Stocks
Asian Stocks Jump on Dow Record; AI Sector’s Fortunes Diverge
Asian markets rallied on Friday, buoyed by the Dow Jones Industrial Average's latest record close, though the artificial intelligence sector saw a...
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Economy
Turkish Inflation Cools to 32.1% in June on Energy Price Drop
Turkish annual inflation eased to 32.1% in June, breaking a two-month climb, as falling energy prices provided relief. This marks the first...
Finance
Hormuz Reopening Faces Lingering Shipping Risks
A proposed US-Iran deal to reopen the Strait of Hormuz offers hope, but naval mines, high insurance, and geopolitical tensions mean shipping...
World Business
Canada Taps State Firm for Asia-Bound Oil Pipeline
Trans Mountain Corp., a government-owned entity, will build a new pipeline from Alberta's oil sands to a Vancouver port, aiming to serve...
Investing
Kraken Parent’s Reap Buy Signals B2B Stablecoin Card Ambitions
Payward's acquisition of Reap for up to $600 million highlights a strategic push into B2B stablecoin card infrastructure, aiming to capture the...
Economy
US Jobless Claims Drop to 215K as Layoffs Remain Low
U.S. applications for jobless aid fell to 215,000 last week, indicating historically healthy layoff levels, even as broader hiring shows caution. The...
Finance
PayPal Joins European Payments Council to Shape Industry Future
PayPal has secured a seat on the European Payments Council (EPC), aiming to influence the future of payments across the Single Euro...
Stocks
Pembina Joins Major Energy Corridor Project to Boost Canadian Oil Exports
Pembina Pipeline Corporation has signed a non-binding agreement to participate in a proposed nation-building energy corridor, aiming to construct a new 1-million-barrel-per-day...
Finance
US 30-Year Mortgage Rate Hits Seven-Week Low at 6.43%
The average 30-year fixed U.S. mortgage rate dropped to 6.43%, its lowest point in seven weeks, offering relief to prospective homebuyers.