Browsing: Business

Major US banks reduced their combined workforce by 10600 employees in 2025 pushing Wall Street staffing to the lowest level since 2021 according to year end filings.

Chip equipment makers jumped after TSMC boosted sentiment, while the S&P MidCap 400 and Russell 2000 set records and breadth improved.

Argentina completed repayment of 2.5 billion dollars to the U.S. Treasury, reversing its swap draw and closing the Exchange Stabilization Fund position now.

By threatening tariffs linked to Iran trade, Trump disrupted established trade norms and raised immediate concerns among markets and foreign governments.

Shares of Alphabet lifted its market capitalization beyond $4 trillion, joining Apple, Microsoft and Nvidia among the most valuable publicly traded companies.

Brussels clarifies how foreign subsidies will be assessed in EU tenders, strengthening enforcement powers under the Foreign Subsidies Regulation.

Google Gemini AI will support parts of Siri under a new Apple partnership, extending AI capabilities across iPhone, iPad and Mac platforms globally.

Wall Street finished higher as gains in retail and technology offset weakness in financial shares, while gold prices climbed and the dollar softened.

Wall Street sold off card issuers after Trump endorsed a one year 10 percent cap on credit card interest injecting uncertainty into financial stocks.

Despite White House outreach, U.S. oil firms remain wary of Venezuela’s investment climate, emphasizing contract certainty and enforceable legal protections.