Bitcoin had a challenging time staging a sustained recovery since the August 5 pullback, restricted by uncertainty around macroeconomic factors, the Federal Reserve’s policy path, and the forthcoming presidential election…
Latest News
-
-
By Scott DiSavino (Reuters) -Oil prices dipped on Tuesday, hovering near a two-week low as Middle East supply concerns eased after Israel accepted a proposal to tackle disagreements blocking a…
-
By Anushree Ashish Mukherjee (Reuters) – Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence…
-
By Jamie McGeever ORLANDO, Florida (Reuters) – Bond investors are by default pessimists and equity investors are naturally optimistic. But this market maxim doesn’t fully explain the seemingly wide chasm…
-
Economy News
Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
(Reuters) – Wells Fargo will sell its non-agency third-party Commercial Mortgage Servicing business to global commercial real estate loan services provider Trimont, the companies said on Tuesday. The move comes…
-
By Edwin Okoth NAIROBI (Reuters) – In eight years of working as a taxi driver in Kenya’s capital, Judith Chepkwony has never seen business this bad. A bruising price war…
-
By Stefano Rebaudo (Reuters) -The dollar hit a fresh seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell due on Friday, which could provide…
-
By Sabrina Valle (Reuters) – An arbitration panel that will decide a high-profile clash between Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) will delve into the secret value of Hess (NYSE:HES)’…
-
Citi analysts told investors in a note Tuesday that they are buyers of Udemy, projecting a potential upside of over 100% from current levels. Despite recent challenges, Citi maintains a…
-
By Noel Randewich (Reuters) – The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is…