Economy

US consumer prices rose in October as expected, driven by higher shelter costs, including rents, indicating that the path toward lower inflation has slowed since mid-year. This could mean the…

The Dow Jones Industrial Average edged up on Wednesday as investors aimed to extend a post-election rally following an inflation report that met expectations. The blue-chip index rose by 258…

Following Donald Trump’s recent US election victory, Elon Musk’s support for the president-elect appears to have triggered a departure of some users from X, the popular social media platform he…

As the cryptocurrency industry looks to a potential Donald Trump-led US for clearer regulations and promises of global crypto dominance, the British government is preparing to outline its own plans…

Gold prices sank to a near two-month low on Thursday as an appreciating dollar weighed on the commodity complex after inflation in the US remained sticky.  The gold price drifted…

UBS Global Wealth Management, the world’s largest wealth manager with US$6.2 trillion in assets under management, has cut its forecast for Chinese equities due to rising concerns over potential US…

The UK economy has faced its share of ups and downs recently, with changes in unemployment, wage growth, and business sentiment shaping the outlook.  Yet, despite signs of a cooling…

President-elect Donald Trump announced on Tuesday that Tesla chief Elon Musk and former Republican presidential candidate Vivek Ramaswamy will head the newly created Department of Government Efficiency (DOGE). With this…

Gold prices continued to fall on Tuesday as a stronger dollar weighed on sentiments among investors.  A stronger dollar makes commodities priced in the greenback more expensive for overseas buyers,…