Investors rush toward stocks geared to a recession as market remains stuck in 9-month range

Investors rush toward stocks geared to a recession as market remains stuck in 9-month range



The S&P 500 has spent just about all of the past three months below the minus-5% threshold and finished last week at a level first reached nearly nine months ago.



Source

Japan’s core inflation cools in June as expected, coming down from 29-month high as rice prices ease
World

Japan’s core inflation cools in June as expected, coming down from 29-month high as rice prices ease

A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025.  Philip Fong | Afp | Getty Images Japan’s core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing. The figure — which strips out costs for fresh […]

Read More
European companies are jumping on the defense bandwagon as EU plans security splurge
World

European companies are jumping on the defense bandwagon as EU plans security splurge

From cruise ships to telecommunications, European companies are finding ways to increasingly pivot to military contracts as they seek to cash in on a defense boom that’s sweeping the continent. Europe’s defense sector has exploded in value this year, with the industry’s publicly listed companies riding a wave of bullish sentiment that has seen some […]

Read More
New U.S. assessment finds American strikes destroyed only one of three Iranian nuclear sites
World

New U.S. assessment finds American strikes destroyed only one of three Iranian nuclear sites

A satellite view shows an overview of Fordow underground complex, after the U.S. struck the underground nuclear facility, near Qom, Iran June 22, 2025. Maxar Technologies | Via Reuters WASHINGTON — One of the three nuclear enrichment sites in Iran struck by the United States last month was mostly destroyed, setting work there back significantly. […]

Read More