Chip Stocks Extend Declines as Wall Street Shows Mixed Trading
Global chipmakers faced continued losses on Thursday, extending a previous sell-off, while Wall Street experienced mixed trading and oil prices retreated to pre-war levels.
Global chipmakers faced continued losses on Thursday, extending a previous sell-off, while Wall Street experienced mixed trading and oil prices retreated to pre-war levels.

Credit card payments have outpaced debit card growth for the first time since 2000, according to the latest Federal Reserve Payments Study,...

The European Central Bank is advancing plans for a digital euro, aiming to reduce the EU's reliance on US payment giants and...

Morgan Stanley has significantly cut its oil price forecasts, citing a faster-than-expected recovery of flows through the Strait of Hormuz and increased...

Three in five homes listed for sale since January remain on the market, according to Zoopla, as high mortgage rates continue to...

The US Supreme Court blocked President Trump's attempt to fire Federal Reserve Governor Lisa Cook in a 5-4 decision, citing insufficient due...

The Bank for International Settlements warns current AI optimism and capital expenditure may be unsustainable, citing supply bottlenecks, over-investment, and opaque 'circular...

Lockheed Martin's Missile and Fire Control segment secured a $347.5 million U.S. Army contract for prototype air and missile defense system improvements.

Civeo Corporation's Western Canadian joint venture has secured a six-year contract renewal for workforce accommodations, extending services through June 30, 2032, and...

Cleveland-Cliffs Steel, a unit of CLF, won a maximum $400 million contract for grain-oriented electrical steel from the U.S. Defense, set to...

Corn futures extended gains Wednesday, driven by strong ethanol production and tighter-than-expected grain stocks. Front-month contracts led the rally, with cash prices...
The U.S. labor market saw a significant slowdown in June, adding 57,000 jobs, the Labor Department reported. This marks a deceleration from previous months, even as the unemployment rate dipped...

The United States has declined to renew the US-Mexico-Canada Agreement (USMCA) in its current form, setting the stage for complex annual reviews...

The US has declined to renew the USMCA for 16 years, opting for annual reviews and creating economic uncertainty across North America.

Swiss voters will decide on a far-right initiative to cap population at 10 million, sparking concerns over labor shortages and a potential...

Chinese inverter maker Sungrow Power Supply Co. saw its stock plunge 20% amid reports the US regulator is drafting a ban on...

The US government has lifted export controls on Anthropic's advanced AI tools, Fable 5 and Mythos 5, weeks after their suspension over...

China's factory activity expanded in June, with the official manufacturing PMI rising to 50.3, largely driven by robust demand for artificial intelligence...

Chancellor Friedrich Merz has introduced a comprehensive reform package for Germany, targeting tax cuts, pension system overhaul, and new sick leave rules...

Robinhood Markets has launched Robinhood Chain, a new Layer 2 blockchain built on Arbitrum and designed for real-world assets, alongside expanded DeFi...

FireFly Metals' latest assays at Green Bay, including 42m @ 6.1% CuEq, confirm outstanding high-grade continuity, poised to enhance early production.

Around half of Gen Z do not expect the state pension to exist by their retirement, prompting many to increase private pension...
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