Oil price weakness seen as short-lived despite supply concerns, say analysts
While bearish sentiment due to OPEC+ production increases and demand concerns are causing oil prices to fall, this decline is…
Salesforce, Microsoft, and 3 other software stocks Evercore ISI wants you to buy amid market pullback
Investors have been cautious about high-growth technology stocks in 2024, with broader market uncertainty and concerns over President Donald Trump’s…
Gold prices hover near $2,900: Will trade uncertainty push further gains?
Gold prices remained subdued above the $2,900 per ounce mark on Friday even as the precious metal is set to…
US job growth likely remained strong in February, but trade and policy risks cloud outlook
The US labour market likely continued to add jobs in February, but concerns over trade policies, immigration crackdowns, and federal…
Is the US too dependent on China for soybean exports?
Trade tensions have once again ensnared US farmers. Although China’s retaliatory tariffs have been relatively limited thus far, they could…
China’s gold reserves rise for fourth straight month amid escalating US trade tensions
China’s central bank has been steadily increasing its gold reserves, marking a fourth consecutive month of purchases. The country’s gold…
Walgreens to go private in $10B deal with Sycamore: how the pharmacy giant fell from grace
Walgreens Boots Alliance will be taken private by Sycamore Partners in a $10 billion deal, the companies announced Thursday, marking…
Europeans are embracing EVs while Tesla is imploding: here’s why
Electric vehicle (EV) adoption in Europe is increasing. One would expect that Tesla would be one of the biggest winners…
Brazil’s economy expands 3.4% in 2024, beating expectations
Brazil’s economy grew by 3.4% in 2024, according to the latest data issued by the official statistics agency IBGE. These…
White House Crypto Summit: who’s invited and what’s on the agenda?
President Donald Trump is set to welcome cryptocurrency industry leaders to the White House on Friday for an unprecedented “crypto…