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US inflation rises to 3.8%, highest since May 2023, as energy prices surge

US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy prices linked to tensions

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Bitcoin

Private credit returns weaken as loan distress deepens, MSCI finds

Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new data released by

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Bitcoin

Dow slips 150 points as hot inflation, oil surge hit Wall Street

Wall Street opened lower on Tuesday as investors reacted to a hotter-than-expected inflation report and mounting concerns that the ongoing US-Iran conflict could

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Bitcoin

Aluminium recyclers warn of EU ETS hit, copper nears record highs

European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU

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Bitcoin

Wendy’s stock jumps 13% as Nelson Peltz eyes potential take-private bid

Nelson Peltz’s activist investment firm Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, according

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Bitcoin

Why analysts are raising Nvidia stock targets despite China and conflict concerns

Nvidia stock continued climbing on Tuesday, extending its record-setting rally. Shares of the AI chipmaker rose over 2% to hit a new record

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Bitcoin

Gold could hit $17,250 as dollar loses reserve status: Pierre Lassonde

Mining industry veteran Pierre Lassonde said the global financial system is undergoing a structural shift that could push gold prices to $17,250 per

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Business

Nvidia at $5.4T larger than India’s market, S&P 500 healthcare, entire economies

The extraordinary rise of Nvidia has become more than just a stock market story. The artificial intelligence chipmaker’s surge beyond a $5 trillion

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Business

US inflation rises to 3.8%, highest since May 2023, as energy prices surge

US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy prices linked to tensions

Read More
Business

Private credit returns weaken as loan distress deepens, MSCI finds

Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new data released by

Read More