Apollo Global Management is close to finalising a roughly $3.4 billion loan to an investment vehicle that plans to purchase Nvidia chips and lease them to Elon Musk-led artificial intelligence …
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Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also surged more than 6% to trade around …
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Politics
Ghislaine Maxwell pleads Fifth Amendment, dodges questions in House Oversight Epstein probe
by adminby adminThe House Oversight Committee’s deposition of Ghislaine Maxwell ended less than an hour after it began on Monday morning, when the convicted accomplice of the late Jeffrey Epstein pleaded the …
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Politics
GOP accelerates Trump judge confirmations as pressure builds to kill Senate blue slip
by adminby adminSenate Republicans confirmed half a dozen of President Donald Trump’s judicial nominees last week, continuing a quick pace to green-light as many of his picks as possible. While the Senate …
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Business
Inflation double feature: two data prints that could rewrite market rate-cut fantasy
by adminby adminWall Street’s favourite macro assumption that inflation will cool “enough” to let the Federal Reserve cut rates on a predictable timetable faces a real stress test in the coming weeks. …
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The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its …
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Boeing stock price has pulled back in the past few weeks, moving from the year-to-date high of $254 to the current $236. Still, the company has some potential catalysts that …
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Affirm stock price continued its recent downward trend after the company published its financial results on Thursday. AFRM moved to a low of $56, down by 40% from its highest …
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Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor names. Apple, however, has emerged as a rare …
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The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its …