February Jobs Report Shows Modest Gains
The February jobs report released on Friday showed slightly higher job gains and a rise in the unemployment rate to 4.1%, adding to investor concerns about the U.S. labor market and broader
Canada Faces Prolonged Trade War with U.S., Says Trudeau
Canada will remain in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, just hours before U.S. Treasury Secretary Scott Bessent publicly criticized
Walgreens Boots Alliance to Go Private in $23.7 Billion Deal
Walgreens Boots Alliance is set to go private in a deal worth up to $23.7 billion, marking the end of nearly a century as a publicly traded company. The move follows years
Japan Clears Key Threshold to End Long-Term Deflation
Japan has officially met the criteria for ending long-term price deflation, according to Economy Minister Ryosei Akazawa. The announcement underscores the government’s optimism about the economic outlook and could influence the timing
U.S. Dollar Falls to Multi-Month Lows After Weak Jobs Data
The U.S. dollar dropped to multi-month lows against the euro and yen on Friday after data showed the labor market in the world’s largest economy slowed last month, creating fewer jobs than
Dine Brands Revamps Applebee’s and IHOP Amid Sales Decline
Dine Brands, the parent company of Applebee’s, IHOP, and Fuzzy’s Taco Shop, is launching a bold initiative to modernize its restaurant chains as it faces declining sales and shifting consumer habits. Challenges
Macy’s Forecasts Weak Sales and Profit as Tariffs Weigh
Macy’s projected lower-than-expected annual sales and profit on Thursday, highlighting ongoing struggles for U.S. retailers facing reduced consumer spending and new trade restrictions. Shares of the company fell 3% in early trading
Wall Street Slumps as Tariff Uncertainty Shakes Markets
The turbulent week on Wall Street continued Thursday as investors reacted to President Donald Trump’s shifting tariff policies. Stocks slid sharply, with businesses and traders struggling to interpret the administration’s latest trade
BoE’s Bailey Urges U.S. to Resolve Trade Issues via Talks
Bank of England (BoE) Governor Andrew Bailey called on the United States to address global economic concerns through diplomatic dialogue rather than import tariffs. Speaking to British lawmakers on Wednesday, Bailey emphasized
Alibaba Unveils AI Model to Rival DeepSeek, Shares Surge
Alibaba shares surged after the Chinese tech giant unveiled a new AI reasoning model it claims can rival DeepSeek’s widely acclaimed R1. Stock Performance and Market Reaction Hong Kong-listed shares of Alibaba
