In a surprising turn, stocks and the dollar soared after the US and China agreed to a 90-day tariff pause. This pivotal moment has investors optimistic, but is it enough to stabilize the markets long-term?
Krispy Kreme's stock dropped 24% following an announcement to reassess its partnership with McDonald's. With economic concerns affecting spending, the doughnut chain has pulled its outlook for the year.
The Federal Reserve is anticipated to maintain interest rates as President Trump's tariffs raise fears of inflation and slower economic growth. With rising import taxes and consumer confidence dipping, the Fed faces a challenging economic landscape.
Bo Nickal's audacious claim of being a massive favorite against Khamzat Chimaev crumbles after his devastating loss to Reinier De Ridder, leading fans to label him as 'fraud checked'.
Amazon's cloud arm, AWS, is on track for a multibillion-dollar revenue boost driven by AI, even as tariffs and trade tensions threaten its retail business. Investors are keenly watching AWS's performance against Microsoft Azure.
The U.S. economy has contracted, raising fears of a recession amid plummeting consumer confidence and market declines. Protests loom against the Trump administration, while international tensions escalate in Kashmir and Ukraine.
McDonald’s reports a surprising 1% drop in global same-store sales, driven by economic uncertainty and weak consumer confidence. The U.S. market saw a 3.6% decline, the worst since 2020, prompting the chain to expand its value menu.
President Trump is reportedly set to remove national security adviser Mike Waltz, who has lost support within the administration. Discussions about potential replacements have been ongoing in the West Wing.
Gearbox's Borderlands 4 has had its release date moved up to September 12, sparking speculation about GTA 6. However, Gearbox's Randy Pitchford clarifies that the change is purely due to their confidence in the game's development.
The latest economic report reveals that the U.S. economy contracted in the first quarter, highlighting the significant effects of Trump's tariffs on businesses and consumer confidence amidst rising uncertainty.
