Business

Markets Slip Amid Geopolitical Tensions and Fed Uncertainty

S&P 500 logs third straight loss as rate cut timeline and Middle East risks weigh on sentiment The S&P 500 slipped 0.22% on Friday to close at 5,967.84, marking its...

Accenture Drops 7% Despite Revenue Beat and Raised Outlook

Investors focus on falling bookings and growth concerns Shares of Accenture (NYSE: ACN) slid 6.8% to close at $285.49...

Canada Threatens Tariff Hike as US Trade Talks Stall

Steel and aluminum tariffs may rise if no deal is reached by July Canada warned on Thursday it could...

Fed Holds Rates Steady as Markets Watch Iran Tensions

Stocks mixed as investors weigh Fed outlook and geopolitics U.S. markets ended mixed on Wednesday as the Federal Reserve...

Thailand Seeks U.S. Tariff Deal as Exports Surge in May

Proposal to reduce tariffs and boost U.S. trade to be submitted Friday Thailand held critical trade discussions with the...
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Apple and Google Hit with Multi-Billion EU Fines in Court Decisions

In a significant move against Big Tech, the European Union's highest court has upheld major financial penalties against both Apple and Google. The European...

Nelson Peltz Steps Down as Chair, Wendy’s Begins New Era

Nelson Peltz, a key figure in Wendy’s growth and strategic direction over the past 17 years, has stepped down as chairman of the company’s...

Apple Launches iPhone 16: AI Revolutionizes User Experience

Today, Apple is unveiling the highly anticipated iPhone 16 at its annual hardware event. While the device’s exterior may not appear dramatically different, the...

Surge in Restaurant Bankruptcies Highlights Industry Struggles

The restaurant industry is facing a challenging year as a growing number of chains file for bankruptcy. As of 2024, at least ten notable...

Increase in AI-Generated Spam Floods Facebook Feeds

Recently, Facebook has seen a noticeable rise in AI-generated spam content invading users' feeds. People who used to check Facebook to keep up with...

Abercrombie & Fitch Boosts Annual Forecast Amid 21% Revenue Surge

Abercrombie & Fitch recently reported robust financial results for its fiscal second quarter, with a 21% jump in revenue, showcasing the retailer's continued growth...