World
Asia-Pacific stock markets are set to open lower as Iran-Israel conflict dents investor sentiment
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets were set to fall Wednesday, as escalating tensions between Israel and Iran weigh on investor sentiment. Adding fuel to fire, U.S. President Donald Trump is weighing a military strike on Iran, while demanding the country’s leader […]
Read More
Monopoly maker Hasbro cuts 3% of total workforce amid higher tariff costs
The Hasbro Inc. logo is seen on a toy for sale in a store in Manhattan, New York, on Nov. 16, 2021. Andrew Kelly | Reuters Toy seller Hasbro has cut 3% of its global workforce in its latest cost-cutting effort amid higher U.S. tariffs on toys from China. The job cuts amount to about 150 employees. According […]
Read More
Musk’s xAI on track to raise $5 billion in fresh debt, following modest demand
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with […]
Read More
The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect
Federal Reserve Chair Jerome Powell. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and Middle East turmoil will have on the economy. While any immediate movement on interest rates seems improbable, the policy meeting, which […]
Read More
Stock futures slip ahead of the Federal Reserve’s rate decision: Live updates
Traders work at the New York Stock Exchange on June 17, 2025. NYSE U.S. stock futures inched lower on Tuesday night, as traders brace for the Federal Reserve’s rate policy decision due Wednesday afternoon. Futures tied to the Dow Jones Industrial Average slipped 99 points, or 0.2%. S&P 500 futures shed 0.2%, while Nasdaq 100 […]
Read More
U.S. Treasury yields slide after retail sales tumbled in May, raising recession fears
U.S. Treasury yields fell on Tuesday after retail sales narrowed more than Wall Street economists had expected, lifting bond prices and raising concern that the economy is headed for a slowdown or even a recession. The yield on the benchmark 10-year Treasury note fell more than 6 basis points to 4.387%, while the 2-year Treasury […]
Read More
India regulator says no ‘major safety concerns’ on Air India’s Boeing 787 fleet
A tail of an Air India Boeing 787 Dreamliner plane that crashed is seen stuck on a building after the incident in Ahmedabad, India, June 12, 2025. Amit Dave | Reuters India’s aviation safety watchdog said on Tuesday surveillance conducted on Air India’s Boeing fleet did not reveal any major safety concerns, days after one of its jets […]
Read More
This AI infrastructure leader is setting up for a move to all-time highs, according to the charts
Credo Technology is a relatively new company that came public in 2022 at an approximate $1.5 billion valuation. Amidst the AI boom in the past three years, this company has grown quickly to a $13 billion market cap company. From the looks of things, the stock is going higher. We added the name to our Active […]
Read More
International stocks are the best trade for the next five years, according to Bank of America investor survey
Investors are really pumped about the future of international stocks. Bank of America’s latest fund manager survey showed investors expect equities outside the United States will prove the best-performing asset class over the next five years. “Less than [one quarter] think U.S. assets will continue to dominate ranked returns, and just 5% anticipate bonds to […]
Read More
Top oil CEOs sound the alarm as Israel-Iran strikes escalate
Smoke billows for the second day from the Shahran oil depot, northwest of Tehran, on June 16, 2025. – | Afp | Getty Images Top oil chief executives have raised the alarm over Israel and Iran’s escalating conflict, warning about the consequences of further attacks on key energy infrastructure. Israel’s surprise attack on Iran’s military and […]
Read More