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 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...

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,...

09:01 AM EST, 01/30/2025 (MT Newswires) -- Health care stocks were steady pre-bell Thursday with the Health Care Select Sector SPDR Fund (XLV) up 0.2% and iShares Biotechnology ETF (IBB) recently inactive. Sanofi ( SNY ) shares advanced by 2.6% after the company reported a higher Q4 revenue. The company also said it intends to launch a 5-billion-euro ($5.22 billion)...

09:09 AM EST, 01/30/2025 (MT Newswires) -- Energy stocks rose pre-bell Thursday with the Energy Select Sector SPDR Fund (XLE) recently up 0.1%. The United States Oil Fund (USO) was down 0.7% and the United States Natural Gas Fund (UNG) was 1.1% lower. Front-month US West Texas Intermediate crude oil was down 0.4% at $72.34 per barrel at the New...

08:55 AM EST, 01/30/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Thursday, with The Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) 1.1% higher. Nokia ( NOK ) shares were up past 8% after the company reported higher Q4 comparable earnings and revenue. ...

09:04 AM EST, 01/30/2025 (MT Newswires) -- Financial stocks edged higher premarket Thursday as the Financial Select Sector SPDR Fund (XLF) recently advanced by 0.8%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% lower. Lazard ( LAZ ) shares were up almost 10% after...

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.

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

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.

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

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.

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 Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

Feb 3 (Reuters) - Triumph Group Inc ( TGI ): * TRIUMPH TO BE ACQUIRED BY AFFILIATES OF WARBURG PINCUS AND BERKSHIRE PARTNERS IN AN ALL-CASH TRANSACTION VALUED AT APPROXIMATELY $3 BILLION * TRIUMPH GROUP INC ( TGI ) - SHAREHOLDERS TO RECEIVE $26.00 PER SHARE IN CASH * TRIUMPH GROUP INC ( TGI ) - TO BE DELISTED FROM...

(Reuters) - Lawyers for Alphabet's Google and Fortnite maker Epic Games are set to square off before a U.S. appeals court in California on Monday, as Google tries to undo a jury verdict and a judge's order forcing it to revamp its app store. Google has argued in court filings to the San Francisco-based 9th U.S. Circuit Court of Appeals...

06:11 AM EST, 02/03/2025 (MT Newswires) -- The growing prospect of a global trade war and United States tariffs heading for the European Union is a clean euro negative, said ING. The important two-year EUR:USD rate differentials have widened around 20bps over the last couple of sessions as investors price less easing from the United States Federal Reserve and more...

NEW YORK - Entities behind President Donald Trump's crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money.  The meme coin, known as $Trump, was launched by the president...

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

The crypto industry has been focussing hard on making the business more environment friendly.