EU Leaders to Send 'Clear Message' to Trump on Ukraine

Forex - European Union leaders aim to send a "clear signal" of continued support for Ukraine to elected U.S. President Donald Trump at their summit today.

Durin...

Fed's Message to Slow Down Interest Rate Cuts Shakes Wall Street

Forex - The announcement by Fed Chair Powell that they will be moving more slowly and cautiously regarding future interest rate cuts shook Wall Street and led to ...

Apple in Talks with Tencent and ByteDance to Launch AI Features in China

Apple (NASDAQ:AAPL) is in discussions with Tencent and ByteDance, the owner of TikTok, to integrate artificial intelligence models into iPhones sold in China. Sou...

Mortgage Rates Rise in China for the First Time Since 2021

According to new data from research firm Data Motion International Trading Pte, Chinese banks have increased the costs of mortgage loans for the first time in thr...

El Salvador Reverses Decision to Make Bitcoin Legal Tender Amidst IMF Loan Negotiations

The government of El Salvador, led by President Nayib Bukele, has agreed to withdraw its ambitious plan to accept Bitcoin as legal tender in order to secure a $1....

TANKER REPORT - Bosphorus Strait Closed to Transit Due to Fog

Due to reduced visibility caused by fog, the Bosphorus Strait has been closed to transit traffic. According to information received, fog has occurred around the B...

Trump Opposes Spending Deal to Prevent Federal Government Shutdown

Forex - President-elect Donald Trump opposed the government funding bill backed by Republicans, aligning himself with Elon Musk's fight against the package, there...

Nippon Steel's Bid for U.S. Steel May Be Blocked by President Biden

Investing.com -- Based on a letter reviewed by sources, Nippon Steel's $14.9 billion acquisition bid for U.S. Steel did not receive approval from the U.S. Committ...

Saudi Arabia's Central Bank Cuts Interest Rate by 25 Basis Points

The Saudi Arabian Monetary Authority (SAMA) has reduced the benchmark repo and reverse repo interest rates by 25 basis points. According to the announcement from ...

Gold Prices Decline After Fed's Interest Rate Decision and Projections

Despite the expected 25 basis point cut in interest rates at today's FOMC meeting, spot gold prices have declined. The decrease in spot gold prices was influenced...

Qatar Central Bank Cuts Interest Rate by 30 Basis Points

Forex - The Qatar Central Bank (QCB) has reduced the policy interest rate by 30 basis points. According to a statement from the QCB, the benchmark repo rate has b...

UAE Central Bank Cuts Interest Rates by 25 Basis Points

Forex - The Central Bank of the United Arab Emirates (CBUAE) has lowered the policy interest rate by 25 basis points. According to the announcement from CBUAE, th...

Cleveland Fed President Casts Vote to Keep Interest Rates Steady at FOMC Meeting

Cleveland Fed President Beth Hammack opposed the Federal Reserve's decision to cut interest rates by a quarter point, expressing a preference to maintain rates be...

Bahrain Central Bank Cuts Interest Rate by 25 Basis Points

Forex - The Central Bank of Bahrain (CBB) has reduced its policy interest rate by 25 basis points. According to a statement from the CBB, the overnight deposit ra...

Fed Cuts Interest Rates Again, but Signals More Doubt Ahead

Forex - The Fed has once again lowered interest rates. It accepted a reduction of a quarter of a point but showed more signs of skepticism regarding how much and ...

Fed Officials Upgrade Growth Forecasts for This Year and Next

Forex - Federal Reserve officials have revised their growth expectations upward for this year and the next; while the median interest rate forecast remains unchan...

Fed Reveals Interest Rate Decision

The Federal Reserve has announced its interest rate decision. A 25 basis point reduction in the interest rate has been implemented, with the federal funds rate lo...

Spain Investigates Airbnb Over Unregulated Rental Offers

Spain has launched an investigation into the popular home-sharing platform Airbnb for failing to remove thousands of rental listings. This move is part of an effo...

MTA Approves $20 Billion Budget Featuring Wage Increases for 2025

Investing.com -- The Metropolitan Transportation Authority (MTA), the largest public transportation provider in the U.S., has approved an operating budget of appr...

Ford Motor Appoints New Quality Chief to Address Quality Issues

Investing.com -- Ford Motor confirmed on Wednesday that it will appoint a new quality chief. This change is part of Ford's efforts to improve its recall record an...

Response from the Air Force Secretary to SpaceX's Security Concerns

On Tuesday, Secretary of the Air Force Frank Kendall responded to concerns raised by Democratic senators regarding Elon Musk’s reported discussions with Russian l...