Economy & Markets
Hospitality sector reports ‘Burnham bounce’ in optimism
Pubs, bars and hotels have reported a surge in optimism dubbed the ‘Burnham bounce’ following recent government overtures to the…
Shein lists in Hong Kong, dodging London flotation
Shein, the Chinese-founded fast-fashion retailer, will list in Hong Kong with a reduced valuation, avoiding a potential London stock market…
Cash Rounding and Credit Card Surcharges Reshape Payments
The end of penny production is prompting merchants to round cash transactions to the nearest nickel or add surcharges to…
Economists Want More Insight from Fed Chair Warsh at Jackson Hole
A majority of economists surveyed by CNBC want Federal Reserve Chair Warsh to provide more clarity on his economic views…
Mark Walter’s TWG Global denies fraud amid insurers’ probe
Billionaire Los Angeles Dodgers owner Mark Walter’s financial group, TWG Global, has stated there is ‘no fraud’ amid a probe…
Nvidia Q2 2027 earnings focus on AI demand and data center performance
Nvidia is set to report its Q2 2027 earnings, with investors focused on data center results, AI demand, and guidance…
Apple sets Sept. 9 iPhone launch event under new CEO
Apple has scheduled its next iPhone launch event for September 9, marking the company’s first major product announcement under new…
S&P 500 dips slightly after PCE report shows elevated inflation
The S&P 500 edged lower on Wednesday as the latest inflation report indicated persistent price pressures, with investors also awaiting…
F.D.A. Approves Daraxonrasib for Pancreatic Cancer
The U.S. Food and Drug Administration (F.D.A.) has approved daraxonrasib, a new drug for pancreatic cancer that demonstrated in a…
Energy price cap to rise by 4% in October
Millions of UK households will see a 4% increase in their energy bills from October, according to regulator Ofgem’s latest…