Economy

JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025. The bank’s economists see as many as four…

The US government stirred up quite a bit of chaos in the global gold market recently by suggesting that some gold bars, like the one-kilogram and 100-ounce bullion bars, might…

US stocks gained on Friday, setting the three major indexes on course to finish the week higher.The Dow Jones Industrial Average rose 139 points, or 0.3%, while the S&P 500…

Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable medium-sour crude to capture a larger share of the Asian oil market.Independent Chinese…

Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned that sales would deteriorate further this quarter and that tariff-related…

The Trump administration is preparing to launch initial public offerings for mortgage finance giants Fannie Mae and Freddie Mac later this year, in a move that could mark one of…

The stock market’s recent rally may be nearing a pause as signs of slowing US economic growth emerge, according to Andrew Garthwaite, chief global equity strategist at UBS. The strategist…

Gold prices may reach new peaks, driven by potential US Federal Reserve rate cuts, ongoing central bank acquisitions, and increased ETF investments, according to ING Group.The bank has revised upwards…

Higher prices dampened physical gold demand in major Asian centres this week, while also prompting some investors to sell off their holdings.“Buyers aren’t keen on picking up gold at these…