Economy & Markets
ECB Raises Rates for First Time Since 2023 as War and Inflation Spike
The European Central Bank announced a 25 basis‑point increase on Tuesday, ending a three‑year streak of steady rates. At 2.75%…
Gold Price Slides Again as Rate‑Hike Fears Mount
At 0900 GMT on Tuesday, spot gold was quoted at $2,014 per ounce, down 0.6% from the previous day and…
Wall Street Rockets Higher on SpaceX Debut
At 9:45 a.m. ET, the Nasdaq ticked up 1.2% after SpaceX’s shares surged 13% on its market debut, propelling Wall Street…
Dow climbs 350 points as Verizon and Goldman Sachs lift market
U.S. equities surged on Friday as the Dow Jones Industrial Average rose 350 points, or about 1.1%, bolstered by solid…
Dow Jones and S&P 500 Futures Rise as Investors Brush Off Trump’s Iran Threats
Dow Jones and S&P 500 futures edged higher on Thursday, gaining roughly 0.4% and 0.3% respectively, as traders shrugged off…
Zimbabwe Moves Crypto Sector Into Formal Economy Amid Push for Fiscal Growth
Harare — Zimbabwe’s Ministry of Finance announced on Tuesday that the country’s burgeoning cryptocurrency industry will be brought under formal…
United Nations Passes Landmark Convention Safeguarding Gig Economy Workers
New York (UN) — In a decisive move, the United Nations General Assembly adopted a convention on Thursday that seeks…
Verizon and JPMorgan Chase Boost Dow as Index Leaps 225 Points
Wall Street closed higher on Tuesday, with the Dow Jones Industrial Average jumping 225 points (0.7%) to finish at 35,842,…
U.S. equities rise 0.7% as Dow, S&P 500 and Nasdaq climb; SpaceX valued at $2.1 trillion
U.S. stock markets posted modest gains this week, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq…
Trump’s Economic Record Fuels Struggle for GOP Ahead of Midterms
Republican leaders are confronting a growing political headwind as recent data reveal that the economy during Donald Trump’s tenure performed…