Breaking News: Markets
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at […]
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Stocks making the biggest moves premarket: Ulta Beauty, Airbnb, Gap, American Eagle and more
Check out the companies making headlines before the bell: UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million and $350 million, while analysts polled by FactSet […]
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Caviar and privacy: Airlines’ business-class wars are here
American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature […]
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Trump accuses China of violating preliminary trade deal
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images President Donald Trump on Friday accused China of violating a preliminary trade agreement with the United States. Trump made the claim in a social media post a day after Treasury Secretary Scott Bessent said that trade talks with […]
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India’s economy grew by faster-than-expected 7.4% in the March quarter
Indian tourists and Kashmiris walk near the clock tower (Ghanta Ghar) in Srinagar, Jammu and Kashmir, on May 28, 2025. Firdous Nazir | Nurphoto | Getty Images India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. The print for the gross domestic product […]
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Could the euro pose a threat to King Dollar?
The euro has seen significant gains against the dollar amid uncertainty around President Trump’s tariffs policies. Matt Cardy | Getty Images News | Getty Images U.S. President Donald Trump’s tariffs regime has sparked volatility in American assets — and European officials are making no secret of wanting the euro to seize upon wavering confidence in […]
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U.S. foreign tax bill sends jitters across Wall Street
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors. The “One Big Beautiful Bill Act,” which passed through the U.S. House […]
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European stock markets rise amid U.S. tariff uncertainty
European stock markets broadly rise European stock markets broadly moved higher despite U.S. tariffs being re-imposed by U.S. courts. The Stoxx Europe 600 index is up 0.1%, the FTSE 100 added 0.4% and Germany’s DAX is higher by 0.3%. Meanwhile, France’s CAC 40 bucked the trend by declining 0.2% in early trade. — Ganesh Rao […]
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South Korea’s Hybe opens China office amid hopes of a K-pop reversal from Beijing
The Hybe Building in Seoul, South Korea. Sopa Images | Lightrocket | Getty Images South Korea’s largest K-pop agency Hybe has established its first office in China — amid signs that Beijing is lifting its unofficial ban on K-pop shows. The agency behind global sensation BTS has been preparing to establish itself in China since last […]
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Stock futures slip as investors await more trade news and fresh inflation data: Live updates
Traders work on the floor at the New York Stock Exchange on March 26, 2025. Brendan McDermid | Reuters Stock futures inched lower on Thursday night as investors continue to navigate a volatile global trade landscape. Futures tied to the Dow Jones Industrial Average pulled back 63 points, or 0.1%. S&P 500 futures fell 0.2%, […]
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