Business
Business, markets, and economy
4458 articles
Netflix Halts Denzel Washington‑Fuqua ‘Hannibal’ Epic Over Budget Hurdles
The streaming giant has put pre‑production on hold for a planned Denzel Washington‑led film about Hannibal Barca, citing...
Oil Prices Slip as US-Iran Tensions Ease, Yet Weekly Gains Remain Fragile
Brent and WTI fell sharply on Friday amid hopes of de‑escalation, but inventory and demand worries keep the market on ed...
Mastercard's Spending Shield: Defying Economic Headwinds
Consumer spending shows surprising resilience, with Mastercard's Q1 results shining bright despite a 14% stock drop.
Paramount's Gaming Gambit: A New Studio and a $30 Million Bet
Paramount Skydance's ambitious plans for a unified gaming studio are set to shake up the industry, but what does this me...
Data Center Boom and a 172k Job Surge: The US Labor Market's New Engine
May employment data nearly doubled forecasts, but sticky inflation and gas prices are keeping the Federal Reserve on hig...
New York’s Daily Buzz: Coffee and Cannabis Numbers Clash
A state‑wide survey ties daily cannabis users to coffee shop regulars, but coffee‑buying estimates swing wildly—up to fo...
Paramount Seeks to Dismiss Subscriber Lawsuit Ahead of Warner Bros. Discovery Merger Deadline
Paramount argues a consumer suit is a politicized antitrust attack as it pushes to close its $... deal by September.
S&P Dow Jones Indices Blocks the Fast Track for SpaceX and AI Giants
While Nasdaq and FTSE Russell open the doors for mega-cap IPOs, S&P is sticking to its guns, potentially costing SpaceX ...
UK Retailers Slash 18,000 Jobs as Tax and Wage Costs Surge
From Tesco to Sainsbury's, major UK brands are cutting headcounts as the retail sector faces a £6.5 billion expense hike...
S&P IPO Rule Change, AI Stock Pullback and Rising Jobless Claims Shake Market Optimism
S&P’s decision to stop fast‑tracking mega‑cap IPOs, tepid AI earnings and climbing U.S. jobless claims are testing inves...
625‑Meter Bridge Turns Guizhou’s Back Alleys Into Instagram Gold
Since its September 2025 opening, the Huajiang Grand Canyon Bridge has turned a remote Guizhou province into a bustling ...
Garden Grove’s GKN Aerospace Faces Fresh Scrutiny After 7,000‑Gallon Chemical Scare
A series of violations and a near‑catastrophic tank incident have reignited safety concerns at GKN Aerospace’s longtime ...
Lululemon’s Stock Falls 11% as Sales Slip and Founder Feud Explodes
Shares dropped 11% after a 2% sales decline and a string of product missteps, while founder Chip Wilson’s public attacks...
Lego's $800 Brick Masterpiece: A Sagrada Família for the Ages
The Danish toy giant's most ambitious creation yet is a 12,060-piece recreation of Antoni Gaudí's iconic Barcelona landm...
Warner Bros‑Paramount Merger Aims for 200 Million‑Strong Streaming Giant
Warner Bros. and Paramount plan to fuse HBO Max and Paramount+ into a single platform, targeting over 200 million subscr...
Sneakers Meet Dresses: How Early Prime Day Deals Redefine Summer Comfort
Amazon’s Early Prime Day discounts are turning breezy dresses and sneakers into the go‑to summer uniform.
Bitcoin Slides 16% as Underwater Supply Tops 10.5M BTC, Demand Crashes
Bitcoin’s price slipped to the $60,000 zone while record‑low demand and a surge in loss‑making holders signal deepening ...
Toronto's $13.8M Hockey Rink Mansion: Luxury Meets the Great Outdoors
A Toronto mansion with an indoor hockey rink has hit the market for $13.8 million, offering a unique blend of luxury and...
Hasbro Locks in 2026 with $39.99 Marvel Legends Onslaught
A new Target exclusive and a wave of Iron Studios statues signal a massive push for high-end collectibles and early pre-...
Fed Faces Growing Pressure to Keep Rates High as Job Gains Surge in May
Strong job numbers and low unemployment are tightening the Federal Reserve’s policy options amid calls to maintain highe...
Boots Influencer Fiasco: Free Gift Boxes Promised, None Delivered
Thousands of shoppers were left disappointed after an influencer's promise of free gift boxes at Boots stores across Bri...
Gold's Record High: A Shifting Sands Market
A record-breaking gold price and the forces driving its volatility.
Audi's $500,000 Nuvolari Super Car: A Fierce Response to Ferrari's Luce
Audi's new Nuvolari super car is a $500,000 hybrid beast with 986bhp, a svelte design, and a dramatic styling, marking a...
AI-Generated Scams Flood UK Insurance Claims
Artificial intelligence is being used to fuel a growing trend of insurance fraud in the UK, with Allianz UK reporting ov...
South East Beats London as UK’s Fastest‑Falling Housing Market
Halifax data shows the South East’s house prices dropped 2.1% YoY, outpacing London’s 1.5% decline.
NatWest’s Branch‑Busting Pause: 9 Closures, a 2029‑Long Halt
NatWest Group will shut nine more branches this year but vows no further cuts until 2029, even as it pours £50 m into mo...
Wall Street's AI Windfall Fails to Ease Main Street's Pain
The stock market's rally driven by AI investments is not translating to improved consumer sentiment, as inflation and co...
Fed’s Tightrope Walk: Inflation Surges as Job Openings Reach 7.6 Million
Rising price pressures clash with a booming labor market, leaving the Fed with a fraught policy dilemma.
The Fall of Citron Research: Andrew Left's Conviction and the Perils of the 'Guru' Trade
Andrew Left has been found guilty of securities fraud, exposing the dangerous gap between market analysis and price mani...
Mackenzie's $5.1 bn Global Equity Fund Posts 38.9% Gain Under Arup Datta’s Balanced Quant Strategy
Arup Datta’s blend of growth, value and quality factors propelled Mackenzie’s flagship fund to near‑40% returns in a yea...