Stocks near record highs as investors await Fed minutes, manufacturing update: What to know this week
The S&P 500 (^GSPC) chugged to a record high last week as new inflation data signaled good news about the…
Shein faces investor pressure to slash valuation to $30 billion ahead of London IPO
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing,…
Dollar Swings Drive Creative Yen Bulls to European-Based Trades
Investors are getting creative in the way they bet on the diverging path for interest rates across major economies as…
Oil Holds Declines on Prospect of Higher Russia, Iraq Supplies
Oil steadied after a string of declines as the prospect of increased flows from Iraq and Russia weighed on the…
HK comments leave the door open to use of cryptocurrencies as proof of wealth
The Hong Kong government has responded for the first time to questions about the use of cryptocurrencies as proof of…
Oil Swings as Market Weighs Trump’s Bid to Slash Iran’s Exports
Oil swung as the market weighed the likelihood that the Trump administration will be able to dramatically slash Iran’s crude…
Airbnb stock surges as CEO aims to make app the ‘Amazon’ of travel and living
Airbnb (ABNB) stock surged more than 14% in early trading Friday following an earnings beat as CEO Brian Chesky said…
Crypto scams likely set new record in 2024 helped by AI
The rise of “pig butchering” scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams…
Nvidia shakes up stock portfolio, cratering Serve Robotics and sending WeRide soaring
Nvidia (NVDA) on Friday disclosed its latest equity holdings, and the reveal led to some wild swings in the fortunes…
Bitcoin price recovers slightly ahead of Trump-Putin talks
Bitcoin (BTC-USD) edged up by about 1% on Thursday, climbing to $96,535 (£77,328). The cryptocurrency’s intraday range spanned from approximately…