Markets
Oil Prices Jump on Mideast Flare-Up; AI-Led Retreat Hits Asian Stocks
Oil prices surged early Tuesday as intensified fighting in the Middle East raised supply concerns, while Asian markets declined, primarily dragged by...
The Editorial Team 921 articles
Economy
Gas Price Drop Likely Slowed Inflation Last Month
Falling gas prices are expected to have curbed inflation in June, offering consumers a reprieve. However, renewed Middle East conflict is driving...
Finance
Tata Power Seeks $450 Million Offshore Loan Backed by Foreign Units
Tata Power is in talks with banks to secure a $450 million overseas loan, leveraging shares in its Indonesian and Singaporean subsidiaries...
Finance
Robinhood Eyes First Card Receivables Bond Sale for Up to $500 Million
Robinhood is reportedly gauging investor interest for its first sale of $400M-$500M in asset-backed securities, including a bond backed by its consumer...
Investing
Australia Blocks China Investors’ Rights in Rare-Earths Miner After Defiance
Australia has blocked three China-linked shareholders of Northern Minerals Ltd. from voting or exercising rights after they defied orders to sell their...
Economy
Smartphone Sales Hit 13-Year Low as Price Hikes Bite
Global smartphone shipments fell 11% in Q2, reaching a 13-year low, as manufacturers passed rising memory component costs to consumers, Counterpoint Research...
Markets
Gold Dips Below $4,000 as Hormuz Blockade, Hawkish Fed Fuel Rate Hike Bets
Gold prices declined below $4,000 an ounce, driven by escalating tensions in the Strait of Hormuz and Federal Reserve remarks signaling potential...
Investing
Two-Year Treasury Yields Hit 2025 High on Oil, Fed Hike Speculation
Treasury two-year yields reached their highest point since early 2025, driven by escalating Iran tensions pushing oil prices up and intensifying speculation...
Investing
Ripple CEO: Company Nearly Folded Before SEC Fight
Ripple CEO Brad Garlinghouse revealed the company considered shutting down and distributing XRP to shareholders before fighting the SEC lawsuit, a battle...