confidence.
US-Canada tariff negotiations collapse, escalating trade tensions
The US and Canada have failed to reach a tariff agreement, deepening their trade dispute. The breakdown signals continued economic friction between the two nations.
Tesla, Waymo, Uber Win Las Vegas Robotaxi Operating Permits
Nevada regulators approved Tesla, Waymo, and Uber to operate up to 7,000 robotaxis in Las Vegas, marking a major milestone for autonomous vehicle commercialization in the U.S.
US equity funds attract investor money despite market headwinds
US equity funds continue to receive investor inflows even as broader market pressures persist, signaling sustained investor confidence in equities despite economic uncertainties.
Micron CEO Signals AI Shift With $10B Boise Research Campus Investment
Micron CEO announces $10 billion investment in Boise-based AI memory research lab, signaling the company's pivot toward AI-driven semiconductor demand and away from traditional boom-bust cycles.
South Africa busts major meth lab as Mexican cartels expand African operations
South African police arrested five people including two Mexicans after dismantling a $37m crystal methamphetamine lab near Zimbabwe. The discovery reflects a broader pattern of Mexican cartels establishing production facilities across Africa.
Chery's robot affiliate AiMOGA plans IPO, eyes global expansion
Chery's robotics affiliate AiMOGA is preparing for an initial public offering and targeting international markets, signaling expansion in the competitive robotics sector.
Royal Mail misses targets again but claims progress in turnaround effort
Royal Mail improved delivery performance year-over-year but still fell short of regulator Ofcom's targets, delivering 85% of first-class mail next-day versus the 90% requirement.
US National Debt Surpasses $40 Trillion Amid Economic Pressures
US national debt has exceeded $40 trillion, prompting policy discussions about deficit reduction and economic implications under the current administration.
Trump's Bond Market Calm Efforts Falter as Cuba Sanctions Escalate
The Trump administration's efforts to stabilize bond markets have proven ineffective as the US simultaneously escalates sanctions against Cuba, creating dual economic pressures.
Five reasons Prince Harry's surprise return to Britain upended expectations
Prince Harry has made a surprising decision to leave his California life and return to Britain, reversing what appeared to be a permanent relocation. The move contradicts years of public statements about his commitment to his American residence.
Ship pays $4M to bypass Panama Canal as El Niño drought threatens global shipping costs
El Niño-induced drought is forcing the Panama Canal to reduce ship transits, causing vessels to pay millions for alternative routes and driving up consumer costs globally.