Technology shares extended the week’s US stocks rally after a key measure of inflation cooled last month, suggesting the Federal Reserve may be close to ending its rate-hiking campaign. Treasuries rose.
The indictment of Donald Trump over a $130,000 hush money payment to porn star Stormy Daniels has provoked fresh skepticism over whether Manhattan District Alvin Bragg chose the right case to prosecute the former president.
Beijing opened a new front in the escalating semiconductor battle between the the US and China, launching a cybersecurity review of imports from America’s largest memory-chip maker, Micron Technology Inc.
Charles Schwab Corp.’s worst month in more than 35 years has sparked a debate among analysts as to whether the brokerage giant has been unfairly punished by investors amid growing fears about the US banking sector.
Investors are seeking protection for inflation that’s poised to stay higher for longer because they expect the Federal Reserve to abandon its fight for price stability prematurely to support the financial sector.
Oil fell for the fifth consecutive month, culminating in its second quarterly drop since early 2020.
The European Union started work on setting its 2040 climate goals, signaling future policies would require greener consumer lifestyles and more effort from businesses across the economy to meet climate neutrality by the middle of the century.
Flow, Adam Neumann’s new residential real estate company, is considering launching in Saudi Arabia.
Donald Trump’s indictment followed a head-spinning two weeks during which the former president predicted his own arrest but, almost as quickly, suggested that he’d beat the rap.
Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says are “material” legal risks, in a move that marks the latest blow to a coalition built by former Bank of England Governor Mark Carney.
