US stocks have dropped to their lowest levels since August, as rising geopolitical tensions and higher oil prices weigh on investor sentiment.
Amazon hit for $240bn as investors reassess AI spending
Nearly $240bn has been wiped off Amazon’s value as investors grow anxious over the eye-watering sums Wall Street is pouring into AI. Shares in the e-commerce giant plunged 10% at
Markets look to recover as Wall Street eyes bounce after sell-off
US stock indexes were set to open higher after a bruising sell-off in technology shares, though Amazon fell 7.5% in premarket trading after signalling a sharp increase in AI-related spending.
Wall Street hits record highs as Fed expected to hold rates
US stocks climbed to fresh record highs as Wall Street brushed aside concerns over a weaker dollar.
US stocks slide premarket as Powell investigation rattles markets
US equity markets are poised to open sharply lower later today following reports that US prosecutors have launched a criminal investigation into Jerome Powell, the Chair of the Federal Reserve.
Fed Holds Rates Steady, Rejects Trump’s Call for Immediate Cut
The US Federal Reserve has held interest rates unchanged, defying calls from Donald Trump for an immediate cut.
Fed Expected to Keep Rates Unchanged Despite Trump’s Call for Major Cuts
The US Federal Reserve is widely expected to keep interest rates unchanged this evening, resisting calls from Donald Trump for aggressive cuts to borrowing costs.
Trump Initiates Formal Process to Replace Federal Reserve Chairman
Trump Begins Process to Replace Fed Chair Powell, Says Treasury Secretary
Global Shares Dip as Investors Digest US Data and Powell Comments
Global equities edged lower on Tuesday as investors assessed a wave of US economic data and remarks from Federal Reserve Chair Jerome Powell.
Federal Reserve Chief Sounds Alarm Over Debt Amid Trump’s Tax Cut Push
Fed Chair Warns US Debt Path ‘Not Sustainable’ as Trump Pushes Tax Cuts
Trump’s ‘Big, Beautiful’ Tax Bill to Add $2.4 Trillion to US Deficit, Says CBO
President Donald Trump’s flagship tax-cut legislation, dubbed the “big, beautiful” bill, is projected to swell the US budget deficit by $2.4 trillion over the next decade, according to a new
US-UK trade deal to be announced (3pm UK time)
Downing Street has confirmed that Prime Minister Sir Keir Starmer will provide an update later today on the ongoing trade negotiations between the UK and the United States. A Number