US consumer confidence plummets to early pandemic levels due to inflation concerns, raising fears over future spending and economic stability amid a weakened job market.
The US boosts Romania's defense with a new anti-drone system, addressing rising Russian incursions and heightening security concerns for Ukraine and global oil markets.
Kalshi Inc. and other prediction markets challenge traditional exchanges, sparking concerns over rising consumer credit risks amid surging betting activities and declining stock engagement.
The recent cryptocurrency crash has severely impacted U.S. IPOs and SPAC deals, with Tether's instability sparking concern among retail traders and investors.
UK Chancellor Rachel Reeves faces scrutiny over her upcoming budget, balancing tax measures to bridge a £20 billion gap amidst market, party, and public pressures.
Volkswagen slashes EV development costs in China by 50% amid stiff competition, while Li Auto faces revenue challenges, underscoring the evolving Chinese EV market landscape.
Angola renegotiates a $1B loan with JPMorgan to stabilize its economy amid debt challenges, while Nedbank settles a $34.8M dispute with Transnet, avoiding litigation.
Ant Group reports a 10% profit growth, driven by AI expansion, boosting Alibaba's earnings and signaling a resurgence in China's tech sector post-regulation.
Poland boosts its defense against Russia, partnering with Sweden for submarines after a railway explosion labeled as state terrorism. NATO and regional responses intensify tensions.
Google's AI chip innovations are challenging Nvidia's dominance in the market, with potential partnerships with companies like Meta signaling a shift in the AI landscape.
Rep. Eric Swalwell sues FHFA Director Bill Pulte, alleging misuse of power to target Trump critics, amidst FBI probes of veteran Democrats. The case highlights political tensions.
The Trump administration intensifies its crackdown on Biden-era refugee admissions while facing legal challenges over contentious deportation policies, sparking heated debates on immigration rights.