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Trade tensions and a weakened dollar have driven gold prices near record highs, with investors seeking safe haven assets amid market volatility.
Published on: January 24, 2025, 05:06 PM UTC
Trump Executive Order Halts Global Minimum Tax Pact, Potentially Saving Big Tech from Tax Hike
Published on: January 24, 2025, 05:05 PM UTC
Allurion Technologies to Test Gastric Balloon with GLP-1 Drugs to Improve Muscle Mass and Body Composition in Patients
Published on: January 24, 2025, 05:04 PM UTC
The world's largest stock market is on track for its best start for a new US president since Ronald Reagan in 1985. Equities are hovering near all-time highs, with the S&P 500 up 2% this week. The dollar is poised for its biggest weekly drop since July 2023, and the MOVE Index of expected Treasury volatility is at its lowest since mid-December. While US equities may be more volatile this year due to concerns about AI investment spending, tariffs, and interest rates, any dip is likely to be a buying opportunity.
Published on: January 24, 2025, 05:04 PM UTC
Euro Gains as Rate-Cut Bets Fade, Trade Tariffs Seen as Less Imminent
Published on: January 24, 2025, 05:04 PM UTC
Novo Nordisk's stock surged on news of favorable results for its new weight-loss drug, amycretin, which could provide a boost to its obesity pipeline.
Published on: January 24, 2025, 05:04 PM UTC
US stocks wavered on Friday, with the Dow falling 0.2% and the S&P 500 slipping below the flat line after hitting a record high on Thursday. Despite the recent rally, investors remain cautious as they weigh Trump's hints at a softer stance on China tariffs and the upcoming earnings season.
Published on: January 24, 2025, 05:03 PM UTC
A strong dollar benefits US airlines, as it makes travel to Europe more affordable. All major airlines, including United, Delta, and American, are seeing record revenues and posting all-time highs. The increased demand for trans-Atlantic travel is also having an impact on seasonality, with Europe becoming less of a seasonal spot and more of a year-round destination.
Published on: January 24, 2025, 05:03 PM UTC
US Manufacturing Outlook Improves with Trump's Policies: PMI Hits 7-Month High
Published on: January 24, 2025, 05:02 PM UTC
Tesla Model Y now available with updated exterior and interior, new suspension tuning and more
Published on: January 24, 2025, 05:02 PM UTC