Browsing: Business

Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.

Equinor has exited the $10 billion Hunter offshore wind farm, pausing one of Australia’s largest clean energy projects amid shifting global investment plans.

The German economy contracted 0.3% in Q2 2025, with industrial output, investment, and construction pulling down growth despite higher spending.

WH Smith’s market value dropped by £600M after uncovering a £30M accounting misstatement in North America, prompting an urgent audit review.

US and EU sealed a landmark trade framework removing tariffs, securing energy deals worth 750 billion dollars, and expanding defense procurement.

CVS Caremark has been ordered to pay $289.9 million in penalties after a federal court found it overbilled Medicare by submitting inaccurate drug cost data.

Solar energy is set to drive more than 50% of US power capacity growth in 2025 as Texas leads the nation in solar and battery storage expansion.

Target CEO Brian Cornell will step down in February 2026 as sales drop for a fourth quarter and Michael Fiddelke takes over amid investor uncertainty.

Goldman Sachs and US Treasury predict stablecoin reserves could hit $3.7T by 2030 as Circle and Tether grow US Treasury holdings rapidly.

Home Depot results showed stronger sales but weaker profit, with tariffs prompting targeted price hikes and customers delaying major projects amid higher mortgage rates.