Investors remain cautious as they await the pivotal payrolls report, following a week of soft economic data and significant losses for Tesla amid the Trump-Musk feud. Will the report trigger a market reaction?
President Trump has ramped up steel and aluminum tariffs to 50%, impacting both domestic producers and industries reliant on these metals. As costs rise, the ripple effects could lead to higher consumer prices and job losses in other sectors.
European companies face mounting challenges in China, with declining market share and increasing operational difficulties. A recent survey reveals corporate pessimism is at an all-time high, raising questions about the future of European investments in the region.
Asian shares eased while US futures rose after Trump postponed EU tariffs. Investors remain optimistic ahead of key Federal Reserve speeches and Nvidia earnings report. The dollar faces a fifth month of losses amid concerns over US economic policies.
Donald Trump is under pressure from Senate fiscal hawks to cut government spending or face a blockade of his tax-cutting legislation. Key senators express deep concerns over the national debt and potential loss of health coverage for millions.
Wall Street's main indexes fell on Monday, driven by Moody's downgrade of the U.S. credit rating and rising Treasury yields. Technology stocks suffered significant losses, with Netflix and Tesla taking a hit.
Wall Street warns that the U.S. Department of Education's resumption of student loan collections could dramatically impact low-income Americans, potentially cutting billions from disposable income monthly. Experts predict a significant strain on consumer finances amid rising costs and economic pressures.
Burberry has announced plans to cut 1,700 jobs as part of a cost-saving initiative following a £66m loss. The cuts, primarily affecting the UK, aim to streamline operations and ensure the brand's future in luxury fashion.
In a surprising move, Microsoft has confirmed it will lay off thousands of employees, potentially affecting over 6,800 workers. This marks the largest wave of layoffs since 2023, as the tech giant navigates a challenging market.
One year after the Gannon storm, NASA reveals how this geomagnetic event disrupted satellites, caused financial losses for farmers, and even impacted Mars. Discover the incredible insights and lessons learned from this historic solar event!
