News

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Thu, 24 Jul 2025 09:30:04 GMT

ECB to continue keeping the rates steady

The ECB is set to hold rates after seven cuts, pausing at 2% as it waits for clarity on EU-U.S. trade ties after inflation fell from post-COVID and war surges.

Thu, 24 Jul 2025 06:40:06 GMT

Trump to see Chair Powell

President Trump will visit the Fed Thursday after blasting Chair Powell for not cutting rates enough, even calling him a "numbskull" and hinting at firing him.

Thu, 24 Jul 2025 03:30:03 GMT

Stellantis recalls over 120,000 vehicles

Stellantis is recalling 121,398 U.S. vehicles over head restraints that may not lock properly, raising injury risks in a crash, U.S. regulators said.

Wed, 23 Jul 2025 21:30:04 GMT

Senators seek explanation on Delta's AI-based pricing

Three Democratic senators urged Delta to explain its AI-based ticket pricing, warning it could raise fares to each traveler's "pain point" and harm consumer privacy.

Wed, 23 Jul 2025 18:30:06 GMT

BoE warns of global debt rise

UK borrowing costs high amid global interest rate pressures, driven by U.S. policy mix

Wed, 23 Jul 2025 15:30:05 GMT

U.S.–Japan trade deal helps Nikkei

Nikkei jumps 3.2% after U.S.–Japan trade deal boosts investor confidence across Asian markets.

Wed, 23 Jul 2025 12:30:06 GMT

Equity outflows grow

$5.3B exits from global equity funds on tariff fears; bond and precious metal funds see inflows.

Wed, 23 Jul 2025 09:30:05 GMT

General Motors profits fall

GM's Q2 profit fell 32% to $3B, hit by $1.1B in tariffs. It warns Q3 will be worse, with trade headwinds possibly costing $4–5B, though 30% may be offset.

Wed, 23 Jul 2025 06:30:05 GMT

Julius Baer profit dip

Swiss bank Julius Baer reports, half-year profit down 35%, but net new money doubled to CHF 7.9 bn.

Wed, 23 Jul 2025 03:30:04 GMT

JPMorgan thinking about possible crypto loans

JPMorgan is exploring loans backed by clients' Bitcoin and Ether holdings as part of its next-year crypto push.

Tue, 22 Jul 2025 21:30:05 GMT

Ether Machine IPO

Ether Machine, backed by Ethereum giants, plans a $1.6B Nasdaq debut to become a key investment vehicle for Ether.

Tue, 22 Jul 2025 18:30:03 GMT

Wells Fargo banker stays in China

China banned a Wells Fargo banker from leaving the country due to a criminal probe, adding to U.S.-China tensions.

Tue, 22 Jul 2025 15:30:04 GMT

Brazil–U.S. Trade Deal Delay

Brazil may miss the Aug. 1 deadline for a U.S. trade deal, risking tariffs on exports if talks fail.

Tue, 22 Jul 2025 12:30:08 GMT

U.S. Bank Rules Reform

U.S. Treasury's Bessent pushes to scrap dual capital rules, calling current bank regulations too complex.

Tue, 22 Jul 2025 09:30:04 GMT

Swiss Currency Intervention

Swiss bank deposits hit 15-month high, fueling talk that the central bank may intervene to weaken the franc.

Tue, 22 Jul 2025 06:30:05 GMT

Kraft Heinz to have a possible spinoff

Kraft Heinz may spin off slower-growing brands like Velveeta into a $20B entity—a bold move to revive growth after its troubled 2015 merger.

Tue, 22 Jul 2025 03:30:05 GMT

Consumer confidence falls in UK

UK consumer confidence fell for the first time in nearly 3 years, dropping 2.6 points to 10.4% in Q2, as job security concerns rise.

Mon, 21 Jul 2025 21:30:05 GMT

Critical mineral exports fall in China

China's antimony and germanium exports fell 88% and 95% since January amid a smuggling crackdown led by its top spy agency. Both are key tech and defense minerals.

Mon, 21 Jul 2025 18:30:04 GMT

Server attacks on Microsoft

Microsoft warns of active attacks on server software used by agencies and businesses; urges urgent updates. FBI is investigating with partners.

Mon, 21 Jul 2025 15:30:05 GMT

China comments on Canada's steel duties

China's Ottawa embassy slammed Canada's new steel duties as WTO violations, saying they harm global trade, despite a recent deal to mend ties.

Mon, 21 Jul 2025 13:20:04 GMT

Ryanair to keep commitment to Boeing

Ryanair will keep its MAX 10 orders for 2027 after Boeing assured on-time delivery, avoiding a switch to smaller MAX 8-200s, CEO O'Leary said Monday.

Mon, 21 Jul 2025 12:30:06 GMT

Public media funding cut in U.S.

The GOP-led House passed Trump's $9B cut to public media and foreign aid, excluding $400M for HIV/AIDS program. Bill heads to the White House to be signed.

Mon, 21 Jul 2025 09:30:04 GMT

Wall Street bets on a rate cut in UK

Sticky inflation and a strong job market prompt Wall Street to drop forecasts for a September Bank of England rate cut after UK inflation rises to 3.6% in June.

Mon, 21 Jul 2025 06:30:04 GMT

Champagne makers explore different markets amid tariff threats

Champagne makers seek new markets like Brazil and Asia after Trump threatens 30% tariffs on EU goods. U.S. is top buyer, and tariffs may raise prices, cost jobs.

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