Dollar falls after data disappoints; Trump calls for rate cut
The dollar fell across the board on Wednesday after weaker-than-expected U.S. private payrolls numbers highlighted continued easing in the labor…
Oil Falls as Saudi Arabia Seeks More Major Production Hikes
Oil fell on signs Saudi Arabia wants another major production increase, raising expectations that a glut of crude will form…
Nvidia has soared 45% in 2 months. These forces are reviving the hype for Wall Street’s favorite AI play.
Nvidia shares are up 20% in a month, reflecting a major rebound for the chipmaker. Shares were down as much…
Oil slips on rising OPEC+ output, despite Canadian supply concerns
-Oil prices slipped in Asian trade on Wednesday, weighed down by concerns of increasing OPEC+ output and tariff tension that…
Toyota Industries sinks after parent’s takeover bid misses expectations
Shares of Toyota Industries (6201.T) fell more than 12% on Wednesday, after a $33 billion take-private offer for the forklift…
Oil Extends Gains as Canada Wildfires Offset OPEC+ Output Hike
Oil rose for a second day as supply disruptions from Canada’s wildfires countered OPEC’s latest bumper supply increase. West Texas…
Treasury and dollar slides reignite ‘Sell America’ fears. But there’s still a buying opportunity in one corner of US debt.
Treasurys are widely considered risk-free assets, but recent market patterns show investors are getting jittery. Long-dated Treasury yields breached 5%…
Aerospace sector warns new US tariffs could put air safety, supply chain at risk
A group representing major U.S. and global aeropsace companies on Tuesday warned new tariffs on imported commercial aircraft, jet engines…
Merck held talks to buy biotech MoonLake for over $3 billion
-Merck has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than $3 billion, the Financial Times reported on…
Stock market today: Dow, S&P 500, Nasdaq futures slip as Wall Street braces for renewed trade tensions
US stock futures slipped as trade tensions resurfaced between the US and key trading partners. Futures attached to the Dow…