UK Economy Grows 0.7%, Reeves Optimistic
The UK economy expanded by 0.7% in Q1 2025 which exceeded expectations of 0.6% according to the Office for National...
American Eagle Shares Drop 17% on Weak Q1
American Eagle stock dropped by more than 17% on Tuesday following a $75 million inventory write-down and the company's decision...
Wall Street Gains as US-China Tariff Truce Holds
The US-China 90-day tariff truce led Wall Street to advance on Wednesday as it reduced US tariffs to 30% and...
M&S Reports Customer Data Theft in Cyber Attack
Marks & Spencer announced that their system experienced a cyber attack three weeks ago which exposed personal customer information including...
Heathrow Outage Costs British Airways £40m
British Airways lost £40m due to the March power outage that forced Heathrow Airport to shut down for one day...
Trump Signals Tariff Cut to 80% Before China Talks
During his Friday announcement President Donald Trump proposed lowering US tariffs on Chinese goods from 145% to 80% before weekend...
Tech Leaders Urge Congress to Bolster AI Amid China Rivalry
OpenAI CEO Sam Altman together with Microsoft executives and AMD representatives and CoreWeave officials appeared before Congress to discuss AI's...
Wall Street Rises After Fed Holds Rates, Warns of Economic Risks
The Federal Reserve maintained interest rates at current levels during Wednesday while warning about growing economic threats from the US-China...
Gates to Donate $107 Billion, Closing Foundation by 2045
Bill Gates dedicated 99% of his $107 billion wealth to the Bill & Melinda Gates Foundation which will close operations...
Bank of England Cuts Rates, Signals More Reductions Amid Trade Deal
The Bank of England reduced its interest rate to 4.25% from 4.5% on Thursday and Governor Andrew Bailey indicated that...
