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On Thursday, UBS provided insights into the recent dynamics of oil prices, noting that geopolitical tensions had initially prompted a surge in above $90 per barrel. This increase was linked to concerns about the potential for a broader regional conflict.However, the firm observed that the…
AUD/USD falls back down below 0.6500 after US Q1 GDP data reveals persistent price pressures. The pair reverses the strong rally that has characterized price action over the past week. The Fed is now seen not cutting interest rates till September whilst the consensus for the RBA is November. AUD/USD…
Blockchains as we know them have been around now for over 15 years. Yet, the applications for interacting with them are still stubbornly hard for the average person to use, despite the many brilliant minds in the industry. This has been a problem for so long that the way we…
DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced Thursday.The company said the new North American EV epicenter will include new assembly and battery plants as well as other facilities to…
Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.The Dow Jones Industrial Average slid 611 points, or 1.6%, weighed down by steep declines in Caterpillar and IBM. The S&P 500 dropped 1.3%, and the Nasdaq Composite lost 1.7%.U.S. gross…
Kim Kardashian will join Vice President Kamala Harris at the White House on Thursday for a roundtable to discuss pardons issued by President Joe Biden earlier this month, a White House official said Thursday. Kardashian previously met with former President Donald Trump at the White House as part of her…
By Howard SchneiderWASHINGTON (Reuters) – U.S. economic growth in the first quarter…
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The US economy cooled more than expected in the first quarter of…
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Gold price holds above $2,300 after weak preliminary US Q1 GDP data. The Fed…
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Hear tense exchange with Justice Alito during abortion arguments During a Supreme Court hearing on Idaho abortion law, Solicitor General Elizabeth Prelogar and Justice Samuel Alito clashed over fetal protections under federal law EMTALA. Prelogar argues women deserve necessary medical care, challenging Alito’s focus on “unborn child” protections.
Former President Donald Trump on Wednesday night downplayed the 2017 white supremacist rally in Charlottesville, Virginia, which led to a woman’s death, as a “peanut” compared to the demonstrations happening…
(Refiles to add dropped word to the headline)By Andrew GoudswardWASHINGTON (Reuters) – The U.S. Supreme Court hears arguments on Thursday on Donald Trump’s claim that he enjoys sweeping immunity from…
President Joe Biden might not be saying much about his Republican challenger’s criminal trial, but as Donald Trump sits in a Manhattan courtroom — irritated, seemingly tired and, by his…
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Ukraine is getting a new type of laser-guided missile from the UK, the Paveway IV.While “pretty old,” they can do…
Finance
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Harvey Weinstein’s sex crimes conviction was overturned Thursday by the New York Court of Appeals, which found that he hadn’t gotten a fair trial.In its 4-3…
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KYIV (Reuters) – Ukraine’s central bank lowered its main interest rate to…
Investing
In its earliest days Buick had a reputation for engineering innovation and raw speed. Swiss-born race driver Louis Chevrolet made his name, in part, driving Buicks on race tracks around the country. In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot…
Economy
Venice became the first city in the world to charge a payment…
Fintech
A UK couple’s home renovation project turned into a profitable venture when…
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