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Economy

Pound weakens as inflation concerns grow in UK

The British pound edged lower against the US dollar on Thursday, as investors moved towards safe-haven assets amid concerns over a fragile ceasefire

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Economy

P&G earnings preview: sales seen rising despite rich valuation

Consumer products behemoth Procter & Gamble Company (PG), is scheduled to unveil its third-quarter fiscal 2026 financial results on April 24, ahead of

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Gold

Here’s why the Rolls-Royce share price is falling this week

Rolls-Royce share price dropped for three consecutive days, reaching its lowest level since April 7 as crude oil soared. It dropped to a

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Gold

Corie Barry to step down as Best Buy names Jason Bonfig CEO

Best Buy has announced a leadership transition, naming Jason Bonfig as its next chief executive officer, replacing Corie Barry later this year. The

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Gold

Robinhood fund takes $75M stake in OpenAI

Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced on Wednesday. The

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Gold

Dow Jones jumps 417 pts as Trump extends Iran ceasefire

US stock indices moved higher on Wednesday after President Donald Trump extended the ceasefire with Iran, even as uncertainty persisted over the durability

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Gold

Economists push back Fed rate cut bets amid rising energy prices

The US Federal Reserve is likely to wait at least six months before cutting interest rates this year, as inflation pressures persist, according

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Gold

Analysis: Why jet fuel is the biggest oil market crisis now

The war in Iran and the resulting closure of the Strait of Hormuz have created an acute shortage in the oil market. But,

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Gold

GE Vernova stock jumps 13% as AI data center boom lifts outlook

Shares of GE Vernova surged on Wednesday after the energy company raised its full-year outlook and reported strong first-quarter results, underscoring the growing

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Gold

Tesla stock jumps ahead of earnings: will the climb continue after?

Shares of Tesla rose 1.19% to $391.90 on Wednesday, tracking gains in broader US equity markets as investors positioned ahead of the company’s

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