Business

The US stock market has experienced substantial gains over the last two years, with significant increases across major indices such as the S&P 500, Dow Jones Industrial Average (DJIA), and Nasdaq Composite Index. Since President Joe Biden took office in January 2021, these benchmarks have surged by approximately

Recent reports indicate a downturn in consumer spending on luxury items such as handbags and sparkling beverages have impacted global high-end companies, raising concerns about continuous weak demand. LVMH, which includes prominent brands like Louis Vuitton and Dior, experienced a 4.4% decline in stock value this Wednesday morning due

The low-cost carrier easyJet anticipates another record summer season following a 16% rise in profits during its latest quarter. This optimistic forecast follows Ryanair's report of decreased earnings and uncertain outlook for the upcoming holiday period, impacting several European airlines' stock values. EasyJet reported pre-tax profits reaching

Ice-cream and lolly prices for popular brands like Cornetto and Solero have increased by over 30% in the past two years due to rising costs. According to Which? researchers, supermarket own-brand options are often not only cheaper but also tastier, as demonstrated in their blind taste tests. A six-pack of

Earnings for Tesla nearly halved as discount strategies and price reductions increased pressure on profit margins. The company, under Elon Musk's guidance, promoted its developments in autonomous transportation services, artificial intelligence, and advanced robotics to maintain interest during a period of diminishing sales due to reduced market demand.

Mining stocks fall as copper hits three-month low Copper prices have dropped to their lowest point in three months, driven by concerns over slowing consumer demand and economic growth in China. Official data released recently showed the Chinese economy expanding at a slower annual rate of 4.7% in the