Latest Business News
Wall Street Rebounds Near Record As AI Stocks Drive Market Gains
Wall Street closed just shy of a record high on Wednesday, driven…
US Dollar Holds Steady as Cooling PPI Trims Fed Rate Hike Odds
The US dollar steadied on Thursday as a flat Producer Price Index…
Gold Clears $4,427 as CPI Hits Target but Oil Keeps Fed Hike Odds at 48%
Spot gold prices jumped 1.36% to $4,427.72 an ounce Wednesday after July…
Government Corporate Equity Stakes Reach 30 Firms, Raising Conflict Fears
The federal government has transformed into a major Wall Street player, holding…
The K-Shaped Economy Theory Falters As Income And Spending Gaps Narrow
The K-shaped economy narrative is fading. New PNC and Bank of America…
US Dollar Stabilizes After NFP Shock Cools September Fed Hike Odds
The US Dollar held steady on Monday after Friday's brutal Nonfarm Payrolls…
China’s AI Chip Exports Drive 23.9% July Trade Surge, Beating Forecasts
China's exports climbed 23.9% in U.S. dollar terms in July from a…
Dollar Index Slides to Six-Week Low as July Payrolls Collapse Hike Odds
The US Dollar Index fell to 99.58 on Friday, its weakest reading…
Apollo Lands EasyJet in £5.7bn Deal After Rival Suitor Exits
US private equity firm Apollo has agreed to acquire British low-cost carrier…
Dollar Holds Steady Ahead of Payrolls as Fed Rate Path Stays in Focus
The US dollar traded little changed on Friday as markets braced for…