Pound steady as Middle East uncertainty clouds inflation outlook
The British pound was little changed on Wednesday as markets continued to assess uncertainty surrounding the Middle East conflict. The muted movement came
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Stocks
FTSE 100 steady as oil jumps, UK inflation ticks higher
London’s benchmark FTSE 100 index remained largely unchanged on Wednesday as investors tracked developments in the Middle East and digested fresh inflation data
Stocks
Here’s why the Rolls-Royce share price is falling this week
Rolls-Royce share price dropped for three consecutive days, reaching its lowest level since April 7 as crude oil soared. It dropped to a
Stocks
Corie Barry to step down as Best Buy names Jason Bonfig CEO
Best Buy has announced a leadership transition, naming Jason Bonfig as its next chief executive officer, replacing Corie Barry later this year. The
Stocks
Robinhood fund takes $75M stake in OpenAI
Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced on Wednesday. The
Stocks
Dow Jones jumps 417 pts as Trump extends Iran ceasefire
US stock indices moved higher on Wednesday after President Donald Trump extended the ceasefire with Iran, even as uncertainty persisted over the durability
Investing
Bitcoin Price Approaches $78K Amid Ongoing Bullish Momentum
Bitcoin’s price rose beyond $77,500 due to increased holdings by Strategy and positive optimism in the financial markets. According to CMC data, bitcoin has
Business
Weekly data: Oil and Gold: Price review for the week ahead
This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the
Business
The risk-on regime develops ahead of Kevin Walsh’s speech
The new week in the financial markets has started with some uncertainty around the geopolitical situation, despite the euphoria for the US stock
Business
Dispute Erupts Between KelpDAO and LayerZero Over $292…
The decentralized finance landscape has been plunged into a heated conflict following the catastrophic $292 million exploit of the KelpDAO cross-chain bridge. While