Last News

The term may have been on the back burner recently, but economists have not stopped talking about their hopes for the U.S. to get a “soft landing” after the economic turmoil of prolonged high inflation.November’s solid jobs report did nothing ...

Shares of Google finished up 5% higher on Thursday, after the technology giant announced its latest artificial intelligence model. Gemini, as the model is called, is being billed as a direct competitor to products from OpenAI, Microsoft, and Meta.Parent company ...

The DAX, Germany’s benchmark stock index, reached an all-time high on Wednesday as investors grew in confidence that interest rates will soon be cut.On Tuesday, the DAX closed at a record high of 16,533 points. That peak was beaten the ...

This week, Apple remarkably became the world’s first corporation to finish a trading day with a market cap above $3 trillion. Its shares are up almost 50% this year.Apple’s value officially passed the $3 trillion mark for the first time ...

The price of Bitcoin raced above $40,000 this week, reaching its highest level in 18 months as investors anticipate a lower interest-rate environment and important unblocking of regulatory logjams that could make the crypto asset more accepted.Bitcoin, the world’s largest ...

Gold prices hit a fresh record on Monday for a second day in a row — with spot prices hitting $2,100 as the global rush for gold continues.Gold prices are on track to hit new highs next year and could ...

Robinhood is under attack for its use of the controversial payment for order flow (PFOF) model of market-maker routing. The company uses this model in its flagship U.S. operation.Consumer trading advocates and regulators have called for a ban on the ...

Annual inflation in the euro zone slowed substantially to 2.4% in November from 2.9% in October, according to initial figures on Thursday. Economists, who had broadly penciled a reading of 2.7% as a good news story, welcomed the surprise fall.Core ...

India is aiming to grab a bigger piece of the global pharmaceutical market and challenge China as the world’s pharmacy. India’s pharma market is the third largest in volume across the globe, and the 14th largest in value.However, it is ...

The U.S. economy is giving mixed signals, although the news of reduced jobless claims is a welcome boost to the world’s biggest economy. Jobless claims totaled209,000 in the week ended November 18, which was 24,000 less than in the previous ...

In a sign of the growing race for electric vehicle supremacy, Nissan will inject $1.4 billion into its British plant to build two major EV models.The Japanese automaker said last week that its plans for electric versions of the Qashqai ...

Turkey's central bank this week surprised the marketswith a bigger-than-expected interest hike as it revved up its battle against inflation as it tries to support the slumping lira.The central bank hiked its policy rate by 5 percentage points to 40%, ...

Worldwide smartphone sales climbed in October after falling for 27 straight months on a year-on-year basis. Led by a recovery in emerging markets, retail sales volumes grew 5% year-on-year in October.Huawei has also made a comeback in China, clocking the ...

Nvidia reported fiscal third-quarter results that surpassed Wall Street’s predictions. The chipmaker’s revenue grew 206% year over year during the quarter ending October 29.Revenue came in at $18.12 billion vs. an expected $16.18 billion. Earnings also performed well, coming in ...