US bank profits climb in Q3 as loss provisions ease, FDIC says
According to numbers released Monday by the Federal Deposit Insurance Corporation, the US banking industry’s quarterly profitability rebounded sharply, jumping…
Evening digest: Eli Lilly hits $1T, crypto stumbles, China-Japan tensions flare
Markets, geopolitics, and big corporate shifts are driving the evening’s biggest stories. Eli Lilly has made history by becoming the…
Europe bulletin: UK growth stalls, Nokia bets big on AI, Ukraine peace talks shift sentiment
Europe’s markets and politics are moving in tandem today, with fresh economic data, major corporate investments, and shifting geopolitical signals…
US midday market brief: Dow jumps 700 points after Fed’s Williams hints at another rate cut
Federal Reserve President John Williams sparked a major equity rally on Friday by signaling that the central bank still has…
Fed rate cut bets surge to 73% after John Williams’ optimistic outlook
Bets for a December interest rate cut by the US Federal Reserve have sharply increased on Friday after an optimistic…
Is Trump’s trade war playbook backfiring? A look inside the fractures it created
Donald Trump’s second term in office began with the kind of shock that grabs headlines and shakes markets. Within weeks,…
Morning brief: Japan launches $135 bn stimulus, US banks scale back Argentina support
Global economic developments unfolded across multiple regions on Friday, with US banks altering their support strategy for Argentina, Japan unveiling…
India economic momentum hits brake as US tariffs hit key export sectors
India’s economic activity showed early signs of cooling in November as global trade tensions began to filter into domestic performance,…
Asian gold markets see weak demand amid international price volatility
Physical gold demand across major Asian markets remained notably weak this week, a direct consequence of pronounced volatility in international…
What is really driving the market slump: AI bubble fears or a fragile labor market?
Things used to be simple in the markets. AI would carry US stocks higher for a couple of years, regardless…