EUR/USD slips amid French political turmoil, Fed uncertainty
The euro fell against the US dollar amid heightened volatility in global currency markets, with EUR/USD dropping to 1.1616, a…
Urban Outfitters stock slides 4% despite strong quarter on cautious outlook
Shares of Urban Outfitters fell more than 4% in early trading on Thursday after the fashion retailer issued a cautious…
US stocks open mostly higher as Nvidia stock rebounds: Nasdaq up 0.4%
US stocks edged higher on Thursday as traders digested Nvidia’s latest earnings, which many saw as a fresh endorsement of…
Fed Governor Lisa Cook sues President Trump over attempted removal
Federal Reserve Governor Lisa Cook has filed a lawsuit against President Donald Trump, challenging his move to remove her from…
US GDP rebounds 3.3% in Q2 as imports plunge after tariff surge, consumer activity firms up
The US economy staged a strong rebound this spring, recovering from its first contraction in three years as imports fell…
US jobless claims slip, but weak hiring could push August unemployment to 4.3%
New applications for US unemployment benefits fell slightly last week, though weak hiring could push the jobless rate higher in…
Trump’s Fed pressure risks inflation, global market fallout, ECB’s Rehn warns
Global policymakers are voicing concern that repeated attacks on the Federal Reserve by US President Donald Trump pose risks to…
US-backed TechMet creates new unit for western critical mineral supply chains
TechMet, a US government-backed investment vehicle, is set to launch a new trading arm dedicated to critical minerals. This strategic…
Interview: US economy defies expectations, UK faces fiscal tightrope, says TradingBlock’s Michael Martin
Contrary to widespread predictions, the US economy has defied expectations of downturns from tariffs and inflation, a resilience that challenges…
Chinese yuan hits 10-month high, gold rises as Trump’s Fed pressure hits dollar
A powerful wave of capital is flowing out of a weakened dollar and into new strongholds, as the aftershocks of…