Hanesbrands Inc. shares surged more than 37% on Tuesday after a Financial Times report said that Canada’s Gildan Activewear is close to acquiring the US underwear maker in…
Brazil’s inflation in July was below market expectations, data published Tuesday by the statistics agency IBGE showed, mainly reflecting the benefits of falling food prices for consumers.The rise…
President Donald Trump has said he’s considering letting a major lawsuit move forward against Federal Reserve Chair Jerome Powell over the skyrocketing renovation costs of the Fed’s headquarters.…
Celanese shares plunged on Tuesday after the chemicals manufacturer issued a weaker-than-expected forecast for the third quarter, warning of softening demand across most of its end markets. The…
The US Bureau of Labor Statistics released the July Consumer Price Index report on Tuesday, showing inflation steady at 2.7% year-over-year, matching June’s rate and just a touch…
On Monday, Brazilian President Luiz Inácio Lula da Silva held a phone call with Chinese President Xi Jinping, which lasted an hour and revolved around the role of…
Intel Corp (NASDAQ: INTC) is in focus on Tuesday after Craig Barrett, its former chief executive, issued a stark warning: the US can’t afford to lose the company’s…
Pony AI Inc (NASDAQ: PONY) says its top-line soared 76% on a year-over-year basis as robotaxi fare-charging revenues more than quadrupled in the second quarter (Q2).On Tuesday, the…
The first half of 2025 saw global markets oscillate largely between two bookends, i.e. optimism and caution, a trend driven by easing inflation, geopolitical flare-ups, and the enduring…