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Italy Seeks $13 Million From Elon Musk's X Over Tax Probe

Italy seeks $13 million from Elon Musk's X in tax probe, mirroring Meta case.

Gold Slips as Investors Lock in Profits, Haven Demand Remains

Gold slips as investors book profits, with prices still supported by hopes for a Fed rate cut and haven demand amid trade and geopolitical uncertainty.

US Consumer Sentiment Sours on Inflation Worries

American consumers' economic outlook dimmed in February, with inflation expectations reaching their highest levels since late 2023 due to concerns over Trump's trade policies. The University of Michigan's consumer sentiment survey showed a 10% decline, with inflation expectations jumping to 4.3% and long-run expectations reaching their highest point since 1995.

Nvidia's Star May Be Fading

Nvidia's quarterly results may not hold as much sway over the S&P 500 as in the past, as the market broadens and other stocks contribute more to gains.

Indian Pharma Firms to Stay Competitive in US Despite Tariff Threats

Indian pharmaceutical companies are confident they can retain their dominance in the U.S. generic drug market despite potential tariffs due to their competitiveness.

U.S. Stock Futures Flat After Trump Tariff Threats, Fed Outlook

U.S. stock futures flat after retail earnings, tariff, Fed concerns

Euro-Area Growth Stagnates Amid Weak Services, Manufacturing Rebound

Eurozone business activity barely expanded in February, as a mild recovery in the services sector failed to fully offset a deepening downturn in manufacturing.

SEC Approves First Interest-Bearing Stablecoin in U.S.

First interest-bearing stablecoin approved in the U.S., offering 3.85% yield to verified holders through SEC oversight on the Provenance Blockchain.

Indonesia to Sell Bonds With Central Bank Pledge to Purchase

Indonesia to Sell Bonds for Housing, Central Bank to Buy Debt

Russian Ruble Surges as US-Russia Relations Warm

The Russian ruble has strengthened against the US dollar after a shift in US policy toward Russia under President Donald Trump.