Financial
U.S. Stocks Edge Higher as Tech Gains Offset Dow's Third Losing Week
NEW YORK — U.S. stock futures remained little changed on Sunday after the Dow Jones Industrial Average posted its third consecutive losing week, while Wall Street saw a recovery in technology and arti...
Russian Equities End Flat as Broader Market Declines Amid Uncertainty
MOSCOW — Russian stock markets closed mixed on Sunday, with individual equities posting declines while the benchmark MOEX Russia Index finished unchanged. The trading session concluded at 21:40 GMT on...
Warren Buffett Steps Down as Berkshire Chairman, Names Son Howard to Role
OMAHA, Neb. — Warren Buffett has stepped down as chairman of Berkshire Hathaway Inc., ending his decades-long tenure at the helm of the conglomerate's board while retaining his position as a director ...
S&P 500 Historical Trends Point to Fourth Quarter Gains Despite Rate Risks
NEW YORK — The S&P 500 index faces a critical juncture as investors weigh strong historical performance patterns against the potential for Federal Reserve interest rate increases ahead of the fourth q...
Bond Yields Surge as Fed Raises Rates to Combat Inflation
WASHINGTON — Bond yields climbed sharply on Sunday as investors braced for a Federal Reserve interest rate increase, triggering fresh concerns about the stability of equity markets and the broader eco...
Markets Rally Ahead of Trump-Xi Summit as Gulf Tensions Loom
WASHINGTON — Global financial markets surged on Monday, with Bitcoin and Asian equities posting significant gains while crude oil prices fell, as traders positioned themselves ahead of a high-stakes s...
Korean Stock Market Struggles to Hold 7,000 Level Amid Global Headwinds
SEOUL — South Korea's domestic stock market faced renewed pressure on Saturday as investors digested a convergence of negative factors, including concerns over artificial intelligence growth decelerat...
Upstart Holdings Stock Rises Ahead of Anticipated Earnings Growth
SAN FRANCISCO — Shares of Upstart Holdings Inc. (UPST) edged higher on Sunday, closing near $25 as investors positioned themselves ahead of the lender's upcoming quarterly earnings report. The stock g...
Markets Brace for Earnings, Tech Summit and US-China Talks in Volatile Week
WASHINGTON — Investors are preparing for a pivotal week of market-moving events as analysts highlight three major catalysts set to drive trading activity: Costco's quarterly earnings report, Meta Plat...
Piper Sandler Urges Caution on U.S. Equity Exposure Amid Deteriorating Market Breadth
NEW YORK, Sept. 20 (AP) — Piper Sandler advised investors to exercise caution regarding increased exposure to U.S. equities on Friday, citing deteriorating market breadth and weakening momentum despit...
Archer Aviation Shares Hover Near $5 as Cash Burn Raises Investor Caution
NEW YORK — Archer Aviation Inc. shares traded near $5 on the New York Stock Exchange on Saturday, reflecting investor hesitation despite the company's strategic positioning in the emerging electric ve...
Oil Prices Dip as US-Iran Truce Talks Offset Regional Security Fears
NEW YORK — Global oil prices declined on Thursday as financial markets weighed the prospect of a diplomatic breakthrough between the United States and Iran against persistent security concerns regardi...
Oil Prices Rise as US-Iran Talks Stall and Diesel Export Ban Looms
Global oil prices climbed more than 2% on Thursday as diplomatic efforts between the United States and Iran showed little progress, while investors weighed uncertainty surrounding a possible U.S. ban ...
Saudi Stock Market Closes Lower Amid Unclear Trading Conditions
RIYADH — Shares on Saudi Arabia's main stock exchange closed lower at the end of trading Saturday, marking a downturn for investors as the market finished the session in negative territory. The declin...
Ackman's New $5 Billion Fund Concentrates Heavily on Tech Giants
NEW YORK (AP) — Bill Ackman has deployed nearly the entirety of capital raised for his new $5 billion hedge fund into just four growth stocks, with three of those positions accounting for 45% of the p...
Trump Signs Sanctions Act Targeting Russian Oil Buyers; Indian Markets Brace for Impact
NEW DELHI — The Indian stock market faces heightened volatility this week as President Donald Trump signed the 'Sanctioning Russia and Iran Act,' legislation authorizing tariffs on major purchasers of...
Fed Raises Rates as Inflation Hits 3.4% Amid 'Trumpflation' Concerns
WASHINGTON (Sept. 20, 2026) — The Federal Reserve raised interest rates on Saturday in response to persistent inflation that climbed to 3.4%, a figure driven by ongoing tariff policies and geopolitica...
West Asia Tensions and US Tariff Threats Drive Global Market Volatility
NEW YORK — Global investors are bracing for significant market volatility this week as rising crude oil prices, driven by escalating tensions in West Asia, intersect with uncertainty surrounding new U...
Wall Street Zen Upgrades Merck Stock to Buy Rating
NEW YORK — Wall Street Zen upgraded its rating on Merck & Co., Inc. stock from a hold to a buy on Saturday, signaling increased confidence in the pharmaceutical giant's market position. The decision, ...
European Central Bank Launches Digital Euro for Financial Institutions
FRANKFURT — The European Central Bank (ECB) officially launched the Digital Euro for participating banks across the eurozone on September 27, 2026. The rollout marks a significant expansion of the con...
Iran Inflation Eases Slightly Amid New US Sanctions and Naval Blockade
TEHRAN — Iran's annual inflation rate declined marginally in September to 83.8 percent, down from 84.4 percent the previous month, Central Bank Governor Abdolnaser Hemmati announced on Tuesday. The sl...
Digital Euro Launch Announced for Late September 2026
FRANKFURT — The Digital Euro has officially arrived, marking a historic milestone in the evolution of European currency as the project moves from development to active deployment. The announcement was...
Trump Claims U.S. Holds Record Financial Numbers as He Criticizes Media Silence
WASHINGTON (AP) — Former President Donald Trump asserted on Saturday that the United States is currently posting its best financial numbers in history, accusing major news organizations of refusing to...
Energy Secretary Cites Refining Constraints, Not Supply Shortages, for High Fuel Costs
WASHINGTON — U.S. Energy Secretary Chris Wright stated Saturday that more than 20 million barrels of oil passed through the Strait of Hormuz in a single day earlier this week, challenging the narrativ...
Oil Prices Slide as China Presses Iran to Halt Attacks on Saudi Infrastructure
BEIJING — Global oil prices fell sharply on Friday after China urged Iran to cease attacks on Saudi Arabia's energy infrastructure, responding to a direct request from Riyadh. The diplomatic intervent...
Tabriz Transforms from Silk Road Hub to Iran's Industrial Powerhouse
TABRIZ, Iran — The historic city of Tabriz is rapidly evolving from its legacy as a Silk Road trading hub into a diversified industrial powerhouse, positioning itself to become the economic capital of...
Analyst Weighs Berkshire Hathaway Against S&P 500 Index Funds for Long-Term Investors
NEW YORK — A new analysis published on Friday by The Motley Fool examines whether shares of Berkshire Hathaway Inc. remain a superior investment vehicle compared to broad-market S&P 500 index funds as...
Analyst Recommends Equal Weight S&P 500 ETF Amid Mega-Cap Rotation
NEW YORK, Sept. 19 (AP) — A shift in investor sentiment away from the dominant technology giants is prompting financial analysts to recommend a strategic pivot toward broader market exposure, with one...
IBM Raises Quarterly Dividend for 31st Consecutive Year Amid Inflation Concerns
ARMONK, N.Y. (AP) — IBM Corp. announced Friday that it is raising its quarterly dividend by one cent to $1.69 per share, extending a streak of annual increases to 31 consecutive years. The technology ...
Turkey Revokes Operating License of Iran's Bank Mellat After 44 Years
ISTANBUL (AP) — Turkey's Banking Regulation and Supervision Agency has revoked the operating license of Iran's Bank Mellat, ending the institution's 44-year presence in the country. The decision, anno...