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Dollar set for biggest weekly drop since April after jobs data lowers Fed hike betsThe US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectatio...
Trump Accounts launch July 4, giving newborns $1,000. Here's what to knowPresident Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the...
Dollar heads for weekly drop as jobs data dims Fed hike betsThe US dollar experienced its sharpest weekly decline in almost three months, driven by a weaker-than-expected June jobs report. This eased...
Gold heads for first weekly rise in five on easing Fed rate hike betsGold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data...
A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turfWestern startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, wh...
US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...
Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
US stocks today: S&P 500, Nasdaq edge lower as tech shares slideUS stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of ...
India bonds stuck in range as traders eye fresh triggersIndian government bonds remained stable as hopes of inclusion in the Bloomberg index balanced out geopolitical concerns and a declining rup...
India bonds rise as index-entry hopes counter rise in US yieldsIndian government bonds saw gains as anticipation of Bloomberg index inclusion and improved liquidity bolstered prices. Despite higher U.S....
Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
Mark Zuckerberg asks Meta to explore working with Polymarket and Kalshi: ReportThe social media company's executives have said Arena, Meta's new prediction market app under development, will differ from Polymarket and ...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
Gold gains as dollar weakens; still on track for fourth straight weekly lossGold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following ...
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reportsSpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T....
Legal tech firm sues US over order limiting foreign access to top-tier Anthropic modelsLegion LegalTech Corp, a legal tech firm based in the US, has initiated legal action against the federal government after a controversial d...
Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...
Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...