Business & Economics

India’s Piyush Goyal Calls for BRICS Payment Links and Local-Currency Trade

India is pushing BRICS toward deeper financial integration, with Commerce and Industry Minister Piyush Goyal urging members and partner countries to link their payment...

Treasury Yields Keep Rising as Bessent’s $6 Billion Buyback Fails to Calm Markets

U.S. Treasury yields continued climbing Wednesday despite Treasury Secretary Scott Bessent's decision to expand government bond buybacks to $6 billion. Investors viewed the move...

Xi Jinping to Visit India for BRICS Summit, Raising Stakes for Trade and Regional Ties

Chinese President Xi Jinping will visit India on September 12-13 to attend the 18th BRICS Summit in New Delhi, marking his first trip to...

Nasdaq Invests $100 Million in Kraken Parent Payward at Reported $21 Billion Valuation

Nasdaq is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, in a deal that reportedly values the company at $21...

PayPal Stock Plunges as Stripe and Advent Walk Away From Take over

PayPal shares plunged nearly 18% in premarket trading Friday after Stripe and Advent International reportedly walked away from their proposed acquisition of the payments...

Gold Futures Push Above $4,600 as Dollar Weakness Fuels Bullion Rally

Gold futures climbed above $4,600 an ounce on Friday as a weaker U.S. dollar and renewed support from the Treasury market strengthened demand for...

U.S. National Debt Surpasses $40 Trillion for First Time as Fiscal Pressures Intensify

The U.S. national debt has surpassed $40 trillion for the first time, marking a historic milestone for the world's largest economy. Treasury data showed...

China Adds 20 Tonnes of Gold in July as Reserves Hit Record 2,366 Tonnes

China's central bank accelerated its gold buying in July, adding 20 tonnes to its reserves and extending its purchasing streak for a fifth consecutive...

Bank of Korea Resumes Gold Buying After 13-Year Pause to Strengthen Reserve Strategy

The Bank of Korea is set to purchase gold for the first time in 13 years, marking a notable shift in the country's foreign...

Palantir Stock Soars After Blowout Earnings as Company Raises Full-Year Outlook

Palantir Technologies delivered another blockbuster quarter, sending its shares sharply higher after the company reported earnings and revenue that comfortably exceeded Wall Street expectations...

Michael Burry Flags Rising Nvidia Credit Risk as AI Spending Faces Fresh Scrutiny

Investor Michael Burry has renewed his criticism of Nvidia, pointing to a sharp rise in the company's five year credit default swaps as a...

Apple Surpasses $5 Trillion Market Cap for the First Time

Apple has become only the second publicly traded company in history to briefly surpass a $5 trillion market capitalization, marking a major milestone for...