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US ECONOMIC DATA
US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decisionNew York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while ...
FIFA World Cup drives prediction market to record high; sports volumes may hit $740 billion by 2030, says Binance ResearchThe 2026 FIFA World Cup became the largest prediction market event, generating over $5.4 billion in trading volume. Expanded participation,...
US Stock Market: Treasury yields ease as investors buy bonds after selloff; strong auction boosts sentimentUS Treasury prices saw gains as investors bought bonds following a sharp selloff. A strong auction of 30-year government bonds attracted si...
Raghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheetFederal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists...
US Fed appoints Marc Andreessen to co-lead productivity, jobs task force to assess economic impact of new technologiesThe US Federal Reserve has formed five task forces to modernize its monetary policy framework. Marc Andreessen will co-lead a task force ex...
Are data centres uncool? Questions over AI's ecological trade-off are growing louder but solutions may be emergingAI's environmental strain from data centers and resource exploitation is causing growing public concern. Communities face water shortages a...
Indian embassy pitches deeper economic engagement with Chinese businessesVikram Doraiswami, the Indian Ambassador, has engaged with Chinese companies to enhance economic relations. He highlighted the embassy's co...
Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
Can US President Trump 'cut off all trade' with Spain?President Trump has ordered a trade embargo against Spain, which includes cutting off all trade. This action stems from ongoing tensions re...
US semiconductor boom faces worker shortage amid race with ChinaUS China semiconductor race: A significant skilled worker shortage could delay new US semiconductor plant construction. This talent crunch ...
Ingram bets big on India's AI, cloud pushIndia has become Ingram Micro's second-largest market globally. Accelerated AI adoption and data centre investments fuel this significant g...
AI boom drives intangible investment to record level: UNGlobal intangible asset investments reached over $10 trillion in 2025. This growth significantly outpaced tangible investments over recent ...
In a big sovereignty push, Google Cloud to host its latest AI models in India: Global chief Thomas KurianGoogle Cloud, which has an annual revenue run rate nearing $80 billion, is establishing a specialised hub of “forward deployed engineers” i...
FIFA 2026: World Cup propels surveillance to new heightsThe 2026 FIFA World Cup in Pennsylvania is under surveillance, with governments and private firms monitoring attendees' faces, movements, a...
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-MayEurope's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclic...
US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlookSan Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increas...
US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forcesFederal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on trad...
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisionsFederal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...