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Finance

Coverage of global finance, stock markets, banking, investing, and economic policy. Clear reporting and analysis to help readers understand money, markets, and the forces shaping business worldwide.

European Stocks Slide Over 2% as Banking Fears Spread; FTSE and S&P 500 Join Global Sell‑Off

European Stocks Slide Over 2% as Banking Fears Spread; FTSE and S&P 500 Join Global Sell‑Off

LONDON — European markets tumbled sharply on Friday, with major indexes across the continent falling more than 2 percent in their steepest single‑day decline in weeks, as renewed concerns over the health of U.S. regional banks rippled through global financial markets. The sell‑off quickly spread to London, where

Wall Street’s Big Banks Post Blowout Quarter as Investment Banking and Trading Surge

Wall Street’s Big Banks Post Blowout Quarter as Investment Banking and Trading Surge

NEW YORK — America’s largest banks delivered a blockbuster set of earnings this week, defying expectations and signaling renewed strength in the financial sector as investment banking and trading revenues surged to multi-year highs. JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Citigroup, and Wells Fargo all reported results

Fed’s Powell Signals End of Tightening Program, Opens Door to Rate Cuts as Economy Shows Strain

Fed’s Powell Signals End of Tightening Program, Opens Door to Rate Cuts as Economy Shows Strain

WASHINGTON — Federal Reserve Chair Jerome Powell suggested Tuesday that the central bank’s long‑running balance sheet reduction program could soon come to an end, a signal that policymakers are preparing to shift toward a more accommodative stance as the U.S. economy shows signs of strain. Speaking at an

Analysis: Wall Street rallies as Dow climbs 400 points after Trump signals thaw in U.S.–China trade rift

Analysis: Wall Street rallies as Dow climbs 400 points after Trump signals thaw in U.S.–China trade rift

NEW YORK — U.S. stocks jumped sharply Monday after President Donald Trump posted conciliatory comments over the weekend that appeared to ease investor fears of an imminent escalation in U.S.-China trade hostilities. Dow futures rallied in premarket trading and translated into a roughly 400-point intraday rebound for the

One Post, $2T Lost: How Trump’s Tweet Triggered a Market Rout

One Post, $2T Lost: How Trump’s Tweet Triggered a Market Rout

NEW YORK — Markets reeled on Friday after a terse social-media post from President Donald Trump threatening sweeping new tariffs on Chinese goods and fresh export controls wiped roughly $2 trillion in market value from U.S. equities in a single, volatile session, according to market-cap tallies and sell-side estimates. Investors

Europe’s defence stocks fall as Gaza ceasefire deal eases risk premium; China rare‑earth clamp tightens supply

Europe’s defence stocks fall as Gaza ceasefire deal eases risk premium; China rare‑earth clamp tightens supply

LONDON — European defence shares slid this week in a market déjà-vu: headlines that a U.S.-brokered Gaza ceasefire had been agreed knocked the sector’s geopolitical risk premium lower, while a near-simultaneous round of Chinese export curbs on rare-earths and magnet technology injected fresh, supply-chain risk that could bite

European Markets Set to Open Lower as France’s Political Uncertainty Weighs on Sentiment

European Markets Set to Open Lower as France’s Political Uncertainty Weighs on Sentiment

LONDON — European stocks were poised to open in negative territory on Thursday, with investors closely watching political developments in France after President Emmanuel Macron’s office confirmed he will appoint a new prime minister within 48 hours. The uncertainty in Paris comes as traders weigh broader global market dynamics, from