US job cuts soar as AI and rising costs reshape the workforce
US companies are cutting jobs at the fastest pace in over two decades, with artificial intelligence and cost pressures triggering…
Snap stock surges over 20% on strong earnings, $400M Perplexity AI partnership
Visual messaging app Snapchat’s owner Snap saw its shares soaring by more than 20% during pre-market trading on Thursday after…
BoE leaves rates unchanged amid split vote ahead of the budget
The Bank of England on Thursday decided to keep its benchmark interest rate unchanged at 4%, marking the first pause…
Trump tariffs in SC: what happened in the first hearing and when to expect a ruling
President Donald Trump’s sweeping tariff regime faced intense scrutiny at the Supreme Court on Wednesday. The justices from across the…
Commodity wrap: oil edges up on supply fears; gold reclaims $4,000/oz mark on soft dollar
Oil prices edged up on Thursday, boosted by concerns over supply as sanctions on Russian oil weighed on sentiments. Meanwhile,…
Gasoline tanker boarded by pirates off Somalia; 24 crew members safe
A product tanker flying the Maltese flag was boarded by pirates off the coast of Somalia, according to a Reuters…
Wall Street open: stocks dip as investors weigh AI valuations, SC tariff hearings
Wall Street indices dipped modestly on Thursday as investors monitored the soaring valuations in artificial intelligence stocks alongside the Supreme…
Trump strikes deal with Eli Lilly, Novo Nordisk to cut GLP-1 weight-loss drug prices
President Donald Trump announced a landmark agreement Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to dramatically slash prices…
S&P 500, Nasdaq futures slip amid tech volatility: 5 things to know before Wall Street opens
S&P 500, Nasdaq futures slipped on Wednesday, as the broader market continued to pull back. The difference mostly comes down…
Brazil’s central bank set to hold Selic at 15% as markets await data and earnings
This Wednesday (November 5), market attention is focused on the announcement of the Selic, Brazil’s benchmark interest rate, which is…