LONDON, Aug 3 (Reuters) - Britain's economy is likely to shrink in 2027 if the Strait of Hormuz does not reopen to shipping before the middle of next year, forecasters at accountants EY warned on Monday.
SYDNEY, Aug 3 (Reuters) – Australian home prices suffered a second month of steep falls in July as higher borrowing costs and unease over tax changes accelerated a downturn in the market that has grabbed the attention o…
I was sitting at Mackenzies Bar & Kitchen on the canal in Bristol, UK, with a friend. Just before 7pm, she got a text from her boyfriend Steve: “the power is flickering here.”
South Korea’s GDP grew 0.6% QoQ in Q2 2024, beating the 0.4% forecast on data released July 25, 2024, driven by a rebound in exports—notably semiconductors and AI memory chips—and solid automobile sales with modest priv…
On Thursday, July 30, Amazon Inc.(AMZN) released its Q2 2026 earnings report. Given its crucial position as a Mag 7 mega-cap straddling both tech and e-commerce, Amazon’s earnings reports are usually closely watched by …
Chip stocks rallied this week on a wave of strong tech earnings, and investors rewarded semiconductor ETFs with a rush of new cash. Three funds tracking the chip sector ranked among those pulling in the most new money, …
The two largest U.S. integrated supermajors, Exxon Mobil (XOM) and Chevron (CVX), reported second-quarter profits that surged on rising oil prices due to renewed geopolitical tensions in the Middle East. With these two …
Advanced nuclear fission developer Oklo (OKLO) reached a major regulatory milestone after receiving official startup authorization from the U.S. Department of Energy (DOE) for its Groves Isotope Test Reactor in Lockhart…
Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of the latest data, two key inflation gauges — the Personal Consumption Expenditures (PCE) Price Index and the Co…
LIMA, July 31 (Reuters) - Peru will deepen its relations with the United States, which it sees as a “strategic partner,” newly-appointed Foreign Minister Carlos Espá said on Friday.
Canadian GDP growth slowed sharply in Q2, coming in weaker than expected at -1.6% on an annualized quarter-over-quarter basis, following a strong 2% gain in Q1.
Free cash flow strategies are ideal for investors searching for quality fundamental factors, especially in current times where certain large-cap valuations are suspect. VictoryShares and Solutions offer a suite of free …
The Federal Reserve left its policy rate unchanged at 3.50% to 3.75% in a split 9-3 vote, while reiterating that inflation remains above target and the FOMC is committed to restoring price stability. On the surface, the…
The second quarter of 2026 stood in stark contrast to the first. Our last letter concluded with our suspicion that markets were looking for a reason to go back up. They found one over and over again with each new announ…
The euro area economy remained resilient in 2025, despite uncertainty and trade policy shocks. Growth expectations were consistently revised up over the course of last year and the economy broadly maintained this positi…
In a tricky fixed income environment marked by high interest rates and ongoing monetary policy uncertainty, collateralized loan obligations (CLOs) are emerging as a strategic alternative. However, investors shouldn’t bl…
We believe everyone should be able to make financial decisions with confidence. While we don't cover every company or financial product on the market, we work hard to share a wide range of offers and objective editorial…
Taiwan's GDP growth continued its blistering growth at 12.9% year-on-year, once again beating the entire slate of market forecasts
On July 27, REX Shares filed for the REX Peptides ETF tracking the VettaFi Peptides Index. The fund targets companies strategically positioned to advance the development, manufacturing, and commercial adoption of peptid…
Germany’s manufacturing sector unexpectedly slipped back into contraction territory in March, according to the latest flash Purchasing Managers’ Index (PMI) data released on Monday. The HCOB Germany Manufacturing PMI fe…
Driven by strong growth in the Azure cloud and Copilot businesses, Microsoft (MSFT) delivered another standout quarterly earnings report, topping Wall Street expectations and reinforcing the company’s role as a leader i…
Global Crude Steel Production Rises 1.7% in June 2026, Led by Africa and Viet Nam
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
Recent headlines about slowing AI spending and volatile tech stocks miss a bigger story. The U.S. power grid isn’t ready for what’s coming. That was the message from speakers on a July 27 webinar sponsored by SS&C ALPS …
