Crude oil prices edged lower on Friday, capping a choppy week that still saw both major benchmarks post modest weekly gains. West Texas Intermediate (WTI) crude settled at $61.44 per barrel, down 0.49% on the day, while Brent crude closed at $65.84 per barrel, slipping 0.17% during North American trading …

Bitcoin extended its rebound on Friday, climbing near $111,000 and heading for a solid weekly gain, as signs of easing trade tensions between the United States and China and softer U.S. inflation data boosted investor sentiment.The world’s largest cryptocurrency rose about 1%, marking a 2% weekly increase after two weeks …

U.S. stocks roared to fresh record highs on Friday as investors cheered softer inflation data that bolstered expectations for further interest rate cuts by the Federal Reserve. The rally marked a powerful vote of confidence in the U.S. economy’s resilience and capped one of the strongest weeks for Wall Street …

U.S. inflation crept slightly higher in September, signaling renewed price pressures across key sectors even as the economy grapples with the prolonged government shutdown. The Consumer Price Index (CPI) rose 3 percent from a year earlier, marking a modest acceleration from August’s 2.9 percent gain. The report, delayed by ten …

The U.S. dollar extended its winning streak against the Japanese yen on Friday, buoyed by robust business activity data that overshadowed signs of softer inflation. The USD/JPY pair climbed for the sixth consecutive session, trading near 152.80 as investors favored the greenback amid growing optimism about the strength of the …

The founder of Binance, Changpeng Zhao, has been granted a presidential pardon, sparking debate over the intersection of cryptocurrency regulation and political intervention. Zhao, who pleaded guilty to a money laundering charge in 2023, was sentenced to four months in prison but has now been released from legal consequences through …

The Japanese yen has come under pressure against the U.S. dollar, extending its slide to reach levels not seen in over a week. Investors are closely watching Japan’s economic policy under the new administration, alongside upcoming U.S. inflation data, as both factors weigh heavily on currency markets. Recent data from …

Wall Street closed Thursday with modest gains as the third-quarter earnings season gathered momentum, showcasing a mixed bag of corporate results that continue to shape investor sentiment. Intel emerged as the standout performer, while other major companies, including Tesla, Netflix, General Motors, and Ford, released results that highlighted both strength …

The United States is preparing to launch a formal investigation into China’s adherence to the trade agreement signed in 2020, raising tensions between the world’s two largest economies just days before a high-profile meeting between their leaders. The move could open the door to new tariffs on Chinese imports, although …

After weeks of silence on key economic data, Americans will get a rare peek into the state of inflation this Friday, as the federal government releases the September Consumer Price Index (CPI). The government shutdown has created an unusual blackout of critical economic reports, leaving policymakers, businesses, and households navigating …