The Nasdaq was on the verge of a breakdown last week as continued escalations in the Strait of Hormuz and hawkish Fed expectations sapped market’s optimism. Everything changed on Thursday when Trump cancelled his planne…
The outcome of the 2026 midterm elections could have a direct impact on the pro-crypto agenda in Washington.
(RTTNews) - Gold prices advanced on Wednesday as oil prices pulled back from recent highs and investors braced for a closely watched Federal Reserve rate decision later in the day.
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The market spent this week chasing a different driver almost every day. Inflation refused to cool enough for the Federal Reserve to relax, Europe moved closer to another rate hike, and oil stopped trading purely on war …
AI stocks are among the most vulnerable to higher bond yields, one analyst says. Plus, are investment bank stocks a buy?
Investor Michael Burry announced a bet against AI players last year and recently reiterated his position.
Fact CheckedThis article has been reviewed and updated according to INN's rigorous fact-checking process. Our staff editors verify all articles against information and data from primary sources, reputable publishers and…
SK Hynix is in talks with Intel to manufacture its memory chips in the U.S. for the first time, Reuters reported Wednesday, sending shares of both companies higher in premarket trading.
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The Consumer Prices Index, which measures the cost of goods and services across the economy, has risen to 3.1% in the year to August, up from 2.9% in July.
The GBP/USD pair attracts fresh sellers following an intraday uptick to the 1.3500 neighborhood and drops to the lower end of its daily range during the first half of the European session on Wednesday. Spot prices curre…
ING’s Francesco Pesole highlights that the Federal Reserve announcement could push EUR/USD towards the 1.150 target. He notes that below 1.150 risks become more balanced given technicals, short-term valuation and rate d…
About 100 residents and activists have called on Philadelphia officials to impose a three-year moratorium on the construction of data centers. The “No Data Centers in Philly” campaign advocates for the development of re…
Yields on U.S. Treasurys were little changed Wednesday morning, as investors awaited the outcome of the Federal Reserve's two-day September meeting.
Tuesday was one of the most important days of the year for the cryptocurrency industry, as the US Senate was scheduled to vote on the key market-structure legislation, the CLARITY Act, which, unfortunately for its backe…
The Japanese Yen (JPY) turns flat against the US Dollar (USD) at around 155.00 in the European trading session on Wednesday after recovering its early losses. The USD/JPY pair is expected to trade cautiously, with marke…
Deutsche Bank’s Henry Allen and colleagues note that the S&P 500 has retreated to a six‑week low as higher Oil prices and stagflation fears weigh on risk assets. They highlight that markets now price a 94% probability o…
European Commission President Ursula von der Leyen on Wednesday said the European Union is opening the door for Canada to become the first associate member of the 27-nation bloc.
EUR/CAD extends its gains for the second consecutive day, trading around 1.6090 during European hours on Wednesday. Traders are closely watching the European economic calendar, as the seasonally adjusted Eurozone Indust…
The Pound to Euro exchange rate (GBP/EUR) firmed on Monday as markets turned positive ahead of Trump’s meeting with Zelensky.
SINGAPORE — Ukraine's sanctions envoy said Russia could be forced to retreat from the war within six months if its oil revenues are halved, as he pressed governments across Asia to shut down loopholes letting Russian ta…
There's nothing like talk of energy prices and potential higher borrowing costs to remind us that the summer holidays are well and truly over.
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