Economy
French Inflation Jumps to 2.4%, Bolstering ECB Rate Hike Prospects
French inflation unexpectedly accelerated to 2.4% in July, driven by services and energy, strengthening the case for a European Central Bank interest-rate...
The Editorial Team 1030 articles
Stocks
Apple’s Record Quarter Fails to Quell Investor Growth Concerns
Apple reported record quarterly results with revenue up 16% to $109.4 billion, yet its stock dropped 6% as analysts pressed on AI...
Investing
Lenovo Launches Five-Week Back to School Sale Through September 13, 2026
Lenovo has launched a five-week Back to School Sale from August 10 to September 13, 2026, offering doorbusters, student savings, and member...
Economy
US Jobless Claims Rise to 197K; Layoffs Remain Low Despite Headwinds
New US jobless claims rose to 197,000 last week, but layoffs stay historically low. The labor market shows resilience even as the...
Stocks
Amazon’s AI Agents Drive Q2 Sales Past $200 Billion Mark
Amazon's strategic deployment of AI agents across shopping, internal operations, and customer service propelled second-quarter sales to $200.6 billion, a 20% increase.
Stocks
Parex Resources Reports Strong Q2 2026, Boosts Production, Reaffirms Guidance
Parex Resources announced robust Q2 2026 results, driven by the Frontera acquisition, with July production reaching 83,500 boe/d and H2 guidance reaffirmed....
Investing
Leverage Fuels Spectacular Demise of AI Fund Situational Awareness
Leopold Aschenbrenner's AI hedge fund, Situational Awareness, spectacularly imploded this week, selling its $20 billion portfolio to Citadel. The rapid collapse highlights...
Finance
30-Year Mortgage Rate Reaches 6.66% as War Fuels Inflation
The average 30-year fixed-rate mortgage hit 6.66% this week, its highest in a year, driven by the war in Iran, rising oil...
Economy
Economy Slows to 1.5% Growth, Consumers Maintain Spending Pace
The U.S. economy grew at a 1.5% annual rate in the spring, a slowdown from Q1, but consumer spending remained strong at...