Browsing: Business

The six largest US banks eliminated roughly 10600 roles in 2025 returning Wall Street employment to its lowest level in years and marking the sharpest drop since 2016.

Semiconductor shares surged after TSMC results, pushing more stocks to new highs as mid caps and small caps led gains across U.S. markets.

Argentina has fully repaid 2.5 billion dollars drawn from a U.S. Treasury swap line, concluding the transaction by late December and ending fund exposure.

Trump’s Iran tariff announcement arrived without legal clarity, leaving global partners unsure how US agencies would define or enforce compliance.

The Dow and S&P 500 edged to new records while gold hit an all time high, reflecting safe haven demand amid renewed attention on US monetary policy.

Alphabet became one of only a few companies to surpass $4 trillion in market value, reflecting sustained strength in advertising and continued growth in cloud services.

European Commission sets criteria allowing exclusion of foreign companies from EU public procurement when non EU subsidies distort fair competition.

Apple will integrate Google Gemini AI into Siri starting 2026, enabling advanced queries while preserving Apple privacy standards and on device computing.

Credit card and payments shares slid after Trump supported a 10 percent APR cap unsettling markets and highlighting sensitivity to consumer finance regulation.

Chevron Exxon and Conoco signaled caution in talks with Trump, highlighting sanctions, aging infrastructure, and costly rehabilitation needs in Venezuela oil.