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4 mins read
Gold prices hit record high, could reach ₹78,000 per 10 grams in coming weeks
Gold prices reached a historic high on September 24, driven by global economic conditions and geopo…
1 min read
Gold price hits an all-time high as bets on rate cuts and a Trump win fuel the precious metal
Gold climbed past its all-time record, reaching over $2,465 on Tuesday. Investors are buying the me…
Filip De Mott
2 mins read
Stock market today: Indexes rise as stocks whipsaw after inflation-fueled decline
The Dow erased a 600 point loss and the Nasdaq ended more than 2% higher as CPI sent investors on a…
Jennifer Sor
1 min read
The AI boom is turning traditional economics on its head as tech giants boost spending despite high interest rates
The effect of tighter monetary policy from the Fed has been "much weaker than usual," Apollo econom…
Matthew Fox
2 mins read
Obama says Harris would make the economy fairer as president — while Trump would help his rich friends
Barack Obama said Kamala Harris would widen access to good jobs, schools, and housing, while Donald…
Theron Mohamed
1 min read
China's economy is still stuck in low gear
China's economy continues to face headwinds from a slowing real estate sector, with property invest…
Kelly Cloonan
6 mins read
US flight prices are over $200 cheaper than they were 30 years ago when adjusting for inflation. Here's why it doesn't feel like it.
Americans think flying is too expensive, but we're actually living in the "golden age of cheap flig…
Jacob Zinkula,Madison Hoff
3 mins read
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…
Theron Mohamed
1 min read
Russia's oil revenue has plunged as global crude prices tumble
Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…
Jennifer Sor
2 mins read
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says
Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UB…
Jennifer Sor
2 mins read
India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report
The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…
ANI
1 min read
Falling gas prices are yet another blow to the Trump campaign
Trump has made high gas prices under Harris and Biden a cornerstone of his campaign. One problem: G…
Katie Balevic
2 mins read
Why an emergency rate cut would be a mistake for the Fed, according to Mohamed El-Erian
The Fed shouldn't let itself be "bullied" by markets, top economist Mohamed El-Erian said in a Bloo…
Jennifer Sor
3 mins read
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
2 mins read
Russia's war pushed Europe to a tipping point on wind and solar
Wind and solar generated more EU electricity than fossil fuels in the first half of the year for th…
Catherine Boudreau
2 mins read
Russia's war pushed Europe to a tipping point on wind and solar
Wind and solar generated more EU electricity than fossil fuels in the first half of the year for th…
Catherine Boudreau
2 mins read
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…
Huileng Tan
2 mins read
Stock market today: Indexes end mixed as weak job openings fuel jitters ahead of August payroll report
There were 7.67 million job openings in July, the lowest number in over three years, according to d…
Jennifer Sor
2 mins read
Escalation in Middle East crisis could fuel international gold prices to USD 2,500
Even as international gold prices fell relatively on Monday with relative ease in geopolitical tens…
ANI
2 mins read
Oil prices aren't the Fed's biggest problem right now — American demand is, says an economist
The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an econom…