Markets

Stay updated on stocks, business trends, and the latest moves shaping the global markets.

Markets

US Stocks Drop to Session Lows After Fed Holds Rates Steady

US stocks dipped to session lows on Wednesday after the Federal Reserve left rates unchanged and said there are signs of labor market stabilization.

Markets

Singapore CEO Who Maxed Out 65 Credit Cards Spurs $1 Billion IPO Windfall

In Ravinder Sajwan’s early Silicon Valley career, he blew through his $3,000 monthly credit card limit every two days hustling on a series of tech startups.

Markets

GM takes $7B hit after shifting EV strategy due to slowing demand

GM takes massive $7.2B charge to realign electric vehicle strategy following Trump administration policy changes and declining consumer demand for EVs.

Markets

Amazon closing all Go and Fresh stores, eyes ‘supercenter’ concept

Amazon announced it's closing all Amazon Go and Amazon Fresh stores to focus on Whole Foods expansion, citing a lack of "distinctive customer experience."

Markets

Goldman, Morgan Stanley’s South Africa Inflation Call Undercuts Central Bank

Goldman Sachs Group Inc. and Morgan Stanley see room for the South African Reserve Bank to lower its inflation forecast for 2026, as policymakers prepare for their first interest-rate decision of the year later this week.

Markets

Nike plans to cut hundreds of jobs amid automation push

Nike is planning to cut 775 jobs at distribution centers in Tennessee and Mississippi, amid the sportswear giant's push to boost efficiency and deploy automation.

Markets

Pirelli Split Widens With China Plan to Ringfence US Refused

The split between Pirelli & C. SpA’s two biggest investors widened when a proposal by China’s Sinochem Group aimed at addressing the tiremaker’s US regulatory risks was rejected by its top Italian owner.

Markets

Horizons Middle East and Africa 1/26/2026 (Video)

Markets

Power Outages Cascade as Big Winter Storm Reaches US East Coast

A massive winter storm reached the US Atlantic Coast on Sunday, bringing heavy snow and ice, straining power grids and grounding thousands of flights at levels not seen since the pandemic. (Source: Bloomberg)

Markets

Tense Fed Is Set to Lead Global Peers With Interest-Rate Hold

The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers.

Fed holds interest rates steady, pausing rate cuts amid economic uncertainty

January 28, 2026

US Stocks Drop to Session Lows After Fed Holds Rates Steady

January 28, 2026

Spotify now represents one-third of the music industry’s total recorded revenue in 2025

January 28, 2026

Self-Driving Tech Startup Waabi Raises $1 Billion, Expands to Robotaxis

January 28, 2026

ASML’s Record Orders Smash Estimates as AI Spurs Demand

January 28, 2026

Singapore CEO Who Maxed Out 65 Credit Cards Spurs $1 Billion IPO Windfall

January 28, 2026