Is Britain facing a 1976-style debt crisis amid bond market turmoil?
Britain’s recent bond market turmoil has evoked unsettling comparisons not just to the Liz Truss mini-budget debacle of 2022, but,…
Why is El Salvador defying the IMF to buy more Bitcoin despite economic challenges?
El Salvador continues to defy global financial norms by expanding its Bitcoin reserves, adding 11 BTC to its holdings despite…
Elon Musk explores moves to unseat Starmer before next UK elections, FT reports
Billionaire tech mogul Elon Musk has held private discussions with allies about how British prime minister Sir Keir Starmer could…
‘Stable’ US job market: new data shows low layoffs and quits
New economic data released this week paints a picture of a US labor market that is continuing to cool, with…
Gold prices rise on safe-haven demand; is silver set to shine next?
Gold prices rose on Thursday as increased safe-haven demand supported sentiments for the yellow metal. Uncertainty about US President-elect Donald…
Mexico inflation drops to 4.21%, approaching four-year record low
In December 2024, Mexico’s annual inflation rate dropped to a nearly four-year low of 4.21%, representing a notable decline of…
How many billions will California fires cost the US economy?
A fast-moving wildfire freshly tore through the Hollywood Hills early Thursday, threatening a region synonymous with the American film industry.…
Asia FX weakens as hawkish Fed boosts dollar; yen rises on BOJ rate hike bets
Investing.com– Most Asian currencies drifted lower on Thursday, coming under pressure from a stronger dollar as hawkish comments from the…
Dollar stable, underpinned by rising yields, hawkish Fed minutes
Investing.com – The US dollar steadied Thursday, underpinned by rising Treasury yields after hawkish comments from the Federal Reserve and…
Firm dollar keeps pound, euro and yen under pressure
By Ankur Banerjee and Greta Rosen Fondahn SINGAPORE/GDANSK (Reuters) – The U.S. dollar charged ahead on Thursday, underpinned by rising…