Ceasefire sparks broad rally across Wall Street
Wall Street staged a powerful rebound as investors responded to the U.S.-Iran ceasefire with a sharp shift back into risk assets. The rally was broad, but the biggest winners were the sectors
Tech stocks roar back on Iran ceasefire relief
U.S. stocks surged on Wednesday after President Donald Trump announced a two-week
Intel gets a lift from Musk’s Terafab partnership
Chipmaker joins a high-profile project in Texas Intel has secured a new
SpaceX Targets Retail Investors in Record IPO Push
SpaceX is preparing one of the most closely watched public offerings in
OpenAI Pushes Policy Debate Beyond the Lab
OpenAI has moved further into public policy by publishing a broad set
Trump files $5bn lawsuit against JPMorgan and Dimon
Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of
Natural gas prices jump as Arctic cold grips the U.S.
Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense
UK court backs regulator on cross-border card fee caps
Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s
U.S. Holiday Retail Sales Rise as Shoppers Seek Deals
Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting
RBC boosts dividend as record results fuel global ambitions
Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board
Business
Trump’s Drug Tariffs Reshape Pharma Pressure
President Donald Trump has moved to intensify pressure on the pharmaceutical industry by ordering 100% tariffs on branded drugs imported into the United States
McCormick Strikes $45 Billion Unilever Foods Deal
McCormick has agreed to buy most of Unilever’s food business in a
JetBlue Raises Bag Fees as Fuel Costs Jump
JetBlue Airways is increasing checked baggage fees as fuel prices surge in
Netflix Lifts Prices Across All Plans
Streaming leader raises monthly rates again Netflix has increased prices across its
Meta layoffs clash with massive exec pay plan
Job cuts and billion-dollar incentives highlight a company in transition toward artificial
Meta faces legal blows as pressure builds
Two courtroom defeats deepen scrutiny of the company’s platforms just as investors
Amex adds ChatGPT credit to business cards
New perk could be useful, but only for firms already paying for
Microsoft Expands AI Push With New Multimodal Models
Microsoft has unveiled three new foundational artificial intelligence models designed to generate text, voice, and images, a move that underscores its determination to build a broader in house AI platform even as
OpenAI Makes Surprise Move Into Tech Media
OpenAI has bought TBPN, an online technology talk show that built a
Jury Ruling Puts Meta and YouTube Under Pressure
A California jury has found that Meta and YouTube harmed a young
Google Warns on Quantum Encryption Risk
Tech groups face a shorter security timeline Google is urging banks, governments
Arm breaks with its old model through a new AI chip
New processor marks a break from the company’s old licensing-only model Arm
Euro zone stalls as energy shock bites
Business surveys show war-driven cost pressure is already hitting activity Private sector growth in the euro zone nearly stalled in March, adding to signs that the war in the Middle East is
Bank of England Holds as Iran War Clouds Outlook
Markets shift from rate-cut hopes to fears of tighter policy The Bank of England has left interest rates unchanged, but
US Diesel Tops $5 as Oil Shock Hits Economy
Fuel surge raises pressure on freight and consumer costs Diesel prices in the United States have climbed above $5 a
RBA Lifts Rates Again as Inflation Stays Sticky
Second straight move takes policy setting to 4.1% Australia’s central bank has lifted interest rates for a second consecutive meeting,
Oil Near $100 Sends Global Stocks Lower
Global equities fell on Thursday as global stocks fall oil near $100 became the market’s dominant theme. Traders reacted to