Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ estimates, as the bank’s net interest income declined by $3.1 billion from […]
Markets
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S&P 500 ekes out all-time closing high as Fed minutes eyed
NEW YORK, Feb 18 (Reuters) – The S&P 500 squeaked past its previous record closing high on Tuesday at the top of a holiday-shortened week, with earnings season […]
Economy
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Argentina’s President Javier Milei faces probe over cryptocurrency crash
A judge in Argentina will investigate President Javier Milei’s role in promoting a cryptocurrency that crashed, marking the biggest crisis of his presidency to date. Opposition lawmakers also […]
Economy
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Donald Trump considers 25% tariff on imported cars
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NewsLetter
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Dramatic video shows moment Delta plane flipped after landing in Toronto
New, dramatic video captures the moment Delta Flight 4819 caught fire and rolled over upon landing at Toronto Pearson International Airport on Monday afternoon. The footage, which has […]
Banks
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Southwest Layoffs Will Take 15% of Its Work Force
Southwest Airlines is set to lay off 15% of its corporate staff as part of a cost-cutting effort. This move, which includes senior leadership, marks the first mass […]
Technology
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Elon Musk’s xAI Launches Grok 3 Model It Claims Outperformed Rivals in Blind Tests
Elon Musk’s xAI has launched Grok 3, the latest version of its AI model, which the company claims outperformed rivals in blind tests. According to Musk, the new […]
Real Estate
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Home builders just got a reality check — and it’s not good news for home buyers
U.S. homebuilders are raising concerns over tariffs, leading to a drop in sentiment to a five-month low. The National Association of Home Builders (NAHB) reported that builder confidence […]
Markets
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Nvidia’s stock is climbing again, and this overlooked reason is helping
Nvidia’s stock has nearly recovered from the DeepSeek selloff, marking a significant revival. This resurgence is seen as the end of the Great DeepSeek AI Panic. The stock’s […]
Economy
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Trump Says Likely to Impose 25% Tariffs on Cars, Drugs, Semiconductors
President Donald Trump announced that he is likely to impose tariffs of around 25% on automobile, semiconductor, and pharmaceutical imports. The new duties, if implemented, would significantly widen […]