US stocks swung sharply on Wednesday amid escalating speculation that President Donald Trump was preparing to fire Federal Reserve Chair Jerome Powell. The move raised alarms about the central bank’s…

The gold rally, having reached a record high above $3,500 per ounce in April, has since stalled and requires a new catalyst to drive further gains.Despite recent sluggishness, the price…

Much of China experienced extremely hot weather, causing a record-breaking surge in electricity use, exceeding 1.5 billion kilowatts, according to a Reuters report.Authorities face a significant challenge as an arc…

A significant upward revision to May’s payroll figures, coupled with Wednesday’s hotter-than-expected inflation data, is easing the pressure on the Bank of England to implement rapid rate cuts. While cuts are…