Carvana shares fall 14% following short-seller accusations

Carvana shares fall 14% following short-seller accusations

A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family.  Gotham City Research alleged Wednesday that the online used car … Read more

Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates

Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce … Read more

S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold: Live updates

S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold: Live updates

A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images The S&P 500 reached a milestone level on Wednesday, hitting 7,000 … Read more

American Airlines projects revenue growth for 2026, misses earnings estimates for fourth quarter

American Airlines projects revenue growth for 2026, misses earnings estimates for fourth quarter

American Airlines projected Tuesday that its focus on premium will “begin delivering results in 2026” as the carrier races to catch up to its far more profitable rivals and capitalize on strong demand from high-spending customers. The Fort Worth-based airline projected it will deliver nearly $2 of improvement in adjusted earnings per share at the … Read more

European stocks rise after EU lands ‘mother of all deals’ with India

European stocks rise after EU lands ‘mother of all deals’ with India

Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks opened broadly higher on Tuesday, as investors reacted to the European Union’s landmark trade deal with India and braced for a flurry of corporate earnings. Twenty minutes into the trading session, the pan-European Stoxx 600 was 0.3% higher, … Read more

South Korean auto stocks fall after Trump hikes tariffs on trade deal approval delay

South Korean auto stocks fall after Trump hikes tariffs on trade deal approval delay

Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Shares of South Korean autos tumbled Tuesday after U.S. President Donald Trump took aim at the country overnight, saying he would increase tariffs on Asia’s fourth-largest … Read more

Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25%

Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25%

U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s … Read more

Another day another high: Gold surges past $5,100 as investors seek shelter from global risks

Another day another high: Gold surges past ,100 as investors seek shelter from global risks

One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold climbed to a fresh all-time high, crossing $5,100 an ounce on Monday and extending its record-breaking run as investors seek the safety of the yellow metal amid rising geopolitical tensions and global fiscal … Read more

Asia-Pacific stocks trade mixed as geopolitical worries keep investors on edge

Asia-Pacific stocks trade mixed as geopolitical worries keep investors on edge

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose … Read more

Stock futures fall as traders get set for a big week of trading: Live updates

Stock futures fall as traders get set for a big week of trading: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 22, 2026. Brendan McDermid | Reuters Stock futures fell on Sunday night as traders braced for a big week, with key earnings reports and a U.S. monetary policy meeting. Dow Jones Industrial Average futures lost 317 points, … Read more