The global stock market is going down today, Nov. 21, mirroring the performance of American shares on Thursday. In Europe, the German DAX, French CAC 40, and the British FTSE 100 fell by over 0.60%. The closely-watched Stoxx 50 Index dropped by over 1%, with most of its constituent companies being in the red. The […]
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President Donald Trump is continuing to advocate for the Senate GOP to nix the filibuster. In a Monday Truth Social post, the president shared a video featuring clips of former Attorney General Eric Holder, who opined that if Democrats win a ‘trifecta’ in the 2028 elections, the prospect of expanding the Supreme Court should be […]
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Global markets opened the week with a wave of developments spanning technology, cryptocurrencies, and geopolitics. Google advanced its artificial intelligence ambitions with new efforts to expand the reach of its custom chips, while Bitcoin and major altcoins rallied on increasing confidence that the Federal Reserve will cut interest rates in December. At the same time, […]
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President Donald Trump on Sunday defended Secretary of War Pete Hegseth over allegations he ordered a second strike on a Venezuelan drug boat, saying he believes Hegseth’s denial and would not have supported a follow-up attack if it happened. The exchange came during a gaggle aboard Air Force One as reporters pressed Trump on claims […]
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Investing.com — The Philippine peso is approaching a record low as the country’s central bank, Bangko Sentral ng Pilipinas (BSP), plans further interest rate cuts amid slowing economic growth. The BSP’s next decision is expected on February 13. According to Bloomberg News, financial institutions such as Goldman Sachs Group Inc (NYSE:GS)., Barclays (LON:BARC) Plc, and […]
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The United States has reversed its hefty tariffs on Brazilian food products, marking a major shift in how the White House is handling trade at a time when food costs continue to squeeze households. The 40% duties, imposed in July to pressure Brazil over actions linked to the prosecution of former president Jair Bolsonaro, had […]
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More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the company. The strike was intended to disrupt Starbucks’ Red Cup Day, which is typically one of the company’s busiest days of the year. Since 2018, Starbucks has given out free, […]
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Institutional exit is among the reasons behind today’s continued sell-offs in the digital currency market. The turmoil coincides with substantial uncertainty in crypto ETFs, with the products delivering what seems to be an upside-down performance. Market movers Bitcoin and Ethereum battled massive selling momentum, while Solana and XRP attracted fresh funds, likely as the latest […]
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Tesla’s electric vehicle (EV) sales in Europe plummeted by nearly half in April, underlining the growing challenges the company faces in one of the world’s key automotive markets. Tesla sold 7,261 vehicles in Europe in April, marking a 49% decline compared to the same month last year, according to the European Automobile Manufacturers’ Association (ACEA). […]
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Investing.com — The British pound may see a boost if U.K. Treasury chief Rachel Reeves’ speech about potential new measures to stimulate economic growth is favorably received. This prediction comes from analysts at Monex Europe, who shared their thoughts in a recent note, the Wall Street Journal reported. Reeves is slated to reveal a series […]
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