Why markets are surging in spite of war
Even amid a supply shock, tech stocks continue to drive indices higher. Is the optimism justified?
Economic news
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Spirit Airlines prepares to cease operations as bailout talks founder
Trump says US still ‘looking’ at a rescue for bankrupt budget carrier but would only proceed ‘if it’s a good deal’
Trump’s Iran war leaves US with sharpest fuel shock in G7
Petrol and diesel prices are rising more swiftly in America than other major economies including the UK and Canada
Jane Street paid employees $9.4bn last year
Payout comes from trading group’s record $40bn revenue
New Nasdaq rules offer SpaceX free liquidity
Indexing methodology will provide a comfortable cushion for pre-IPO shareholders
UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz
The U.K. is now running a trade deficit with its largest trading partner.