Palantir shares dropped 12.5% after CEO Karp's stock plan and news of potential U.S. defense budget cuts. The company is heavily tied to defense contracts.
Trump supports a $4.5 trillion tax cut plan, rejecting Senate Republicans' push for quick immigration funding, favoring a larger bill that could take months to finalize.
Belgium faces travel chaos with a 9-day train strike starting Feb 21, protests in Brussels on Feb 20, and ongoing airport strikes. Disruptions may last into spring.
ECB's Gabriel Makhlouf warns of risks to slowing inflation amid uncertainty. While cuts are expected, the outlook for rates remains flexible due to economic concerns.
European banks are thriving, up 18% this year, with strong earnings and share buybacks boosting momentum. Investors expect the rally to continue, leading the market.
Mercedes-Benz plans cost cuts to revive sales amid stiff competition. Earnings slumped 40% in 2024, with a bleak 2025 forecast and reduced dividend payout.
Nikola Corp. filed for bankruptcy, planning to liquidate assets. Struggling with weak sales, cash flow, and a collapsing stock price, it faces $1B-$10B in liabilities.
Brazil's prosecutor-general charges Jair Bolsonaro for plotting a coup, including plans to poison President Lula and kill Supreme Court Justice de Moraes.
Surging demand for Hong Kong stocks led banks to borrow HK$5.5 billion from the HK Monetary Authority, the largest amount since 2019, driving up funding costs.
Gold traded near $2,935, close to its record high, as tariff threats from Trump and geopolitical tensions boost its appeal. Goldman Sachs raised its year-end target to $3,100.
The Trump administration plans to cut 40% of staff at the Federal Housing Administration, affecting mortgage insurance for low-income and first-time homebuyers.
Inflation rose to 3% in January, the highest in 10 months, driven by higher airfares, food costs, and private school fees due to new VAT rules.
Trump plans to impose 25% tariffs on autos, semiconductors, and pharmaceuticals starting April 2, aiming to reshape global trade.
Johnson & Johnson faces a crucial test on its $10B proposal to end lawsuits over baby powder causing cancer, seeking approval for its third attempt through a subsidiary's bankruptcy.
UK workers' pay grew 6% in Q4, above forecasts, while unemployment held steady at 4.4%. Job vacancies increased slightly, with the pound rising after the data.
European bonds fell as concerns grow over increased debt sales for defense spending amid the Ukraine war. Defense stocks surged, and the pound pared losses after strong wage data.
Visa launches its 'Tap to Add Card' service in Ukraine, Georgia, and South Africa, allowing users to add cards to mobile wallets securely with a tap, improving convenience and security.
The Air Force One program may be delayed until 2029 or later due to supply chain issues and changing requirements, a senior official said after the project missed its deadline.
Tesla announced it has started mass production of the revamped Model Y at its Shanghai factory, marking a new milestone in its global automotive operations.
Goldman Sachs raised its 2025 gold price forecast to $3,100, citing strong central bank demand and rising ETF holdings, which should offset normalizing investor positioning.
Delta flight DL4819 from Minneapolis flipped upside down after landing at Toronto Pearson Airport, injuring 18, including 3 critically, amid windy, snowy weather.
Mexican tequila makers worry a 25% U.S. tariff could hurt their businesses. Melly Barajas says her supply chain is frozen, awaiting a decision after a 30-day pause.
Blackstone plans to take an $800M loan to buy a stake in a 50-story office building in New York City, sources say.
UK's Assura rejects a £1.56B from KKR and Universities Superannuation Scheme, the U.S. private equity group said on Monday.