Major technology stocks, which have driven much of the stock market’s remarkable gains over the past year, have experienced a significant downturn this week. This marks the steepest decline for these stocks in nearly a year, triggered by new economic data and evolving expectations about […]
Investors, who had largely priced in a decisive victory for the BJP, were met with a rude shock as the party failed to secure a strong mandate in the 2024 Lok Sabha elections.
In a sign of a cooling labor market, U.S. job openings have fallen to their lowest level in over three years, according to the latest data from the Labor Department
Germany, the largest economy in Europe, is on a precarious economic path, facing potential stagnation due to its ageing population, warns the International Monetary Fund (IMF).
In a recent statement that has rippled through financial markets, Federal Reserve Governor Christopher Waller has indicated that there is no immediate need to adjust interest rates, despite the latest inflation data not meeting expectations.
In the wake of a robust rally in the U.S. stock market, particularly among AI-focused tech stocks, analysts are weighing in on the discourse surrounding a potential market bubble.
n a desperate move to rejuvenate public support and stimulate the economy amidst sluggish growth and mounting public debt, the British government has unveiled a series of tax cuts.
Germany, Europe’s largest economy, is facing a bleak outlook for 2024, as it struggles with the fallout of Russia’s full invasion of Ukraine, high inflation, labor shortages and weak global demand.
Reddit, the popular online forum where millions of users post, comment and vote on a variety of topics, has signed a lucrative deal to sell its vast trove of user-generated content to an unnamed artificial intelligence company
Economists have a dismal track record of predicting recessions, often missing them completely or being too late to recognize them.
The sale, which took place on Feb. 7 and Feb. 8, is part of a plan that Bezos announced last week to sell up to 50 million shares of Amazon over the next year, with an estimated market value of $8.4 billion.
PayPal Holdings, the digital payments giant, said on Tuesday that it would cut about 2,500 jobs, or 9 percent of its global workforce, this year, as it faces increasing pressure from competitors and rising costs.
Despite reporting strong earnings growth for the fourth quarter of 2023, Alphabet and Microsoft saw their share prices fall on Wednesday, as investors were not satisfied with some aspects of their performance.
The ruling, which sided with the Biden administration and six Democratic state attorneys general, marked a major setback for Spirit, which had hoped to join forces with JetBlue to create a national low-fare challenger to the dominant Big Four airlines: American, Delta, United and Southwest.
