S&P 500 hits record high as AI stocks shrug off bond market slump
Wall Street’s blue-chip index touches fresh peak but rally increasingly reliant on handful of tech stocks
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McKesson and CD&R strike $5.8bn deal to buy infusion services provider
Acquisition of Option Care Health is latest buyout of a healthcare services company trading below historic valuation multiples
Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year
That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion.
Big Oil’s day in court
The US Supreme Court heard arguments in a pivotal case that seeks to hold top polluters liable for the costs of climate change
UK risks ‘uninvestable’ reputation if North Sea projects are blocked, says energy boss
Equinor chief says refusal to approve Rosebank and Jackdaw projects would be ‘major setback’