The August stock-market slump is a myth — so why does Wall Street keep repeating it?
In order to understand the brutality of American capitalism, you have to start on the plantation.
Market Analysis
Dollar Rises on Houthi Tanker Attack and Higher Oil Prices
The dollar index (DXY00) on Thursday rose by +0.35%. The dollar found support from strong US interest rate differentials, as the 10-year T-note yield rose by +4 bp and posted a new 1.5-year high amid Thursday's surge in…
Dollar Rises on Houthi Tanker Attack and Higher Oil Prices
The dollar index (DXY00) is up +0.37%. The dollar is finding support from strong US interest rate differentials, as the 10-year T-note yield rose by +5 bp and posted a new 1.5-year high amid today's surge in oil prices …
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New Zealand Dollar falls as strong US labor data supports the Dollar
NZD/USD trades lower near the 0.5770 area on Thursday as the US Dollar (USD) strengthens following better-than-expected United States (US) labor-market data. Renewed geopolitical uncertainty is also supporting safe-have…
Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire
The Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register.
Dollar Rises on Houthi Tanker Attack and Higher Oil Prices
The dollar index (DXY00) is up +0.37%. The dollar is finding support from strong US interest rate differentials, as the 10-year T-note yield rose by +5 bp and posted a new 1.5-year high amid today's surge in oil prices …
Dollar Rises on Houthi Tanker Attack and Higher Oil Prices
The dollar index (DXY00) on Thursday rose by +0.35%. The dollar found support from strong US interest rate differentials, as the 10-year T-note yield rose by +4 bp and posted a new 1.5-year high amid Thursday's surge in…
Lawmakers push for AI 'kill switch' after OpenAI goes rogue
US lawmakers want to give the government the ability to quickly order the turning off of artificial intelligence (AI) tools that may threaten the public.
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Lawmakers push for AI 'kill switch' after OpenAI models go rogue
US lawmakers want to give the government the ability to quickly order the turning off of artificial intelligence (AI) tools that may threaten the public.
Singapore Dollar: Sideways range holds against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain directionless in the near term, with intraday trading confined to a tight 1.2900–1.2925 band. Over the coming weeks, the pair is seen oscill…
Forex Today: US Dollar rises as strong labor data and Middle East tensions lift Oil
The US Dollar strengthened across the board on Thursday as resilient United States labor data and escalating hostilities in the Middle East support demand for the Greenback. Initial Jobless Claims fell to 187K in the we…
Intel's stock jumps 11% as chipmaker rides AI boom to fastest revenue growth in almost 15 years
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock jumped 11% in extended…
Intel sales, profit forecast beat estimates; company boosts spending plans on AI boom
The memory semiconductor sector is experiencing explosive growth, with industry revenue surging 78% in 2024 to $170 billion, positioning these stocks for exceptional returns before the anticipated 2026 market boom.
OpenAI's Hugging Face hack triggers 'AI Kill Switch' bill in Congress
Rep. Ted Lieu, D-Calif., and Rep. Nathaniel Moran, R-Texas, on Thursday introduced a bill called the "AI Kill Switch Act," which would require artificial intelligence companies to maintain the ability to shut down, thro…
A ‘generational buying opportunity’ guarantees inflation plus 3% a year, says this hedge-fund manager
There are more than 400,000 insurance agents in this country, and almost all of them would love to sell you a whole life insurance policy. If you buy a policy with premiums of $40,000 per year, the commission would typi…
Australian Dollar trades under pressure amid strong US data
AUD/USD trades lower near the 0.6970 area on Thursday, giving back earlier gains as the US Dollar (USD) strengthens on the back of upbeat United States (US) labor market data and continued hostilities between the US and…
Asia FX: Oil shock seen manageable – BNY
BNY’s Geoff Yu argues that Oil near $95 is a shock for Asian energy importers but not a trigger for a broad balance-of-payments crisis. He highlights stronger current-account buffers in ASEAN and India, prior fiscal con…
Stocks Fall Sharply as Crude Oil Prices Soar and Alphabet Sparks AI Spending Concerns
The S&P 500 Index ($SPX) (SPY) today is down -1.34%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.06%. September E-mini S&P futures (ESU26) are down -1…
Canadian Dollar: Holds near fair value against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is tracking the broader US Dollar (USD) trend, with USD/CAD easing overnight then rebounding to trade nearly flat. Trade comments from…
Swiss Franc hits 13-month low as rising Oil prices boost bets on Fed hike
USD/CHF climbs to its highest level since June 2025 on Thursday, supported by a broadly stronger US Dollar (USD) as the expanding war in the Middle East pushes Oil prices higher and strengthens Federal Reserve (Fed) rat…
See How B2Gold Ranks Among Analysts' Top Metals Picks
In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components of the Metals Channel Global Mining Titans Index were ranked according to those aver…
Gold tumbles as sellers target $4,000
Gold price (XAU/USD) loses nearly 2% on Thursday as the US Dollar stages a comeback amid growing speculation that the White House may continue its campaign against Iran, which seems poised to prolong the Gulf war. The X…
Dow Jones Industrial Average sells the war without an earnings alibi
The Dow Jones Industrial Average trades around 600 points lower on Thursday, down 1.1% near 51,600 in a session whose high sits within a handful of points of the opening print. The decline unwinds this week's two-day re…
Blackstone is addressing community concerns around AI, CEO says
PAWTUCKET – Blackstone Valley Community Health Center’s clinic at 42 Park Place has reopened, expanding access to primary care at a time when Rhode Island is grappling with a shortage of providers.