If AI is a bubble, the economy will pop with it
LONDON, Oct 1 (Reuters) – The old truism that the stock market is not the economy risks underplaying…
Oil takes a breather with OPEC+ output hike, US government shutdown in focus
OPEC+ may raise output by up to 500,000 bpd in November, sources sayU.S. crude stocks down 3.67 mln…
Oil settles lower as investors brace for possible OPEC+ output hike
OPEC+ plans larger increase to output in November, sources sayIraq’s Kurdistan crude oil flows via Turkey resumeNetanyahu supports…
Trade war storm buffets the Fed ever harder
U.S. Federal Reserve Chair Jerome Powell gestures during a press conference following the issuance of the Federal Open…
Trump’s trade war promises no real endgame
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington,…
ECB has grounds for stablecoin ire at Brussels
European Central Bank (ECB) president Christine Lagarde speaks during a press conference following the Governing Council’s monetary policy…
S&P 500 nears record high on Israel-Iran ceasefire hopes
Indexes up: Dow 1%, S&P 500 1%, Nasdaq 1.35%FedEx rises ahead of quarterly resultsAtlanta Fed chief says no…
Nippon Steel’s US win sets bad Japan M&A precedent
Nippon Steel logo is displayed at the company’s headquarters in Tokyo, Japan, April 1, 2024. REUTERS/Issei Kato/File Photo…
Mike Johnson’s reelection was ‘pure power politics at play’: Expert
Rep. Mike Johnson (R-La.) retains his position as Speaker of the House of Representatives after a tight vote…
Euro ticks up despite French govt collapse; bitcoin breaks $100,000
Euro hovers above two-year low hit in NovemberBitcoin hits $100,000 for the first timeYen rises as traders await…
Wall Street indexes dip with focus on Trump policies, economic data
Novavax drops 6% on cut to annual revenue forecastHoneywell jumps to record high as Elliott discloses stakeTesla ends…
Wall St rallies on election day as investors await outcome
Item 1 of 2 People vote for the 2024 U.S. presidential election, on Election Day at the Theater…