Business

China's economic data release calendar for retail sales and industrial output is set for June 17, 2024. This data is crucial in understanding the current state of China's economy, especially in relation to efforts...

The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong labor market data from Australia earlier in the week, the...

Voters in Switzerland have surprised many by rejecting a reform plan aimed at aligning the country's corporate tax system with international standards. The proposed tax reforms, supported by the business community, would have eliminated...

My investment rating for Naver Corporation stock (OTCPK:NHNCF) is a Hold. In my September 30, 2019 initiation article, I described Naver as an "internet conglomerate" which "operates South Korea's leading internet search portal,...

The Houthi rebels claimed responsibility for attacking two civilian ships and a US destroyer in the Red Sea and Arabian Sea. They stated that they targeted the ships in support of Palestinians in Gaza....

In December 2023, during a time when the market was anticipating several rate cuts, Apollo Asset Management Co-President Scott Kleinman shared a different perspective. He mentioned that he was against any rate cuts in...

Elon Musk recently expressed his concerns about the use of electronic voting machines in elections, citing the risk of potential hacking by humans or artificial intelligence. This comes in response to reports that Puerto...

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the upward movement, with the initial bias leaning towards the upside...

European Central Bank Governing Council member, Kazaks, who is also the governor of Latvia's central bank, has issued a strong warning about the need to keep inflation below 2% by 2026. According to ECB...

The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls and bears are currently locked in a tight battle, with...

Nandan Nilekani, the billionaire co-founder of Infosys Technologies, believes that the U.S. should continue to welcome talented immigrants in order to remain globally competitive. Infosys is a major recipient of U.S. H-1B visas, allowing...

Funtap Gen Digital Inc. is a company that specializes in cybersecurity and antivirus products and services. Following the merger of NortonLifeLock and Avast in 2022, the company's revenue and cost synergies were expected to...

The Rosen Law Firm is currently investigating potential securities claims on behalf of shareholders of FutureFuel Corp. (NYSE: FF). It is alleged that FutureFuel may have provided misleading business information to the public, leading...

As Wall Street analysts continue to carefully select stocks that can withstand short-term challenges and provide long-term returns, three top picks have emerged. According to TipRanks, a platform that ranks analysts based on their...

The Israel Defense Forces (IDF) experienced a tragic event in southern Gaza when a Hamas attack targeted an armored vehicle carrying a group of soldiers. The incident resulted in the deaths of eight Israeli...

Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This week, the initial bias is towards the downside with a...

Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down. Although the gap was eventually filled later in the week,...

The Euro has experienced a decline against the Japanese Yen for the second consecutive day, influenced by political uncertainty in France. This uncertainty stems from the decrease in presidential approvals ahead of the General...

Apple has recently made a move that suggests the next iPhone may come with wireless charging capabilities. The tech giant has joined the Wireless Power Consortium, a group focused on promoting a single wireless...

This week, Wall Street experienced a rare midweek holiday with the stock and bond markets closed for the Juneteenth Holiday on Wednesday. The four-day trading week usually means lower volume and added volatility, which...

The Rosen Law Firm, a global investor rights law firm, is currently investigating potential securities claims on behalf of shareholders of Biomea Fusion, Inc. (NASDAQ: BMEA). The investigation stems from allegations that Biomea Fusion...

GameStop shares took a hit on Monday, dropping about 12% following a significant decline of nearly 40% on Friday. This downward spiral was triggered by a disappointing earnings report and an unimpressive livestream from...

Several key topics in the world of finance have been gaining increased attention recently. One such topic is the discrepancies and unusual aspects of the jobs report. The high percentage of jobs created by...

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take a closer look at some key highlights from the recent...

China's financial regulator has recently announced tighter restrictions on short-selling practices in the country. This move is aimed at reducing the potential risks associated with foreign exchange trading, particularly for investors who may not...

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase was driven by the latest inflation data from the United...

Mexico is considering making a significant change that could have a big impact on American corn farmers. Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, announced that he will...

The S&P 500 (SPY) had a strong week, reaching the long-awaited target of 5400-412. This prompted a re-assessment rather than a rush to close positions and go short. The positive momentum was supported by...

Mirum Pharmaceuticals, Inc. recently held an investor call to discuss the interim analysis results from two important studies involving the drug Volixibat. The Volixibat VANTAGE Phase 2b study focused on primary biliary cholangitis (PBC),...

Keith Gill, also known as Roaring Kitty, has recently shown through a screenshot of his E-Trade portfolio on Reddit that he now holds over 9 million GameStop shares, along with $6 million in cash....

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would only be cutting interest rates once this year, which is...

Looking for a comfortable and affordable pair of slip-on sneakers that will keep your feet happy all day long? Look no further than the Akk Memory Foam Walking Shoes, which have over 14,000 five-star...

Textron Aviation has successfully completed the maiden flight of the first certification-conforming production airframe of the Cessna Citation Ascend. The flight, which lasted 1 hour and 24 minutes, reached an altitude of 13,500 feet...

The housing market has become increasingly challenging for potential homebuyers in many countries, including the United States. A recent report has designated some major cities as "impossibly unaffordable" due to the comparison of average...

In a recent development, cancer victims who have filed lawsuits against Johnson & Johnson regarding their talc products are seeking court intervention to block the company's attempt to use bankruptcy as a shield against...