Economy

The Biden administration is considering implementing country-specific caps on the export of advanced artificial intelligence (AI) chips produced by companies like Nvidia and Advanced Micro Devices (AMD). This potential policy,…

The International Monetary Fund (IMF) announced on Tuesday that global public debt is expected to surpass the $100 trillion mark this year for the first time. This increase may be…

The US dollar on Tuesday reached a peak not seen in over two months against several major currencies, driven by increasing speculation that the Federal Reserve will implement moderate rate…

Gold prices extended their losses on Tuesday as a strong dollar against a basket of major currencies dented demand for the precious metal.  A stronger dollar makes commodities priced in…

Investors are currently focused on defensive trades, missing out on the strength of the economy, according to a report from Morgan Stanley. The firm has identified significant opportunities in underappreciated…

The S&P 500 and Dow Jones Industrial Average surged to new highs on Friday, buoyed by strong earnings reports from major banks, kicking off a positive start to the third-quarter…

The fundamentals in the copper market suggest upward pressure for copper prices for the remainder of 2024.  Copper is a versatile metal, which is used in electrical wiring to renewable…

Investors are eagerly awaiting new policies from Beijing this weekend, hoping they will help revive the country’s economy. China’s Finance Minister Lan Fo’an is scheduled to hold a press conference…

Crude oil prices retreated on Friday, but are still on course for a second straight week of gains as supply disruptions in the US and geopolitical tensions buoyed sentiments.  Oil…