Yum! to close 250 Pizza Hut stores as sales slump amid strategic review
Yum! Brands announced Wednesday that it will close approximately 250 underperforming Pizza Hut locations across the United States during the…
Gold back over $5,100/oz, silver surges 5% as US-Iran tensions escalate
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward…
AI capex boom shifts focus from models to infrastructure and balance sheets
The AI investment cycle is slowly entering a new phase where excitement around models and demos is now defined by…
Should investors rotate into Asian equities as US uncertainty lingers?
Not many expected that Asian equities would outperform the US heading into 2026. US equities as currently struggling to hold…
China to bet on services to make consumers spend again, will it be enough?
China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a…
Why confirmation of Kevin Warsh’s Fed chair nomination might face hurdles
President Donald Trump has nominated Kevin M. Warsh as the next chair of the Federal Reserve, setting the stage for…
Gold slumps 3%, but set for its strongest monthly gain since 1980
Despite a sharp, more than 4% slide on Friday—fueled by rumors of a potentially more hawkish Federal Reserve chair—gold remains…
Xi and Starmer deepen cooperation on trade, visas, and technology amid visit
China and the United Kingdom moved cautiously toward rebuilding their relationship on Thursday, with President Xi Jinping telling Prime Minister…
China approves first imports of Nvidia’s H200 AI chips during Huang’s visit
China has approved its first imports of Nvidia’s H200 artificial intelligence chips, Reuters reported, citing two people familiar with the…
Gold tops $5,000 as commodities split between macro risk and physical supply
Geopolitical risk has sent gold soaring past $5,000 an ounce on investor uncertainty, even as energy markets remain firmly tied…