The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers on an interest rate cut this month. Bloomberg | Bloomberg | Getty Images New Delhi’s bid to attract foreign funds through a special scheme has helped power $73 billion in inflows in the last 11 weeks, driven…
Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture. Yields on the 10-year Treasury note — the key benchmark for mortgages, auto loans and credit card debt — were flat at at 4.7021%. The longer-dated 30-year Treasury note yield was also unchanged at 5.2297%. The yield…
General atmosphere at the 2025 Icons of Porsche Festival at The Slab on November 22, 2025 in Dubai, United Arab Emirates. Maya Cellixa | Getty Images Porsche has signed a five-year contract worth 1.25 billion euros ($1.46 billion) for artificial intelligence with India’s largest IT services firm, Tata Consultancy Services. As part of the deal,…
A man holds the Iranian toman equivalent of 1 USD as US dollars selling rate on the free market reaches an all-time high, hitting the 200,000 toman mark in Tehran, Iran on Aug. 24, 2026. Fatemeh Bahrami | Anadolu | Getty Images The U.S. announced an “economic D-Day” campaign Monday to isolate Iran from the…
CHANGZHOU, JIANGSU, CHINA – 2026/05/05: XPENG’s showroom at Jiangnan Global Harbor displays two XPENG electric cars behind glass, with a staff member inside. (Photo by Sheldon Cooper/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of Chinese electric vehicle maker Xpeng fell more than 9% in Hong Kong on Tuesday after the…
Bitcoin closed in on the $80,000 mark on Tuesday, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency’s recent rally. The flagship cryptocurrency jumped 3.1% to $79,739. The latest move extends a sharp rally that began last week, when bitcoin surged more than 20% in three days, its biggest three-day…
Gold pure gold bar models captured in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images Gold prices on Tuesday rose to their highest in more than three months, supported by a weaker U.S. dollar and as the U.S. Treasury’s bond buyback plans keep the lid on yields. Spot gold gained…
Los Angeles Dodgers chairman Mark Walter during a press conference at Dodger Stadium in Los Angeles, March 25, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images TWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are…
David Ellison — the founder of a film production company and son of billionaire Larry Ellison — has been at the helm of Paramount Skydance for just over a year. He’s been fighting to acquire Warner Bros. Discovery for nearly as long. The latest roadblock in his path, a group of state attorneys general seeking…
A detailed view of a hand holding a Fanduel Sports Network branded microphone during an interview after the Detroit Pistons defeated the Boston Celtics at Little Caesars Arena on February 26, 2025 in Detroit, Michigan. Nic Antaya | Getty Images Main Street Sports, the now-defunct owner of a portfolio of regional sports networks, is suing…
