Fitch Ratings reported that defaults among U.S. corporate borrowers of private credit reached a record 9.2% in 2025, up from 8.1% in 2024.
The SEC fined the New York Stock Exchange $9 million over a 2023 glitch that disrupted opening trades, halting stocks and causing wild price swings.
UK office occupancy is stabilizing above 40%, the highest since pre-Covid, as hybrid work persists and employees favor purposeful in-office days.
Trump's upcoming China visit focuses on maintaining stable ties and advancing Boeing and soybean deals, with major investment resets unlikely.
UK hiring remains weak as companies stay cautious, pushing unemployment to a five-year high despite modest recovery in business activity.
Rising oil and geopolitical tensions force Asian central banks to rethink policies, balancing growth support with inflation and currency risks.
Nvidia-backed AI firm Nscale raises $2B in Series C funding, boosting valuation to $14.6B ahead of plans for an IPO.
China's consumer prices rose 0.8% in Jan–Feb as Chinese New Year spending increased demand.
Oil jumped 25%+ as war with Iran closes the Strait of Hormuz. With supply cuts and record prices, the global energy market faces its biggest shock in decades.
SoftBank Group is seeking up to $40B in loans to fund more investment in OpenAI, as CEO Masayoshi Son doubles down on AI growth.
Overseas investors are revisiting Hang Seng Properties Index as Hong Kong's housing market shows recovery, with the index rising over 20% in 2026.
Kroger forecasts weak 2026 sales and profit as new CEO Greg Foran focuses on digital growth and promotions amid cautious shoppers.
Delta Air Lines promotes Dan Janki to COO and Peter Carter to president as ops chief John Laughter prepares to retire April 30.
Citi forms AI-focused banking unit, invests in Japanese firm Sakana AI to back data centers, computing power, and AI infrastructure growth.
Amazon cuts 100+ robotics jobs, continuing layoffs after January's 16,000 cuts. AI efficiency and halted Blue Jay robot cited as reasons.
Tesla's UK sales fell to 2,422 vehicles in February, down 37% YoY, as Chinese rivals like BYD see surging EV demand despite Tesla still leading in total volumes.
Morgan Stanley has laid off 2,500 employees to streamline for AI, despite record 2025 revenue. The cuts span major divisions but spare advisors.
Anthropic and the DoD have resumed negotiations after a rift over AI safety terms and surveillance concerns, despite recent supply-chain risk threats.
DHL forecasts 2026 EBIT slightly below expectations amid weak global demand and trade disruptions; shares fall 3%.
Ford recalls 604,533 vehicles over faulty windshield wipers and 11,431 for driveshaft issues, per NHTSA. Free repairs offered.
Nvidia CEO Jensen Huang says its latest investments in OpenAI and Anthropic may be the last as both AI firms prepare for IPOs.
Xiaomi tests humanoid robots in car production, completing assembly tasks autonomously with 90% success, aiming to expand use over five years.
Deutsche Bank's AI warns AI could disrupt finance and tech jobs, hitting wealth management, trading, and data roles, while boosting GDP and productivity.
China reached its 2025 GDP target of 5%, aided by record trade surplus, but quarterly growth fell to a three-year low amid weak domestic demand.