Commodity wrap: gold, silver tumble as rate cut bets fade; oil slips 3%
Gold and oil prices tumbled on Thursday in a volatile session as traders assess geopolitical tensions and positive economic data. …
UK economy grows 0.1% in Q4 as services stall and investment weakens
The UK economy grew by 0.1% in the final three months of 2025, according to official data, as manufacturing offset…
US credit card debt hits record high as household borrowing climbs
American consumers ended the year with a new record in credit card borrowing, as balances rose sharply in the final…
Is the yen rally signaling a shift in global markets and dollar confidence?
There is one currency making the most headlines and moving markets since the beginning of the year, and it’s not…
Morning brief: Takaichi wins Japan election, Starmer’s chief of staff quits
Global markets opened the week with a burst of political and technology-driven momentum. Investors reacted to a sweeping election victory…
Oil finds short-term support as oversupply eases, bearish risks linger
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than…
Yen slips as markets bet on Sanae Takaichi win and reflationary policies
The Japanese yen slipped as traders positioned for Sunday’s snap election, with markets expecting Prime Minister Sanae Takaichi to extend…
Tesla stays competitive in China as January EV shipments tick higher
Tesla remained a visible player in China’s crowded electric vehicle market in January, even as industry momentum continued to fade.…
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…