US Retail Sales Drop by Most in Two Years Amid Fires, Storms

January value of receipts fell 0.9% after solid holiday season Cars, sporting goods and furniture stores led monthly decline US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a spending spree in the...

German Economy Is Set for Another Year of Contraction, DIHK Says

Germany’s economy will probably shrink for a third year in 2025, according to the German Chamber of Commerce and Industry. A survey of about 23,000 companies across all sectors and regions of the country showed that “significantly more firms continue to expect worse...

Nvidia Shares No Longer Bulletproof as DeepSeek Fears Linger

The stock hasn’t recovered from DeepSeek-driven slump Key customers have earmarked $300 billion in capex spending Nvidia Corp. investors have typically rushed to buy the stock on any dips. But the mood since the DeepSeek-driven rout has been different, signaling that...

FTX User Accidentally Deposited 2,000 Tokens Year After Collapse

Customer mistakenly deposited Solana year after FTX bankruptcy 31-year-old FTX user is asking bankruptcy judge to be repaid FTX customers who deposited digital assets before the cryptocurrency exchange imploded in 2022 have waited years to get their money back. That...