Economy

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter. Shares of […]

A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images China’s exports in October rose at their fastest pace in 19 months, sharply beating analysts’ estimates, according to data from the country’s customs […]

In this photo illustration, the Elon Musk’s twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged Wednesday as former President Donald Trump clinched a second term in office. Dogecoin surged more than 15% and Shiba Inu gained 6%, according […]

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty Images Two months since UniCredit played its opening move to woo German lender Commerzbank the lenders flaunted their financial strength as one of Europe’s largest banking mergers still hangs in balance. Both […]

Jakub Porzycki | Nurphoto | Getty Images Bitcoin rallied Wednesday, hitting all-time highs as former President Donald Trump defeated Vice President Kamala Harris to win the White House. The price of the flagship cryptocurrency was last higher by 9% at about $76,052.66, according to Coin Metrics, after touching a fresh record of $76,493.86. “The themes […]

Iryna Ustenko | Istock | Getty Images The U.S. dollar strengthened against other major global currencies Wednesday as former president Donald Trump recaptured the White Housebecoming just the second president in history to return to win two nonconsecutive White House terms. The greenback strengthened by more than 1% against each of the Swiss franc and […]

Republican presidential nominee and former U.S. President Donald Trump dances after speaking following early results from the 2024 U.S. presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida, U.S., November 6, 2024. Carlos Barria | Reuters Shares in former President Donald Trump’s media company pushed higher as NBC News results projected […]

A member of the public walks through heavy rain near the Bank of England in May 2023.Dan Kitwood | Getty Images News | Getty ImagesThe Bank of England’s losses on bonds bought to shore up the U.K. economy after the financial crisis will be “materially higher than projected until the middle of the decade,” according… […]

The iPhone 17 hit store shelves worldwide on Friday, drawing lines from Beijing to London. But beyond the launch buzz, Apple is under pressure to prove itself, grappling with questions over its artificial intelligence plans, as well as increasing competition. Products on display for the first time include the iPhone 17 Pro, iPhone 17 Pro […]

The Bank of Japan kept its policy rate steady at 0.5% on Friday, in line with the forecast from a Reuters poll of economists. The decision to stand pat comes as Japan’s core inflation rate fell to its lowest since November 2024, coming in at 2.7% for August and marking a third straight month of […]