Real GDP grew at only a 1.6% annualized pace in Q1, held back by trade and inventories. Consumer spending in the service ...
The insurer’s net combined ratio has surpassed 100% for nine of the past 10 quarters, with the 99.8% figure during the last quarter of 2021 being the only quarter under the break-even metric of ...
The so-called 'Magnificent 7' of U.S. megacap tech stocks has retreated sharply as first-quarter earnings updates kick off this week, with AI-chip star Nvidia swooning 10% on Friday after a nervy week ...
The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction ...
Hong Kong stocks led a surge in Asian markets as China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed as much as 2.2pc to put it on track for a ninth consecutive day of gains, ...
British mining giant Anglo American has rejected a £31.1bn takeover offer by Australian rival BHP. The FTSE 100 miner said ...
The dollar notched up its strongest weekly performance since 2022 after hot US ... economy in the first quarter. That would mark the end of the technical recession the UK slipped into at the ...
That was reinforced by other data on Friday showing import prices excluding fuels barely rose in March after surging at the start ... were trading lower. The dollar rose against a basket of ...
Alaska Air, the carrier that suffered a midflight blowout of a door plug on a Boeing aircraft in January, took a $162 million hit in its most recent quarter after ... s gains, surging 2% to ...