U.S. Equity Funds See Biggest Outflow in Five Months
U.S. equity funds suffered their largest weekly outflow in five months in the week ended August 26, as investors reassessed the outlook for artificial intelligence ahead of Nvidia’s earnings and awaited potentially important comments...
Poland Sees 7.1% Deficit in 2027 as Defence Costs Surge
Poland expects its general government budget deficit to remain at 7.1% of GDP in 2027, unchanged from the level now forecast for 2026, as record military equipment deliveries drive up spending. Finance Minister Andrzej...
Judge Blocks Anthropic Blacklist
A U.S. federal judge on Thursday blocked the Pentagon’s decision to blacklist Anthropic, marking a major development in the AI company’s legal battle with the U.S. military over restrictions on how its Claude models...
PayPal Shares Slide After Advent-Stripe Takeover Bid Reportedly Ends
PayPal shares fell 13% in premarket trading on Friday after Bloomberg News reported that a consortium led by buyout firm Advent International and payments processor Stripe had abandoned its pursuit of the fintech company....
Cheese Names Become Flashpoint in U.S.-Mexico Trade Talks
A dispute over the use of traditional cheese names has emerged as a sticking point in U.S.-Mexico trade negotiations. Washington is objecting to Mexico’s new trade agreement with the European Union, which grants special...
Corporate Political Donations Hit Record $646 Million Ahead of 2026 Midterms
Companies donated a record $646 million to U.S. political campaigns in the 18 months through June, according to an analysis by Public Citizen of Federal Election Commission filings. The amount is about 40% higher...
Nvidia Forecasts 70% Revenue Growth as AI Demand Surges
Nvidia forecast a 70% jump in revenue for its next fiscal year, significantly above Wall Street expectations of 44%, signaling that demand for AI computing remains exceptionally strong. Shares rose nearly 5% in extended...
Dollar General Raises Sales Forecast as Value Shopping Gains
Dollar General raised its annual comparable-sales forecast on Thursday, signaling continued strength as cost-of-living pressures push consumers toward lower-priced essentials. The retailer now expects same-store sales to increase 2.5% to 2.9%, up from its...
Best Buy Raises Full-Year Sales and Profit Forecasts
Best Buy has raised its full-year sales and profit forecasts, betting that an artificial intelligence-driven device upgrade cycle will help offset cautious consumer spending. The U.S. electronics retailer now expects annual revenue of $42.3...
Meta Settlement Leaves Core Business Intact
Meta Platforms has emerged from its biggest U.S. legal challenge with its core business largely intact after agreeing to pay up to $18 billion over a decade to settle claims brought by nearly all...