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Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
Australia’s Job Market Decline Fuels Rate-Cut Speculation
SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs, primarily in full-time roles. The downturn, which...
Crude Oil Price Forecast – March 14, 2025
Crude oil prices are exhibiting a strong bullish momentum, with the next key resistance level being the 50-period Exponential Moving Average (EMA), currently around...
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Brent Oil Price Forecast – March 14, 2025
Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier,...
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Ethereum (ETHUSD) Price Forecast – March 14, 2025
Ethereum (ETHUSD) maintains a bullish stance, edging closer to the key resistance level of $1,915. This level,...
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Macro Funds Give Up Early Gains Amidst Mixed Hedge Fund Performance in February
February was a month of mixed performance for hedge funds, with volatility proving to be both a...
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EU Commissioner aims to present stability pact reform after summer
TRENTO, Italy (Reuters) - EU Economic Commissioner Paolo Gentiloni aims to present a reform of the eurozone stability pact after the summer, adding the...
Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring
SAN FRANCISCO (Reuters) - Tesla (NASDAQ:TSLA) chief executive Elon Musk said he had a "super bad feeling" about the economy and that the electric...
Biden says ‘Enough!’ on gun violence, demands action from Congress
By Steve Holland and Jeff Mason WASHINGTON (Reuters) -Declaring "Enough, enough!" U.S. President Joe Biden on Thursday called on Congress to ban assault weapons, expand...
Dow Futures Rise After Snapping 2-day Losing Streak
U.S. stock futures lifted during Thursday’s evening deals, after major benchmark indices finished the regular session higher in choppy trade as investors remain wary...
U.S. NHC says Potential Tropical Cyclone One to become storm by late Friday
(Reuters) - Potential Tropical Cyclone One is expected to become a tropical depression on Friday and a tropical storm later in the day or...
GameStop quarterly revenue beats estimates on higher demand for video games
(Reuters) -GameStop Corp reported first-quarter revenue that exceeded market expectations on Wednesday, as the video game retailer pivots toward a more online-focused model amid...