What Citibank’s rate cut tells us about the next big move in the economy
Citibank surprised markets by lowering its base lending rate from 7.25% to 7.00% on Wednesday. This isn’t just a technical…
Europe bulletin: ECB holds rates steady, Dutch election, and Louvre heist arrests rise
European markets closed mostly lower on Thursday after the European Central Bank (ECB) decided to leave interest rates unchanged for…
Hurricane Melissa update: Cuba hit by powerful winds after disaster in Jamaica
Hurricane Melissa, now a Category 3 storm, struck Cuba early Wednesday after devastating Jamaica less than 24 hours earlier. The…
Dow futures soar ahead of Fed decision: 5 things to know before Wall Street opens
Dow futures are trading in green on Wednesday, buoyed by optimism surrounding ongoing AI advancements and strong corporate earnings, especially…
US and South Korea near completion of major trade deal worth $350B
The United States and South Korea have reached an agreement on the key details of a long-awaited trade deal, according…
Interest rate decision preview: What to expect from a blindfolded Fed
There is a different kind of discussion going on ahead of the Federal Reserve’s interest rate decision on Wednesday. Usually,…
Etsy shares slide despite earnings beat as CEO Josh Silverman announces departure
Shares of Etsy fell more than 9% in premarket trading on Wednesday after the e-commerce company announced that Chief Executive…
Analysis: analysts warn gold not risk-free despite record highs
Gold prices were largely on the back foot at the beginning of the week, with the yellow metal falling from…
Commodity wrap: Federal Reserve decision and trade talks boost oil, gold prices
Gold prices rebounded on Wednesday after sliding below $4,000 per ounce earlier this week. Silver prices also followed gold’s rise…
Toyota denies making new $10B US investment pledge during Trump visit
Toyota Motor Corporation has firmly rejected claims that it pledged a fresh $10 billion investment in the United States during…