What an end to the Russia-Ukraine war could look like
Two and a half years of war have reshaped Europe’s security map, altered trade flows, and reminded us how influential sanctions can be.The latest developments in the Russia-Ukraine war are…
Economy
1513 posts
How Bitcoin helped Steak ‘n Shake beat McDonald’s and Domino’s in sales
US fast-food chain Steak ‘n Shake has credited its embrace of Bitcoin for a 10.7% same-store sales increase in the second quarter, outpacing major competitors and bucking broader industry trends.…
Inside the July CPI: why one number could tilt the Fed, yields, and dollar in hours
The July Consumer Price Index (CPI) release is expected to land within a narrow range of forecasts. Yet a single decimal point in the core inflation figure could trigger sharp…
UK job market shows signs of recovery, rate cuts still possible, says ING
The UK job market is showing signs of a potential turnaround, with a recent, more modest decline in payroll employment hinting that the most severe impacts of significant tax increases…
Nvidia, AMD to share 15% of China AI chip revenues with US govt: report
Nvidia Corp and Advanced Micro Devices Inc (AMD) have agreed to pay 15% of revenues from their Chinese artificial intelligence chip sales to the US government in exchange for export…
SBI shares rise as Q1 profit beats estimates; analysts lift targets
Shares of State Bank of India (SBI) gained more than 2.2% during early trading on Monday after the country’s largest lender reported better-than-expected June quarter earnings. The stock opened at…
Gold slips more than 1% on easing safe-haven appeal; analysts warn of further downside
Gold prices fell more than 1% on Monday on easing safe-haven appeal for the precious metal. “The sharp intraday fall is sponsored by a positive risk tone, which tends to undermine…
Orsted shares plunge 27% as US wind project sale collapses, $9.4B rights issue announced
Shares in Orsted sank more than 27% on Monday, nearing an all-time low, after the Danish renewable-energy group scrapped plans to sell a stake in a key US offshore wind…
JPMorgan sees Fed cutting rates 5 times starting in September
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…
Decoding US gold bar tariff twist: how customs ruling jolted global bullion markets
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…