The International Monetary Fund has lowered its 2026 global growth projection to 3%, citing escalating trade frictions, geopolitical tensions, and rising policy uncertainty across major economies.
Crypto exchange Gemini announces zero-commission stock trading in the US, marking a key step toward its goal of becoming an all-in-one financial super app.
The US added only 57,000 jobs in June 2026, far below the expected 150,000, triggering a stock market selloff and boosting expectations for Federal Reserve rate cuts.
According to CNBC, President Trump purchased significant shares of Apple, Nvidia, and other tech giants before announcing a tariff pause that fueled a market rebound. A congressional report reveals 327 previously unreported stock trades made a day before the policy reversal, potentially worth over $1 billion.
Comcast, the largest U.S. cable operator, announced it will split into two independent public companies, separating its broadband operations from its media and entertainment assets including NBCUniversal and Sky.
Summary Philippe Stern, former president of Swiss luxury watchmaker Patek Philippe, passed away on June 28 at age 88. He was regarded as the guardian of modern watchmaking, and under his leadership Patek Philippe cemented its position as maker of the world’s most prestigious timepieces. Details According to the New York Times, Philippe Stern led Patek Philippe from 1993 until 2020, when he handed the reins to his son Thierry Stern. During his tenure, Patek Philippe not only consolidated its supreme position in haute horlogerie but also pushed sports luxury watches to unprecedented market heights through the Nautilus and Aquanaut collections. ...
Oil prices have returned to pre-conflict levels for the first time in four months, as the Brent crude erased its war premium and shipping flows through the Strait of Hormuz show signs of recovery. Editor: GoodInfo Global News Team
Global tech sell-off intensifies as South Korea’s KOSPI index plunges 8% with three circuit breakers triggered this week, while S&P 500 futures also decline. Asian markets face their worst single-day drop of the year.
Micron Technology posted strong quarterly results, lifting SanDisk, Western Digital and other memory chip stocks as analysts say earnings justify elevated sector valuations.
The Federal Reserve released its latest stress test results, showing major US banks can collectively withstand approximately $708 billion in losses under a hypothetical severe recession scenario.