Trending in Finance
SpaceX Secures Investment-Grade Ratings Amid Post-IPO Stock Volatility
Micron Earnings to Test Momentum of AI-Fueled Market Rally
Jio Platforms Approves Draft Prospectus for Potential Record-Breaking IPO
Wall Street Rallies on US-Iran Peace Deal and Apple-Intel Chip Partnership
All Finance Stories
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Canada Adds 87,800 Jobs in May, Unemployment Falls to 6.6%
Canada's labor market surged in May 2026 with 87,800 new jobs. Unemployment dropped to 6.6% from 6.9%. Rate cut expectations are fading.
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Fitch Upgrades South Africa’s Credit Rating for the First Time in 21 Years
Fitch Ratings raises South Africa's rating to 'BB' from 'BB-', citing fiscal consolidation and credible monetary policy.
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Over $1 Trillion Wiped From US Stock Market in Two Hours as Chip Stocks Crater
A massive selloff erased over $1 trillion in market value, led by a 10.3% plunge in the PHLX Semiconductor Index.
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China's Capital Controls Slam Hong Kong Financial Giants
AIA, HSBC, and Standard Chartered shares fall as China tightens cross-border investment rules, fearing record outflows.
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India Scraps Taxes on Foreign Bond Investments to Stabilize the Rupee
India exempts foreign investors from capital gains and withholding tax on government bonds, aiming to boost capital inflows and shore up the weakening rupee.
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Wall Street Tumbles as Chip Stocks Slump, Jobs Data Sparks Fed Rate Hike Fears
U.S. markets saw steep declines after May's jobs report blew past expectations, increasing the likelihood of a Federal Reserve rate hike. The Nasdaq fell 4.18% and chip stocks lost over $1 trillion.
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Trump's $1 Trillion Valuation of Fannie Mae, Freddie Mac Spurs Short-Lived Rally
President Trump's $1 trillion valuation of Fannie Mae and Freddie Mac sparks a brief market surge, quickly deflating amid analyst skepticism.
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Partners Group Imposes Redemption Gate on $9 Billion Fund
Swiss private markets firm caps withdrawals as investor redemption requests surge, triggering a stock plunge.