Wall Street pumped the brakes on a stock rally as Meta Platforms Inc. sank 10% amid plans to take on debt to fund its artificial-intelligence push. Bonds stabilized after a rout driven by a Federal Reserve rate-cut pushback. The dollar rose.
South Korea’s financial watchdog is said to have sent MBK Partners Ltd. a notice on possible penalties related to retailer…
Asian shares and US equity-index futures rose, suggesting that Wall Street’s advance after an in-line inflation reading could extend.
Two Middle Eastern aluminum producers were hit by Iranian attacks on Saturday, highlighting the challenge to the global economy as…