Mike Ashley's Harvey Nichols Deal Hits Snag as Dublin Store Set to Close
Mike Ashley's Frasers Group faces a setback as Harvey Nichols Dublin closes, highlighting challenges in his luxury retail expansion strategy.
Economy & Finance News
Track global markets, corporate earnings, inflation data and economic policy. Essential reading for investors, business professionals and anyone navigating today's financial landscape.
GTA 6 Leaks Erase $3 Billion in Take-Two Value as Stock Tumbles
Take-Two stock drops 4.8% after GTA 6 leaks, losing over $3 billion in market cap. Analysts see short-term impact, long-term optimism.
Moderna Stock Surges 126% as FDA Approves mRNA Flu Shot for Older Adults
Moderna stock surges 126% after FDA approves first mRNA flu shot for adults over 50, but valuation concerns linger as revenue declines.
Nebius Q2 Earnings: Stock Surges 9.5% on Record Revenue, Bold Expansion
Nebius stock jumps after Q2 results show revenue more than quadruples, but losses widen. Analysts weigh growth vs. valuation as AI infrastructure demand soars.
Oklo Stock at $42: Pre-Revenue Nuclear Startup Faces Reality Check
Oklo stock trades near $42, down from a $193 high, as the pre-revenue nuclear startup prepares to report Q2 earnings with no commercial reactors online.
Mortgage Rates Surge to 6.69%, Highest in a Year, as Inflation and Iran War Bite
Mortgage rates hit a 52-week high of 6.69% as inflation and the Iran war push Treasury yields up. Housing demand cools, but affordability improves.
State Pension Age Rise Hits August Babies: Who's Affected and How to Plan
UK State Pension age rises to 67 for those born after August 1960, with delays of up to five months. Compare global pensions and investment options.
Betfred to Close 132 Shops, Cut 600 Jobs Citing Tax Hikes and Economic Strain
Betfred confirms closure of 132 UK shops and about 600 job losses from September, citing gambling tax increases, higher NI contributions, and economic uncertain
Mortgage Rates Hit 6.66%, Highest in a Year, as Inflation Fears Persist
Mortgage rates climbed to 6.66%, a one-year high, as bond yields rise on inflation worries. See what this means for homebuyers and the housing market.
Vertiv Stock Drops 10% Despite Earnings Beat as Revenue Misses Analyst Targets
Vertiv (VRT) stock fell over 10% after Q2 2026 revenue missed estimates, despite an earnings beat and raised full-year guidance. AI demand remains strong.
Bank of England Holds Rates at 3.75% as Iran War Cloud Darkens Inflation Outlook
BoE holds rates at 3.75% for fifth time, warns Iran war-driven energy price volatility will push inflation back above 3% this year. Three MPC members vote for a
Fed Holds Rates Steady Amid Iran War Tensions and Warsh Era Reforms
Federal Reserve holds rates at 3.5%-3.75% for fifth straight meeting as Iran war inflation and Kevin Warsh’s communication reforms reshape policy.