Shares of Amazon.com dropped by more than 8.6% in premarket trading on Friday, as investors responded with concern to the company’s second-quarter results, which showed cloud computing unit Amazon Web Services (AWS) growing slower than key rivals Microsoft and Google. The reaction comes despite Amazon’s stronger-than-expected profits and relatively upbeat…
Employers added just 73,000 jobs in July, sharply below expectations and the slowest pace this year, in a signal…
US President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell on Friday, urging the Fed’s…
US President Donald Trump announced on Friday that he has ordered the deployment of two nuclear submarines to regions…
One year into the Bank of England’s interest rate cutting cycle, UK households are yet to see meaningful financial…
The United States and South Korea have struck a fresh trade deal that imposes a 15% tariff on South…
Though oil prices have gained this week, the commodity is likely to remain rangebound for the foreseeable future as…
The August 1 deadline has arrived, and with it, a new era of US trade policy. President Donald Trump’s…