Browsing: Business

JPMorgan has downgraded Chinese stocks to neutral, citing risks of a second tariff war and concerns over China’s economic performance, advising investors to shift to other markets.

Verizon will acquire Frontier Communications for $9.6 billion, expanding its fiber network and adding 2.2 million subscribers across 25 states to its Fios service.

The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve.

Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this week.

In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations.

Dow, S&P 500, and Nasdaq fell Tuesday, with semiconductor stocks leading the market lower as September trading kicked off with volatility.

The UK government’s latest renewables auction secured funding for a record 131 clean energy projects, powering 11 million homes, marking a major step towards energy independence.

British pound is forecasted to rise further against the US dollar, with Bank of America predicting a peak of $1.41 by 2025 amid slower UK rate cuts.

China threatens Japan with severe economic consequences if Tokyo imposes new restrictions on chipmaking equipment, escalating tensions amid US-led efforts to curb China’s tech advancements.

The S&P 500 posted a 2.3% gain in August, reversing early losses, driven by strong performances in sectors like consumer staples, real estate, and healthcare.