Economic Report

Gold prices eased on Friday after briefly breaking above the $4,000-per-ounce mark for the second time this week, as renewed trade tensions between the United States and China triggered a wave of risk aversion. The rally was sparked by U.S. President Donald Trump’s warning that Washington could impose new tariffs …

West Texas Intermediate (WTI) crude oil plunged below $60 per barrel in a stunning one-day collapse, erasing weeks of cautious optimism in global energy markets. The sharp 4% drop, its steepest since June, followed renewed fears of a U.S.–China trade confrontation after President Donald Trump reignited tariff threats. What began …

U.S. markets opened higher on Friday as investors reacted to a preliminary boost in consumer confidence, even as the government shutdown stretches into a second week. Futures for the Dow, S&P 500, and Nasdaq 100 all showed modest gains, reflecting a cautious but resilient mood among traders who continue to …

Renewed tensions between US President Donald Trump and Chinese counterpart Xi Jinping have unsettled global markets, reviving fears of a prolonged economic standoff between the world’s two largest economies. Trump’s latest warning of a “massive tariff escalation” against Chinese exports coincided with Beijing’s decision to tighten controls on rare earth …

A Shockwave Through MarketsThe renewed tariff threats from Washington have reignited fears of a trade confrontation that many thought was behind us. When U.S. President Donald Trump announced the possibility of a “massive increase” in tariffs on Chinese imports, global markets reacted swiftly. The U.S. Dollar Index slipped below 99.00, …

PepsiCo’s latest earnings results reveal more than just solid numbers — they expose the fault lines shaping the modern consumer economy. The company’s better-than-expected quarterly earnings, fueled by international growth, underscore a sharp contrast with slowing North American demand. Beneath the surface, the figures point to a wider recalibration in …

U.S. stock index futures edged slightly higher on Friday, signaling a rebound after Thursday’s pause, as investors refocused on the powerful artificial intelligence momentum that has underpinned markets throughout the year. Optimism around sustained AI-related investment, coupled with expectations of Federal Reserve rate cuts, continued to bolster market sentiment despite …

In a week marked by mixed messages from top Federal Reserve officials, global currency markets turned their focus to the evolving tug-of-war inside the U.S. central bank. While Governor Michael Barr urged caution against rushing into further rate cuts, Mary Daly, President of the San Francisco Fed, struck a more …

In a move that shook the crypto world, Bitcoin dropped about 2% by the end of Thursday’s trading after reaching record highs. The decline followed profit-taking and a surprising action by one of the market’s biggest investors — a so-called “Bitcoin whale” — who opened one of the largest short …

In a move that underscores deepening technological ties, the United States has approved several billion dollars’ worth of Nvidia chip exports to the United Arab Emirates. The licenses were issued by the Commerce Department’s Bureau of Industry and Security as part of a bilateral artificial intelligence agreement concluded earlier this …