Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
Despite initial fears of a recession, U.S. banks are experiencing a remarkable financial boom, with profits soaring and consumer spending remaining strong. Explore how market dynamics are shifting in favor of financial firms.
European stock markets opened higher as optimism grows over U.S.-China trade talks and a ceasefire between Iran and Israel, while the dollar hits a three-year low. Traders are betting on potential U.S. rate cuts.
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.
In a surprising diplomatic breakthrough, the U.S. and China have agreed to lower tariffs for 90 days, sending stocks soaring and reviving trade flows. This move could potentially stave off a recession and reinvigorate businesses. But will it last?
In a revealing NBC interview, Trump questions his constitutional obligations while discussing immigration, the economy, and potential successors. His bold claims and controversial remarks are stirring debate.
