Market News

Prime minister in waiting says he will stick by Labour’s manifesto promises on tax

Brown University had the outlook on its credit rating lowered to negative on Thursday by Moody’s Ratings, which cited expense pressures facing the institution.

Spotify has asked Kalshi and Polymarket to remove its logo and clarify that neither company has a partnership with the streaming service after it identified users manipulating rankings that are tied to prediction market bets.

Oil deepened its slide below pre-war levels as flows from the Persian Gulf soared, heightening the prospect of a supply surplus.

A selloff in chipmakers weighed on stocks while short-dated bonds rose as a slower-than-anticipated increase in US jobs bolstered bets the Federal Reserve won’t raise rates any time soon.

US equities lost earlier gains as technology stocks trailed the S&P 500 Index for a second straight day, continuing the downturn after the rally seen in the previous quarter.

Hagerty signs $43M deal to acquire UK's Bennetts

The Biden White House's lofty expectations for its loan forgiveness efforts inadvertently damaged the financial situation of many student loan borrowers.

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