financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Why did Trump fire the head of the Bureau of Labor Statistics?
Why did Trump fire the head of the Bureau of Labor Statistics?
Aug 5, 2025
President Donald Trump was furious about the July jobs report, which pointed to a significant economic slowdown, when he resurfaced an old grievance: the statistician responsible for compiling the monthly numbers had been appointed by former President Joe Biden. Unlike Federal Reserve Chair Jerome Powell whom Trump had criticized for months the president has the authority to dismiss the head...
US dollar trades in a tight range ahead of Trump's Fed appointment decisions
US dollar trades in a tight range ahead of Trump's Fed appointment decisions
Aug 6, 2025
The US dollar remained confined within its recent trading range on Wednesday, as investors chose to stay neutral following another round of weak US economic data and ahead of President Donald Trumps upcoming appointment to the Federal Reserve Board. Trump said on Tuesday that he would decide on a nominee to replace outgoing board member Adriana Kugler by the end...
Kiwi gains ground after positive jobs data
Kiwi gains ground after positive jobs data
Aug 6, 2025
The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...
US dollar steadies as traders assess trade developments, interest rate forecasts
US dollar steadies as traders assess trade developments, interest rate forecasts
Aug 5, 2025
The US dollar held broadly steady against most major currencies on Tuesday, supported by expectations of interest rate cuts and ongoing monitoring of key trade policy developments. In a statement to CNBC today, the US president said that planned tariffs on imported pharmaceuticals could eventually reach as high as 250%. Data released Tuesday by the Institute for Supply Management (ISM)...
World >
Market >
Motorcar Parts of America, Casey's General Stores And 3 Stocks To Watch Heading Into Monday
Motorcar Parts of America, Casey's General Stores And 3 Stocks To Watch Heading Into Monday
Jun 9, 2025
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Motorcar Parts of America Inc. ( MPAA ) to report quarterly earnings at 20 cents per share on revenue of $190.70 million before the opening bell, according to data from Benzinga Pro. Motorcar Parts...
Euro zone bond yields steady, with US-China talks in focus
Euro zone bond yields steady, with US-China talks in focus
Jun 9, 2025
LONDON, June 9 (Reuters) - Euro zone government bond yields held steady in early trading on Monday, stabilising after last week's selloff, while investors watched for developments in scheduled talks between top U.S. and Chinese trade officials in London. The European Central Bank last week cut interest rates by 25 basis points (bps) to 2%, as expected, but signalled it...
JGB yields track US peers higher after resilient labour data
JGB yields track US peers higher after resilient labour data
Jun 8, 2025
TOKYO, June 9 (Reuters) - Japanese government bond yields rose on Monday, buoyed by an advance for U.S. Treasury yields after resilient labour market data on Friday saw traders pare back bets for a near-term Federal Reserve interest rate cut. The 10-year JGB yield rose 1.5 basis points (bps) to 1.470% as of 0515 GMT. The two-year JGB yield also...
Nikkei index jumps as chip stocks rally ahead of Sino-US talks
Nikkei index jumps as chip stocks rally ahead of Sino-US talks
Jun 9, 2025
(Updates with closing prices) By Kevin Buckland TOKYO, June 9 (Reuters) - Japan's Nikkei share average advanced on Monday ahead of trade talks between the U.S. and China in London later in the day, with investors watching for any easing of restrictions on semiconductor shipments. Both countries are under pressure to relieve tensions, with China dominating global exports of rare...
Environment >
Technology >
Crude oil price forecast update 26-04-2024
Crude oil price forecast update 26-04-2024
Apr 26, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above 83.90$ level, keeping the bullish trend scenario valid and active for today. Supported by moving above the EMA50, waiting to visit 85.70$ followed by 88.00$ levels as next main targets. Breaking 83.90$ will put the price under the correctional bearish pressure again, to head towards targeting 81.50$...
Silver price forecast update 26-04-2024
Silver price forecast update 26-04-2024
Apr 26, 2024
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to gradually crawl towards the key resistance 28.00$. This level represents one of the next trend keys besides 26.90$ support. We continue with our neutrality until the price confirms surpassing one of these levels followed by detecting its next destination clearly. Details of Targets and Support Breaking the resistance...
Gold price forecast update 26-04-2024
Gold price forecast update 26-04-2024
Apr 26, 2024
Gold Price Analysis Expected Scenario Gold price shows new positive trades to attempt to return to the bullish channel again. Stochastic loses its positive momentum to form potential negative pressure on the price. We continue with our neutrality until the price confirms breaching 2346.50$ resistance or break 2325.90$ support to detect its next destination clearly. Details of Targets and Support...
The GBPUSD forecast update 26-04-2024
The GBPUSD forecast update 26-04-2024
Apr 26, 2024
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias now, affected by the RSI negativity. Waiting to get positive motive that assist to push the price to resume the bullish wave. The next target is located at 1.2580$, taking into consideration that breaking 1.2480$ will stop the expected rise and push the price to decline again....
Personal Finance >
Politics >
Retail >
Business >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Economy >
Cryptocurrency >
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved