Jun 24, 2025 | Markets
Investors’ bullishness on emerging markets is at its highest in over two years, according to HSBC’s quarterly survey of 100 money managers. About 44% of respondents now have a bullish outlook on EM for the coming three months, according to the survey, which canvassed...
Jun 24, 2025 | Markets
Uber Technologies Inc. on Tuesday will begin offering its customers driverless Waymo rides in Atlanta, making it the second market, after Austin, where the two companies are teaming up instead of competing against each other. Dozens of Waymo’s robotaxis will service...
Jun 18, 2025 | Markets
The US added more than 1,000 new millionaires per day last year, with surging stocks driving the wealth increase, according to a new report from UBS. There were more than 684,000 millionaires created worldwide in 2024, including over 379,000 in the US. Overall, wealth...
Jun 18, 2025 | Markets
Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of...
Jun 17, 2025 | Markets
Cathie Wood’s flagship ETF has staged a powerful comeback from the depths of the trade war panic, rallying more than 50% since early April. But rather than restoring investor faith, the rebound has only been met with skepticism. Outflows are persistent. Short sellers...
