Finance

Best Buy shares jump as earnings beat offsets sales miss

Holiday-quarter revenue falls short despite profit improvement Best Buy reported mixed holiday-quarter results on Tuesday, with sales declining and missing Wall Street expectations, while earnings...

Stocks Drop as Inflation Data, AI Fears Weigh

Dow Slides Over 500 Points U.S. equities closed sharply lower on Friday as investors reacted to stronger-than-expected wholesale inflation data and renewed concerns over artificial...

Yen Purchasing Power Drops to 53-Year Low

Real effective rate slides to post-1973 low The Japanese yen’s overall strength has fallen to its weakest level in more than half a century when...

AI “Scare Trade” Triggers Market Rout

Hypothetical scenario sparks real selloff Concerns about artificial intelligence disruption flared up again Monday, driving sharp losses across sectors ranging from software and payments to...

IDFC First Bank Probes $65M Fraud Allegations

Discrepancies linked to Haryana government accounts India’s IDFC First Bank has launched an internal investigation into a suspected fraud involving approximately $65 million, tied to...

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