Bessent affirms close US-Japan ties in tackling currency volatility
The United States and Japan have reaffirmed close coordination in tackling excessive volatility in currency markets, according to comments from US Treasury Secretary
Investing
Investing
Sterling falls against dollar and euro as UK political tensions rise
Sterling weakened against both the dollar and the euro on Tuesday as investors closely monitored political developments in the UK amid mounting concerns
Investing
US dollar rises as Iran ceasefire fears shake market sentiment
The US dollar strengthened early Tuesday as investor sentiment weakened amid rising concerns over the fragile ceasefire between the United States and Iran.
Economy
eToro beats Q1 profit estimates as commodities trading surges
Trading and investing platform eToro reported stronger-than-expected first-quarter earnings on Tuesday, helped by a sharp increase in commodities trading activity during a volatile
Economy
Netflix says decade-long content push generated $325B for global economy
Netflix said on Tuesday it has invested more than $135 billion in films and television series over the past decade, highlighting the scale
Economy
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
Economy
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
Economy
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
Economy
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
Economy
Cisco stock at its most overbought since 2018 — and a top pro sees 25% upside
Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last