- US stocks | US market edges lower amid chip weakness, mixed bank earnings
US stocks experienced a decline as chip stocks faced selling pressure and banks reported mixed earnings. The Dow Jones Industrial Average f...
Why are silver prices down today, and will it continue to reach dream levels again?Silver prices have been falling along with other precious metals. A stronger US dollar and expectations of higher interest rates have been ...
Why are gold prices falling today, and will it continue to drop or rise again?Gold prices fell more than 1% on Wednesday due to a stronger US dollar and Federal Reserve comments increasing expectations for more rate i...
US Market: Fed’s Collins backs rate hike, flags persistent inflation risksBoston Fed President Susan Collins backed the Fed’s recent rate hike, citing persistent inflation risks and arguing that a somewhat more re...
Gold lacklustre as higher-for-longer rate outlook weighs on sentimentGold values have shown minimal fluctuations as market participants assess the likelihood of persistent elevated interest rates. Recent hike...
Global Market Today: Asian stocks rise after US tech rally, oil dropsMSCI’s Asia Pacific equity index climbed 0.3%, a sixth straight day of gains, with Japanese markets closed for a holiday. Bellwether chip s...
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record closeThe Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq so...
Shorter-dated US Treasury yields surge in anticipation of another Fed rate hikeThe Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-perc...
In 1971, a Maine fisherman rescued a baby seal and spoke to him every day. 7 years later, that seal began talking back in his own voiceA Maine fisherman rescued an orphaned harbor seal pup in 1971 and bottle-fed him while speaking to him every day. Years later, the seal, na...
US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
Global Market: AI could force central banks to rethink monetary policyArtificial intelligence could fundamentally reshape financial markets and force central banks to rethink monetary policy communication and ...
US Stock Market: Warsh Jackson Hole speech puts Fed policy communication under scrutinyFederal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-mark...
Fed's Collins says latest US inflation readings are 'mixed'US Federal Reserve officials offered differing views on the inflation outlook, with Boston Fed President Susan Collins calling July’s data ...
In 2022, MIT researchers built a portable desalination unit that removed particles and salts at once, producing about 0.3 liters per hourMIT scientists created a portable device that turns seawater into safe drinking water. This compact system uses advanced processes to remov...
'It's a Carry World': EM trade notches longest run since 2008The carry trade landscape in emerging markets is shining brightly, leading to remarkable returns for investors. This approach, which entail...
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...
Fed hikes 75 basis points second time, signals third is possibleThe FOMC vote, which included two new members -- Vice Chair for Supervision Michael Barr and Boston Fed President Susan Collins -- was unan...