Market

Argentine President Javier Milei fires ambassador Sonia Cavallo, daughter of economist Domingo Cavallo, following critical blog post about currency policy.

Published on: February 10, 2025, 09:04 PM UTC

Wall Street banks are planning to capitalize on crypto industry growth fueled by President Trump's support, with Morgan Stanley, Bank of America, and Royal Bank of Canada eyeing IPOs and equity offerings.

Published on: February 10, 2025, 09:04 PM UTC

President Trump's trade actions this week will focus on steel, aluminum, and reciprocal tariffs. New duties on steel and aluminum will be announced today, and reciprocal tariffs designed to equalize global trade are set for Tuesday or Wednesday. The moves come amid an ongoing trade war with China and potential tariffs on Canada and Mexico.

Published on: February 10, 2025, 09:04 PM UTC

US trade war tariffs could shock the economy with stagflation, says prominent economist.

Published on: February 10, 2025, 09:03 PM UTC

Gold surges above $2,900 as tariff threats escalate, with analysts remaining bullish. Wall Street experts recommend a 5% portfolio allocation to gold for hedging and diversification. Amidst geopolitical tensions and inflation concerns, central banks continue to increase gold purchases. Demand for physical-backed gold ETFs has risen due to the Federal Reserve's rate cuts, pushing gold prices year-to-date up by nearly 10%.

Published on: February 10, 2025, 09:03 PM UTC

Rivian Opens Up Commercial Van Orders, Expanding EV Business Opportunity

Published on: February 10, 2025, 09:02 PM UTC

The Magnificent Seven tech stocks have underwhelmed in 2025, with only Meta posting double-digit gains. Tesla is the worst performer, down 6% due to weak sales and tariff concerns. Big Tech's massive capital expenditure plans for AI infrastructure have raised concerns about profit margins, leading to weakness in the Mag Seven and potentially the broader market.

Published on: February 10, 2025, 09:02 PM UTC

US stocks rebounded as investors brush off latest tariff threats from President Trump. Markets expect further announcements from Trump this week.

Published on: February 10, 2025, 09:02 PM UTC

Stocks rebounded Monday, led by technology, as investors shrugged off concerns over inflation and US tariff threats. The Nasdaq 100 surged over 1%, while the S&P 500 and Dow Jones Industrial Average also gained. The dollar strengthened and gold hit a record high. Keep an eye on inflation data and Fed Chair Jerome Powell's testimony this week.

Published on: February 10, 2025, 09:01 PM UTC

US bond investors react to President Trump's remarks on investigating Treasury debt payments for fraud. Market participants speculate on possible debt reduction or disruption, but analysts believe imminent payment disruptions are unlikely.

Published on: February 10, 2025, 09:00 PM UTC