In a remarkable turnaround, S&P 500 and Nasdaq 100 futures have reached record highs, defying economic concerns. As investors await crucial inflation data, the market's momentum is undeniable, with significant weekly gains for major indices.
At the NATO summit, Trump declared the Israel-Iran war likely over, attributing the ceasefire to U.S. airstrikes. Meanwhile, economic optimism among business leaders has plummeted amidst ongoing geopolitical tensions.
US consumer sentiment has surged to its highest level since January 2024, with the preliminary June index showing significant improvement amid easing economic concerns and lower inflation expectations.
Despite economic uncertainty, many Americans, especially millennials, are prioritizing international travel this summer. Discover how they’re navigating budget concerns to book their dream trips to Europe.
After the US lost its last perfect credit rating, lawmakers are at odds over how to address the fiscal crisis. With a proposed bill potentially adding trillions to the deficit, investors are on high alert. Will Congress come together to avert further downgrades?
In a controversial move, the U.S. Supreme Court has permitted the Trump administration to terminate Temporary Protected Status for Venezuelans, potentially exposing hundreds of thousands to deportation as part of a hardline immigration strategy.
Asian shares fell as mixed Chinese economic data raised concerns over domestic struggles and U.S. tariffs. Wall Street futures also dipped amid rising Treasury yields and Moody's credit downgrade.
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
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.
In a stunning election result, Anthony Albanese and the Labor Party emerge victorious, leaving the Coalition in the dust. With a nod to Trump's influence, Albanese celebrates a mandate for optimism amidst global uncertainty.
