The S&P 500 opened at a new record on Wednesday after US wholesale prices unexpectedly declined, fueling expectations that the Federal Reserve will move ahead with an interest…
The Producer Price Index (PPI) for final demand slipped 0.1% in August, offering the Federal Reserve fresh leeway to consider lowering interest rates at its meeting later this…
Dow futures dipped slightly Wednesday morning as traders waited nervously for producer price inflation data that could influence the Federal Reserve’s next rate decision.The PPI report has Wall…
Poland invoked NATO’s Article 4 for urgent consultations after 19 Russian drones breached its airspace on the night of September 9–10, a dramatic escalation that drew immediate solidarity…
Gold and crude oil prices extended gains on Wednesday, with copper prices remaining largely unchanged from the previous close. Silver prices jumped by more than 1% on Wednesday as…
Holiday sales in the United States are set to increase at the slowest pace since the pandemic, according to Deloitte’s latest forecast, released on Wednesday, reported by Reuters.The…
Gold has continued its rally over the last few weeks, with prices hitting a series of record highs. However, the market would be keenly awaiting US inflation data to…
The seemingly unstoppable juggernaut of fast fashion has hit a wall. Inditex, the Spanish retail titan and owner of Zara, reported weaker-than-expected sales in its second quarter on…
Novo Nordisk, the Danish pharmaceutical giant behind the obesity drug Wegovy, said on Wednesday it will cut about 9,000 jobs globally in a major restructuring effort, aiming to…