Defense Secretary Pete Hegseth faces scrutiny over a controversial military strike in Venezuela and his critique of Senator Mark Kelly, amid rising calls for accountability.
Thanksgiving 2025 sees record holiday participation with 187 million Americans shopping, despite a cautious spending trend amid inflation and economic concerns, shifting dynamics for Black Friday and Cyber Monday sales.
Saudi Arabia plans to maintain high spending on strategic projects, borrowing to offset low oil revenue, aiming for economic diversification and reduced budget deficits by 2027.
HSBC appoints Brendan Nelson as its new chair, succeeding Mark Tucker, amid a strategic transition marked by restructuring and global trade tensions impacting the bank's operations.
Glencore cuts 2026 copper production targets due to industry slowdowns and mine setbacks, while exploring a joint venture with Vale to boost output by 2035.
Vale cuts its 2026 iron ore production forecast amid global supply concerns, while China boosts domestic production, potentially impacting market dynamics and prices.
Macy’s and Dollar Tree boost profit forecasts as consumer spending remains strong despite economic challenges, driven by strategic pricing and operational improvements ahead of the holiday season.
P&G and jewelry industry leaders express concerns over weak U.S. consumer spending, potentially impacting holiday sales and raising questions about economic stability and market trends.
Canadian banks, led by RBC, report strong earnings surpassing estimates, driven by capital markets and wealth management, despite economic challenges and increased credit loss provisions.
Emerging-market currencies gain traction as Citigroup diverges from Wall Street consensus, promoting trades to hedge against potential dollar resilience amid dovish Fed expectations.
Salesforce stock plunges due to amplified AI investment concerns and the Bank of England's warnings about debt risks affecting tech companies’ financial stability.
Global inflation slowdown prompts speculation of interest rate cuts in major economies as central banks reassess monetary policies amid easing inflationary pressures and growth considerations.