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ECB President Lagarde calls to promote the euro as dollar suffers from Trump's policies
Christine Lagarde wants European governments to step up their game when it comes to the euro. The ECB president told an audience in Paris on Tuesday that the 20 countries sharing the currency can’t ju...
Chinese exports of advanced chip gear reached $38B, up 66% from 2022 despite ban
Chinese companies scooped up nearly $40 billion worth of advanced chipmaking equipment, exposing big holes in U.S. efforts to block their semiconductor progress. A bipartisan probe by the U.S. House S...
Modi and Putin reaffirm India, Russia ties over birthday call
India and Russia just flipped the bird to the U.S. yet again. Earlier today, Prime Minister Narendra Modi called President Vladimir Putin to wish him happy birthday, but this wasn’t just about cake an...
Ray Dalio, UBS analysts push gold for portfolio as prices top $4,000
Bridgewater Associates founder Ray Dalio is telling investors to load up on gold as the metal smashes through $4,000 an ounce. Speaking at the Greenwich Economic Forum in Connecticut, Ray said investo...
Canada trade slows down to $4.5 billion deficit in August, second-largest on record
Canada’s trade balance just fell off a cliff. In August, the country posted a $4.5 billion trade deficit, making it the second-largest on record. The only time it’s ever been worse was back in April. ...
Trump admin stakes trigger 100%+ gains in Lithium Americas, Trilogy Metals stocks
Lithium Americas and Trilogy Metals have delivered two of the biggest stock market rallies of the year, after the Trump administration confirmed that it was taking equity positions in both of the Cana...
S&P debuts Digital Markets 50 index to carry exposure to crypto coins and stocks
According to reports today, S&P Dow Jones Indices, the group behind the S&P 500 and the Dow Jones Industrial Average, has launched a new index, S&P Digital Markets 50, designed to meet the growing inv...
China is building out oil reserves at full speed ahead of emergency outcomes
China is building out its oil reserves at full speed after the war in Ukraine exposed just how risky it is to rely too much on foreign fuel. According to Reuters, the government ramped up its storage ...
Trump admin considering offloading parts of $1.6 trillion student loans to private investors
Donald Trump’s administration is now reviewing ways to sell large portions of the government’s $1.6 trillion student loan portfolio to private investors, according to Politico. The talks, which have b...
Senator Cynthia Lummis says US government can begin funding Bitcoin reserve at any moment
Pro-Bitcoin U.S. Senator Cynthia Lummis says the government can begin funding its Strategic Bitcoin Reserve “anytime now,” signaling that the project is ready to move forward once Congress clears fina...
Redditor leaks physical copy of Battlefield 6 ahead of release
Copies of Electronic Arts’ upcoming first-person shooter Battlefield 6 are being sold ahead of its official October 10 release date, according to a Reddit user who shared a picture of the game’s Phant...
Emerging market stocks log biggest rally since 2009 as dollar tumbles
Emerging market stocks have recorded their strongest rally since 2009 as a falling U.S. dollar and cheap valuations attract investors back to developing countries. An MSCI benchmark tracking these sto...