Faisal Islam,Economics editor, Chris Mason,Political editor and Kate Whannel,Political reporter Getty Images Rachel Reeves has decided against raising income tax rates at the Budget after receiving better-than-expected economic forecasts, government sources have said. In recent weeks, the chancellor had given strong indications she would increase the tax – a move that would have broken Labour’s…
Gold prices soaring, Bitcoin plunging, new losses on the balance sheets of US regional banks: signs of looming financial turbulence have been multiplying. Among them, the frenzy surrounding artificial intelligence stocks is raising more and more questions, even among its main players, from Jeff Bezos (founder of Amazon) to Sam Altman (CEO of OpenAI), as…
The Nasdaq marked its biggest intraday comeback since April as Wall Street bought the dip in some key technology and artificial intelligence stocks. The Nasdaq Composite rose 0.1%. The Dow Jones Industrial Average fell 309 points, or 0.7%. The S&P 500 was down 0.1%.The yield on the 2-year Treasury note rose to 3.61%. The 10-year…
The Morning Bull – US Market Morning Update Friday, Nov, 14 2025 US stock futures are pointing lower this morning as investors digest stubbornly high Treasury yields and the latest inflation signals. The rate for a standard 30-year home loan climbed to 6.24%, making it costlier for families to buy homes and keeping pressure on…
Key Points XPeng generated excitement among investors at its AI Day last week. The EV maker set a new monthly vehicle delivery record in October. XPeng is scheduled to provide its third-quarter update on Monday, Nov. 17. Chinese electric vehicle (EV) makerXPeng(NYSE: XPEV) has bucked the “risk off” trade this week, rising as much as…
European markets opened significantly lower on Friday, following a retreat in Asian shares in the morning and Wall Street’s tumble on Thursday, as investors reassessed the outlook for interest-rate cuts and questioned the lofty valuations of leading US technology and AI stocks. “Markets are down across the board as investors fret about cracks in the…
What gives Michael Burry his rizz? Short-sellers have long been despised by the retail investing crowd, who have often taken bullish positions on the stocks short-sellers are betting will fall. Inside Business stories reveal the inner workings of companies from Silicon Valley to Wall Street that are shaping our world today. “The Big Short” investor, though,…
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 1.8% in the afternoon session after the company confirmed its two NASA-backed spacecraft successfully launched and began their journey to Mars. The probes, developed for the ESCAPADE mission in collaboration with the University of California, Berkeley’s Space Sciences Laboratory, lifted off from Cape Canaveral. Rocket…
U.S. stock futures declined on Friday after Thursday’s sharp sell-off. Futures of major benchmark indices were lower. This came despite the government reopening, as the Donald Trump administration stated that two of the most vital inputs for the Federal Reserve wouldn’t be released. White House Press Secretary Karoline Leavitt said, “All of that economic data…
Nvidia results on Wednesday could be key moment for tech, AI Stocks waffle during week amid shutdown end, rate uncertainty Walmart, Home Depot reports also due in coming week Investors brace for release of shutdown-delayed economic data NEW YORK, Nov 14 (Reuters) – Turbulence in technology stocks could ratchet higher in the coming week as…