Dow futures plunge as investors weigh Trump-Xi trade deal: 5 things to know before Wall Street opens
Dow futures declined over 160 points in early trade on Thursday, as investors digested a mixed bag of Big Tech…
Eli Lilly shares jump as blowout earnings, obesity drug demand fuel profit upgrade
Shares of Eli Lilly rose nearly 4% in premarket trading on Thursday after the pharmaceutical company reported third-quarter earnings that…
Interview: ‘Washington’s tariff cut is less about retreat and more about strategy,’ says ASPI’s Rishi Gupta on Trump-Xi meeting
The Trump-Xi meeting on Thursday is the biggest geopolitical event of recent times, and while trade headlines keep changing, this…
Commodity wrap: oil eases despite US-China trade hopes; gold flat, copper falls
Oil prices eased on Thursday as investors assessed a potential trade deal between the US and China. Gold prices were…
Global demand boosts Russian wheat shipments despite weather challenges
Russian wheat exports are estimated to reach 5.1 million metric tons in October, surpassing last month’s 4.8 mmt and the…
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…