Economy

X UK revenues drop nearly 60% in a year as content concerns spook advertisers

Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imagery

Rolls-Royce has hit a record high every trading day of 2026. Here's why

While Rolls-Royce stock has been swept up in the defense rally, the London-listed company has much more going for it.

Manufacturing Jobs Aren’t That Easy to Count

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Glencore shares pop 10% as firm restarts mega-merger talks with Rio Tinto

If completed, the deal would see the formation of the world’s biggest mining company.

European stocks close higher as investors digest U.S. jobs data; Sainsbury's shares fall 5%

European shares finished higher on Friday, as markets assessed geopolitical developments and economic data.

Hopes rise for Chinese property support ahead of key March meeting

Ahead of a major policy meeting, China may be reassessing its approach after a flagship journal urged more forceful property measures.

Trump says he wants government to buy $200 billion in mortgage bonds in a push to bring down mortgage rates

President Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he argued would help reduce mortgage rates at a time when Americans are worried about home prices.

Venezuela bond bets pay off as Maduro's overthrow brings 30% gain. This hedge fund says there's more ahead

Venezuelan government bonds are surging amid hopes of a rebuild of the country's oil sector.

Hanwha Aerospace soars 11%, leading Asian defense stocks rally

Asia-Pacific markets traded mixed Friday as investors parsed China's inflation data.

Tariffs sink Canadian couples' long-running e-commerce operation

(The Center Square) – Lana Bain and her husband had been selling antiques online for nearly 30 years when the U.S. tariffs hit.

How Sweetgreen Became Millennial Cringe

The salad chain is in free fall, along with a certain kind of optimism.

GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring

GM's announcement comes after Ford said it would record similar writedowns following a broad resetting for the U.S. EV market.