Today: 5. Nov, 2024
As Wall Street anticipates a week teeming with crucial economic updates, early trading saw a slight retreat. The S&P 500 dipped by 0.3% on Monday morning, accompanied by the Dow’s 33-point fall and the Nasdaq composite’s 0.4% decrease. With upcoming reports on…
In a move that marks a significant shift in the security landscape of Europe, Russia has formally ceased its participation in the Treaty on Conventional Armed Forces in Europe (CFE), a cornerstone agreement set during the post-Cold War era to limit military…
Asian shares experienced an upswing on Wednesday following Wall Street’s gains, as investors eagerly anticipate the Federal Reserve’s decision on interest rates and updates on the U.S. economy’s current state. “The overwhelming expectation is that the Fed will keep its overnight interest…
Amid growing concerns about the opioid crisis, the US has taken decisive action by sanctioning 25 China-based entities and individuals believed to be pivotal in producing chemicals essential for fentanyl. A potent opioid, fentanyl, has been at the center of the US…
In a surprising twist this year, gold, the time-tested refuge for wary investors, is experiencing a downturn. With prices settling at their lowest since March, $1,831.80 per troy ounce, many are speculating about the future role of this precious metal in the…
In Klishchiivka, eastern Ukraine, a Ukrainian soldier sprints across the battleground, dodging the echoes of gunshots and artillery explosions. His weapon of choice was the American M16 rifle. Alongside him, fellow soldiers equipped with weaponry from various nations are pushing back Russian…
SpaceX, helmed by Elon Musk, has initiated a legal action against the U.S. Department of Justice in a Texas federal jurisdiction, contending the unconstitutionality of the DOJ’s allegations of hiring bias. This legal move by SpaceX follows the recent lawsuit by the…
The former head of the S&P Sovereign Rating Committee feels the U.S. is in a more precarious position than in 2011 when the agency reduced its credit rating. The looming threat of a government shutdown is again on the horizon for the…
Investors are in a heightened state of unease. The Fear and Greed Index from CNN, which monitors seven market sentiment indicators in the US, slid into a zone of “profound apprehension” this past Thursday. This sentiment hasn’t been seen since last March…
Wall Street experienced an uptick, spurred by numerous reports implying that the U.S. economy remains robust despite looming inflation concerns. By 12:18 p.m. Eastern time, the S&P 500 had advanced by 0.8%, while the Dow Jones had gained 310 points or 0.9%,…
