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Stocks rise as global markets open higher, set to end a choppy week in the green
Markets opened higher Friday morning across the U.S. and Europe, aiming to close out a rocky week on a more stable note, according to data from CNBC. Traders returned with steady hands after inflation...
Australian rare-earth miners profit as US moves away from China
Australian rare earth companies just secured a windfall after Donald Trump’s administration and Prime Minister Anthony Albanese signed a rare earths and critical minerals deal this week in Washington,...
Ford moves electric-vehicle staff to ramp up F-150 output in Dearborn
Ford is pulling workers off its stalled electric truck line and tossing them back into its bread-and-butter operation; gas and hybrid F‑150 production. On Thursday, the company announced it’s transfer...
Canada halves Stellantis’ tariff-free quota
Canada has decided to reduce trade benefits for Stellantis NV and General Motors Co. after both automakers scaled back their manufacturing commitments in Ontario. The Canadian Department of Finance an...
Beijing accelerates de-dollarization as global yuan loans hit new record
China just smashed another milestone in its war on dollar dominance. Official figures show overseas renminbi lending, bond investments, and deposits by Chinese banks have quadrupled in five years, hit...
U.S. Commerce Department said Trump is not negotiating equity stakes with quantum computing companies like IonQ, Rigetti, or D‑Wave
The U.S. Commerce Department said on Thursday it’s not in talks with quantum computing companies about taking any ownership in exchange for federal money. A spokesperson told CNBC, “The Commerce Depar...
Trump’s new sanctions target Russia’s top four oil producers, including Rosneft and Lukoil
Wall Street analysts are warning of severe economic fallout for Russia after President Donald Trump imposed new sanctions on Rosneft and Lukoil, the country’s biggest oil producers. The decision, made...
Putin said Russia will never bow to Trump’s pressure after new U.S. sanctions on its top oil firms
President Vladimir Putin said on Thursday in Moscow that Russia will not bend under pressure from the United States or any other foreign power. He warned that any military strikes deep inside Russia w...
Taiwan’s chipmakers cast doubts over government green energy goals
The chip manufacturing industry in Taiwan has expressed concern about the government’s plan to introduce new sources of green energy. Consequently, chipmakers doubt whether the agency can meet their e...
Global hedge-fund asset value hit $5 trillion record on strong inflows and returns
The global hedge-fund industry has reached a record $5 trillion in total asset value, as investors pushed massive amounts of money into alternative strategies while funds delivered strong gains. The f...
Swiss National Bank (SNB) claims expansionary effect from zero-interest-rate policy
In its so-called summary of monetary discussions, the Swiss National Bank (SNB) states that its zero-interest-rate policy is already having an expansionary effect and could lead to higher inflation in...
America’s debt load soars past $38 trillion in record climb
The US government’s gross national debt has crossed $38 trillion, dangerously close to the combined economic valuations of China, India, Japan, Germany, and the United Kingdom. According to the latest...