WH Smith shares crash 31% after £30 mln overstatement in U.S. business

The UK's third-largest steelworks, Liberty Steel, has collapsed into government control, leaving hundreds of workers in Rotherham and Sheffield facing an uncertain future.

Editor’s Note: This situation is significant as it highlights the challenges facing the steel industry in the UK, affecting jobs and the local economy. The government's intervention raises questions about the future of steel production and employment in these regions.

Palantir, once a standout in the S&P 500, saw its stock soar by 144% before experiencing a significant decline, losing over $73 billion in market cap in just six sessions.

Editor’s Note: This drastic fluctuation in Palantir's stock highlights the volatility of the tech sector and raises questions about investor confidence and market stability.

A veteran Wall Street analyst discusses potential influences on the S&P 500 in 2025, providing insights into market trends and forecasts.

Editor’s Note: Understanding the factors that could shape the S&P 500 is crucial for investors. This analysis helps in making informed decisions about future investments and market strategies.

Analyst Oliver Chen highlights Walmart's strong grocery business, emphasizing its focus on value and variety. He declares Walmart the leader in the grocery sector due to its scale and options for consumers.

Editor’s Note: Walmart's success in the grocery market is significant as it reflects consumer preferences for value and convenience. This insight from a respected analyst underscores Walmart's competitive edge and its impact on the retail landscape.

A new survey by the Conference Board reveals that twice as many U.S. employers plan to slow hiring in the second half of 2025 compared to last year.

Editor’s Note: This trend indicates a potential slowdown in the job market, which could affect economic growth and employment opportunities. Understanding these shifts helps job seekers and policymakers prepare for future challenges.