The cryptocurrency market has rebounded following a poor start to the week. Bitcoin, the leading cryptocurrency by market cap, is trading above $93K after surging by 7% since Tuesday. The rally has affected altcoins too, with Pi Network (PI) adding 2% to its value at press time. PI’s recovery comes following four consecutive days, marking
The past few months have felt like watching a new industrial revolution develop at fast-forward speed. Each week, another breakthrough model arrives. Another tech giant hints at a new data centre the size of a town. Another start-up floats a valuation that would have seemed absurd a year ago. Investors have been trying to ride
After a choppy year for enterprise software, Salesforce (NYSE: CRM) is suddenly wearing a new label: value stock. With shares drifting near 52-week lows and valuation multiples compressing to levels rarely seen in its two-decade run, Wall Street is buzzing about a potential bargain. But in a market obsessed with immediate AI returns, “cheap” on
Private-sector employment in the United States fell by 32,000 jobs in November, one of the weakest readings in two years and raising concerns about the labour market’s durability for late 2025. The ADP National Employment Report, produced with the Stanford Digital Economy Lab, showed a broad slowdown, contrasting with economists’ forecasts for a 40,000-job gain.
Global trade tensions, shifting markets, and geopolitical pressure are driving today’s biggest stories. The US has extended key China tariff exclusions in a bid to stabilize relations, while global markets remain unsettled as investors parse every signal from the Federal Reserve. Gold is climbing on rising expectations of a December rate cut, and Beijing is
Fresh signs of resilience in the US labor market have curbed GLD gold price gains even as the persistent uncertainties offer steady support to the precious metal. At the time of writing, the bullion was trading at $4,163 an ounce amid heightened bets for a 25 basis point rate cut by the Fed in December.
Gold prices are forecast to rise to $4,900 per ounce next year, according to Daan Struyven, head of oil research at Goldman Sachs. This expected surge is driven by continued strong demand from central banks and ETF investors, with the potential for an even greater increase if retail investors enhance their gold diversification. Struyven, in
Italian lawmakers are pushing ahead with a controversial claim that the central bank’s $300 billion in gold reserves should be declared state property, a move a senator confirmed on Thursday despite fears it could violate European Union regulations. Lucio Malan, a Senator from Prime Minister Giorgia Meloni’s Brothers of Italy party, stated on Radio 24
Oil prices remained flat on Thursday as trading volumes were thin due to the US Thanksgiving holiday. Gold prices fell from two-week high as investors continued to assess the likelihood of an interest rate cut by the US Federal Reserve next month. Silver prices also pulled back after hitting their highest level of $54 per
A cooling failure at a CyrusOne data center outside Chicago froze trading across CME Group’s entire futures complex early Friday, halting price discovery for oil, gold, currency pairs, and Treasury benchmarks during a critical month-end window. The outage, which began around 9:45 p.m. ET Thursday, left traders staring at static screens while engineering teams scrambled