Finance
BigBear.ai Holdings Inc (NYSE: BBAI) gained 1.14% to close at $8.91. Trading volume reached 172.3 million shares, almost two times its three-month average of 94.5 million. The S&P 500 (SNPINDEX: ^GSPC) slipped 0.16% to 6,644.31, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 0.76% to 22,521.70 as investors digested renewed U.S.–China trade tensions. Peers were mixed…
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud. U.S. President Donald Trump on Tuesday stateside…
Federal Reserve boss Jerome Powell’s remarks on the US labour market fuelled expectations for another interest rate cut this month (ROBERTO SCHMIDT) Stocks jumped Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the bank would cut interest rates again this month. After a volatile couple of…
Hong Kong stocks rose on Wednesday, halting their longest stretch of declines since January 2024, as growing expectations of a Federal Reserve interest rate cut this month helped offset concerns over renewed tensions between China and the US. The Hang Seng Index gained 1.2 per cent to 25,749.68 at the noon break, rebounding from a…
It is a high-stakes confrontation. After China imposed its export controls, President Donald Trump threatened to impose a 100% extra tariff, sparking a market rout. Washington backtracked, signaling readiness to negotiate, and the markets calmed, at least temporarily. But the root problem remains: China dominates the supply of 17 key minerals, which have unique magnetic,…
By Sukriti Gupta and Twesha Dikshit The S&P 500 and Dow rose on Tuesday, shaking off a weak start, as investors digested Federal Reserve Chair Jerome Powell’s comments, while parsing mostly positive third-quarter results from big U.S. banks. Powell said the U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the…
US stock markets which have rallied during the AI boom are at risk of a “sudden, sharp correction” while government bond markets are under mounting pressure, the International Monetary Fund has warned. In its Global Financial Stability Report, published as policymakers gather in Washington for the IMF’s annual meetings, the Fund said that markets appear…
Walking up to The Plaza Hotel’s east side entrance, Andrew Ross Sorkin is in his element. Just seconds after his arrival, he dives into what the storied hotel was like a century ago, sending me scrambling to get my recorder out. “In 1929, people would come here and it was insane — every business guy…
WASHINGTON (TNND) — Amid escalating tensions over trade disputes, Treasury Secretary Scott Bessent shared that President Donald Trump will still be meeting with Chinese President Xi Jinping before the end of month. Last Thursday, China announced greater restrictions on the export of its rare earth materials, leading Trump to announce he intended to slap a…
If there is a bubble in artificial intelligence, much of the blame can be placed on Wall Street, not Silicon Valley.Financial markets are as frothy as they can be, and the appetite for risk appears to be insatiable. That’s why Sam Altman has been able to get otherwise rational companies and … Source link