US stocks edged higher on Friday after the release of closely watched inflation data that met expectations and reinforced bets on further interest rate cuts from the Federal Reserve. The S&P 500 rose 0.2%, the Nasdaq Composite gained slightly, and the Dow Jones Industrial Average advanced 190 points, or 0.4%. The personal consumption expenditures price

The Royal Swedish Academy of Sciences announced the winners of the 2025 Nobel Prize in Economics on Monday. This year’s Nobel Prize in Economics will be awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking work on innovation-driven economic growth. The trio was honoured for their exceptional contribution to the field and

The Dow Jones Index plunged by almost 2% on Friday as geopolitical risks between the United States and China accelerated. It plunged to a low of $45,480 as we had predicted a few hours before that. This article explores some of the top catalysts that will move the Dow Jones and its ETFs like DIA.

Shares of Xiaomi Corp dropped as much as 8.7% to HK$47.5 on Monday, hitting their lowest level since April 30, after reports of a fatal crash involving one of its electric vehicles in China. The decline marked the steepest single-day drop since April before the stock pared some losses. Xiaomi was also the biggest percentage

Singapore’s Health Sciences Authority (HSA) has firmly rejected claims that paracetamol use during pregnancy causes autism in children, saying there is no scientific evidence to support such concerns. The clarification came after US President Donald Trump linked Tylenol, the best-selling acetaminophen brand in the US, to autism earlier this week. UK health officials also dismissed

The Federal Reserve’s preferred inflation gauge showed little progress in August, a trend that is expected to keep the central bank on course for upcoming interest rate cuts. The Commerce Department reported Friday that the core personal consumption expenditures (PCE) price index rose 2.9% from a year earlier, unchanged from July and in line with

Dow futures received a major bump on Monday as the US President indicated a softer stance of geopolitical tensions. Just hours before Wall Street is set to open, Dow futures are trading 450 points up. The futures tied to S&P 500 futures and Nasdaq-100 futures also displayed gains on Monday as they climbed 1.3% and

The London-based artificial intelligence company Wayve is in talks to raise as much as $2 billion from Microsoft and SoftBank, as per a Financial Times report. The discussions could see the company’s valuation rise to about $8 billion, the report said, citing sources, though a final figure has not yet been set. Founded in 2017,

After more than a year of high-stakes, globe-spanning negotiations, the long and tortured saga of TikTok’s American future is finally nearing its endgame. The United States and China are on the verge of an agreement to hive off the social media giant’s US operations to a new, American-controlled consortium in a deal that will reshape

MP Materials ‘ stock price has been in a strong uptrend this year and is now trading at the highest level on record as investors focus on the ongoing demand for rare earth materials and the geopolitical risks between the United States and China.  The stock jumped to a high of $86 in the premarket,