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Ferrari Unfazed by Trump’s Tariff Threats, Europe’s Auto Giants Rattled

Ferrari is considered a unique case in Europe's automobile sector, standing out from other car giants facing pressure from potential U.S. tariffs. President-elect Donald Trump recently announced plans to impose tariffs on China, Canada,...
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Euro-Dollar Parity Reemerges Amid Trade Jitters After Trump Win

The recent victory of President-elect Donald Trump has led to concerns about the U.S. imposing new tariffs, causing economists to predict that the euro could reach parity with the dollar by 2025.Following Trump's win,...
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Comcast to Announce Cable Networks Spinoff on Wednesday

Comcast is making a big move by spinning off its cable network channels, according to sources familiar with the matter. This separation process is expected to take around a year, with an official announcement...
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Global Markets React to Rising Tensions Between Russia and U.S.

Global markets took a hit on Tuesday as tensions between Russia and the U.S. continued to escalate. The Stoxx 600 stock index in Europe dropped nearly 1%, while futures tied to the Dow Jones...
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Chris Wright, Liberty Energy CEO, Chosen as Energy Secretary by Trump

President-elect Donald Trump announced on Saturday that Liberty Energy CEO, Chris Wright, will be the next energy secretary of the United States. Liberty Energy, based in Denver, is an oilfield services company with a...
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Fed Chair Powell Faces Pressure to Address Trump’s Impact on Economy

Federal Reserve Chairman Jerome Powell faced a barrage of questions from reporters during a news conference, as they sought his opinion on President-elect Donald Trump's impact on the economy. Powell, however, remained tight-lipped on...
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Warner Bros. Discovery Gains 7.2 Million Max Subscribers in Record Quarter

Warner Bros. Discovery announced on Thursday that their streaming platform, Max, gained 7.2 million new subscribers globally in the third quarter. This growth marked the largest increase in subscribers for the platform since its...
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Bitcoin price hits all-time high at $75,000 amid speculation of Trump’s influence on cryptocurrency...

Bitcoin has surged to an all-time high of $75,000 as Donald Trump secured key wins in swing states, causing the cryptocurrency market to react with excitement. The price of Bitcoin reached this record level...
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Post-US Election Stock Market Trends: A Historical Analysis

Stock market trends after a presidential election have historically shown that while there is usually an overall increase in stock prices, there can be some short-term volatility immediately following the election. Looking back at...
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EUR/USD Consolidates Ahead of US Core PCE Inflation Data

EUR/USD is currently in a consolidation phase as investors await the release of the US core PCE Price Index for June. The annual US core PCE inflation is expected to have slowed down to...
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UK Prime Minister Starmer Affirms Stronger Than Ever US-UK Special Relationship

Britain's new Prime Minister, Keir Starmer, met with President Joe Biden in Washington for the first time and emphasized the strong relationship between the UK and the US. They also celebrated England's soccer victory...
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Australian Dollar Strengthens as RBA Hawkishness Outweighs Weak US PCE Data

The Australian Dollar (AUD) saw a rise against the US Dollar following a decrease in US inflation in May. This unexpected reduction in inflation led to speculations of a possible dovish stance from the...
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US Dollar Index Hits Two-Month High Before US PCE Data

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await the release of the US Personal Consumption Expenditure (PCE) Price...