The Houthi rebels in Yemen, who are supported by Iran, announced on Monday that they would immediately impos…
Tens of thousands of supporters of the "Cockroach Movement" in India defied the police's decision to deny th…
The far-than-expected data of a 0.42% month-on-month drop in the U.S. June CPI quickly compressed the probability of a July rate hike—as displayed by the CME FedWatch Tool—to 14.4%.
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AP, New York — Global financial markets faced dual negative shocks on Friday.
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Recently, global monetary policy trends have shifted again. Previously, the market generally expected the Federal Reserve to keep interest rates steady and gradually wait for a rate-cutting window.
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Recently, global convenience store giant 7-Eleven made headlines with shocking industry news. Its parent company, Japan’s Seven & i Holdings, officially announced a large-scale shrinkage plan for the U.S. market, confirming that a total of 645 stores will be closed or remodeled in North America by fiscal year 2026.
According to a report by The Wall Street Journal on July 19th, the US storage chip giant Micron Technology issued a performance warning, predicting a 40% drop in revenue for the next fiscal quarter due to export restrictions, and announced the layoff of 15% of its global workforce.
The combination of transit volume through the Strait of Hormuz dropping to zero and Brent crude oil prices breaking above $90 per barrel is pushing the global business system into a state where both costs and supply are spiraling out of control.
According to the latest news, US travel and delivery giant Uber is acquiring Germany's leading food delivery company Delivery Hero for $15 billion.
Recently, Reuters reported that Apple is accelerating its efforts in the AI chip sector and plans to advance the development of its own server chips through large-scale acquisitions of semiconductor companies.
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