Traders work on the floor of the New York Stock Exchange (NYSE) on July 28, 2025 in New York City.Spencer Platt | Getty Images News | Getty Images Stock markets in the U.S. and Europe didn’t seem that delighted with the U.S.-European Union trade deal reached over the weekend.The S&P 500 ticked up, but by the barest margin, while the Stoxx 600 Europe fell. Both indexes were trading higher during their respective sessions but had given up those gains as the day ended.For those on the continent, perhaps it was a dawning realization that the agreement wasn’t too much in their…
Author: usaeverydaylife
Civil jet airplanes of Singapore Airlines and its subsidiaries — Tigerair, Silkair and Scoot — at Changi International Airport, Singapore.Universal Images Group | Getty ImagesShares of Singapore Airlines (SIA) fell after the carrier reported a 59% decline in earnings for the first quarter of its 2025/2026 financial year.Stock of SIA fell more than 8% and logged the largest intra-day decline since August 2024, data from LSEG showed. It is currently trading 7.11% lower.Net profit fell to 186 million Singapore dollars ($144 million) for the quarter ended June 30, according to the company’s earnings report. The drop was attributed to reduced…
China rolled out on Monday an annual childcare subsidy of 3,600 yuan (about $500) until age three, as authorities look to spur a flagging birth rate with fewer young people choosing to have children.The high cost of childcare and education, as well as job uncertainty and a slowing economy, are among the concerns that have discouraged many young Chinese from getting married and starting a family.Subsidies will start from this year, with partial subsidies for children under three born prior to 2025, in a policy expected to benefit more than 20 million families of toddlers and infants, the official Xinhua news…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyStuart Kaiser, Citi Head of Equity Trading Strategy, joins ‘Fast Money’ to talk Fed policy, market valuations and his latest strategy.04:354 hours ago Source link
CNBC’s Jim Cramer examined Monday’s market action and said he thinks the U.S.’s major trade deals failed to move stocks because investors’ focus is elsewhere this week.”Right now, we’re presuming these tariffs don’t matter,” he said. “What matters is earnings, unemployment, the Fed meeting and — you know what — dead last, tariffs.”The S&P 500 finished up 0.02%, while the Dow Jones Industrial Average lost 0.14% and the Nasdaq Composite closed up 0.33%. Over the weekend, President Donald Trump announced the U.S. reached a trade agreement with the European Union to place a 15% tariff on most European goods. The…
Asia markets start Tuesday trading in the redAsia markets started the trading day lower. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%.South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq slipped 0.88%.Australia’s S&P/ASX 200 lost 0.42%.—Lee Ying ShanOpening callsGood morning from Singapore. Asia markets are poised for a weaker open.Japan’s benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 40,920 while its counterpart in Osaka last traded at 40,820, against the index’s last close of 40,998.27.Futures for Hong Kong’s Hang Seng Index stood at 25,367, pointing to a weaker open compared with the HSI’s last close of 25,562.13.Australia’s S&P/ASX 200 was set to…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDavid Riedel, Riedel Research, joins ‘Fast Money’ to explain why he believes Chinese tariffs are going to hit U.S. consumers hard in the coming months. Source link
Jon R. MoellerSource: Procter & GambleProcter & Gamble CEO Jon Moeller is stepping away from the top job after four years in the role, and the consumer goods giant said he would be succeeded by Chief Operating Officer Shailesh Jejurikar.Moeller will become executive chairman and “provide advice and counsel to the CEO on company matters,” P&G said in a statement on Monday, a day before it was scheduled to report its quarterly results.The company did not disclose the reason for the change in leadership in its statement, but P&G chief communications officer Damon Jones told Reuters Moeller’s departure was part…
New York Police Department (NYPD) officers are seen as they respond to an incident in the Midtown Manhattan neighborhood of New York on July 28, 2025. Timothy A. Clary | AFP | Getty ImagesNew York City police converged on a Park Avenue skyscraper in midtown Manhattan where gunshots were reported fired on Monday inside the tower housing offices of several financial firms and the headquarters of the National Football League, police said.The New York Post and CNN, both citing police sources, reported that the gunman killed himself.The New York Post newspaper, citing unnamed police sources, reported that a gunman wearing…
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | ReutersAlphabet’s Waymo unit plans on bringing its robotaxi service to Dallas next year, adding to a growing list of prospective U.S. markets for 2026, including Miami and Washington, D.C.Rental car company Avis will be managing the Waymo fleet in Dallas, via a new partnership the companies announced Monday.Avis CEO Brian Choi said in a statement that the agreement marks a “milestone” for the company, which is now also working to become “a leading provider of fleet management, infrastructure and operations…
