The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...

Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...

The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...

The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...

04:15 PM EDT, 06/23/2025 (MT Newswires) -- NioCorp Developments ( NB ) said late Monday it will be added to the broad-market Russell 3000 Index June 30 as part of the 2025 Russell indexes reconstitution. Shares were up over 2% in after-hours trading. ...

05:05 PM EDT, 06/23/2025 (MT Newswires) -- US equities rose Monday, apparently shrugging off concerns about an escalating turmoil in the Middle East, while oil prices slumped. The S&P 500 ended about 1% higher at 6,025.2, while the Nasdaq Composite and the Dow Jones Industrial Average climbed 0.9% each at 19,631 and 42,581.8, respectively. Barring energy, all sectors were in...

June 23 (Reuters) - U.S. stock futures rose on Monday after President Donald Trump said a ceasefire has been agreed to between Israel and Iran. S&P 500 emini futures rose 0.3% and Nasdaq futures added 0.5%, suggesting traders expect Wall Street to climb when it opens on Tuesday. ...

04:24 PM EDT, 06/23/2025 (MT Newswires) -- US benchmark equity indexes closed higher on Monday, as oil prices fell after Qatar claimed Iranian missiles targeting US bases were intercepted. The Nasdaq was up 0.9% to 19,630.97 while the S&P 500 gained 1% to 6,025.17. The Dow Jones Industrial Average increased 0.9% to 42,581.78. Energy was the only sector in red,...

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, and is focused on the design and development of semiconductor technology, including 3D stacking, artificial intelligence and machine learning.

Efforts by a group of OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer...

Both Alibaba and traditional rival JD.com are coming off a disappointing Singles' Day campaign, with only single-digit percentage growth during their signature annual shopping festival.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

06:29 AM EDT, 07/29/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Monday highlighted: Markets: United States Treasury (UST) bullish steepening bias extends in Asia. Stocks and e-minis rally. The euro (EUR) rises to $1.087, then consolidates. Brent hovers near $81.50/barrel, above Friday's low. US: Vice President Kamala Harris' favorability rating rose to 43% from 35% a week...

06:27 AM EDT, 07/29/2024 (MT Newswires) -- A California judge has dismissed three of eight claims by a former BlackBerry Ltd. female executive suing the company and CEO John Giamatteo for sexual harassment, discrimination and wrongful termination, The Globe and Mail reported over the weekend Magistrate Judge Sallie Kim of the U.S. District Court, Northern District of California wrote in...

06:22 AM EDT, 07/29/2024 (MT Newswires) -- Rakovina Therapeutics ( RKVTF ) over the weekend said it has closed its oversubscribed non-brokered private placement, raising $2 million. The company issued around 20 million units at a purchase price of $0.10 per unit. Each unit is composed of one Rakovina common share and one common share purchase warrant entitling the holder...

06:24 AM EDT, 07/29/2024 (MT Newswires) -- Loews ( L ) reported Q2 net earnings Monday of $1.67 per share, up from $1.58 a year earlier. Revenue for the quarter ended June 30 was $4.27 billion, up from $3.93 billion a year earlier. Analysts' estimates were not readily available for comparison. Price: 79.23, Change: -0.86, Percent Change: -1.07 ...

The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorgs recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw their values diminish by more...

Investment management firm VanEck has outlined a scenario in which bitcoin (BTC) could reach $2.9 million per coin by 2050. This forecast is based on their base case scenario, which envisions bitcoin becoming a key international medium of exchange and ultimately growing to be one of the worlds reserve currencies. The Road to $2.9 Million VanEcks report presents three distinct...

Coinbases UK unit CB Payments Limited (CBPL) was fined $4.5 million by the UK financial regulatory agency, the Financial Conduct Authority (FCA), for repeatedly violating a requirement that barred the firm from providing services to high-risk customers. While CBPL itself does not handle crypto transactions for customers, it serves as a gateway for trading through other entities within the Coinbase...

Amidst significant backlash for opting not to speak at the Bitcoin Conference, Vice President Kamala Harris has found an ally in SkyBridge founder Anthony Scaramucci. Voicing his support for the presumptive Democratic presidential nominee, Scaramucci criticized the ongoing narrative suggesting Harriss administrations hostility towards crypto. He contrasted this with former President and Republican nominee Donald Trumps history of calling Bitcoin...