Economy

What to know this week

The S&P 500 just experienced its worst week since the 2023 regional banking scare, with a mix of factors contributing to the decline in investor confidence. Despite a mixed August

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Lasted Economy

Economic data could shift mortgage rates

Mortgage interest rates have gone up today, with the 30-year fixed mortgage rate rising by one basis point to 6.72%,

Saudi Aramco cuts its dividend by $10bn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

2 Major European Bank Stocks Have Thumped the S&P 500 Index This Year. They Still Trade at Less Than 65 Cents on the Dollar

The S&P 500 has had a tumultuous year, largely due to President Donald Trump's tariff policies. The index started off

Latin America wary of US trade backlash as it builds relations with China

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Is Hess Corporation (HES) the Best Energy Stock to Buy Right Now?

The energy industry has been facing a tumultuous time recently due to various factors such as the trade war initiated

Insurers launch cover for losses caused by AI chatbot errors

Insurers at Lloyd’s of London Launch AI Malfunction Coverage Companies can now protect themselves from losses caused by malfunctioning artificial

Why Lyft, Inc. (LYFT) Soared On Friday

Lyft, Inc. (NASDAQ:LYFT) had an outstanding day on Friday, with its stock price skyrocketing by 28.08 percent to close at

Uber wins multimillion-pound reprieve on disputed UK tax payments

Unlock the Editor's Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter.