Why smart money is betting against the pound right now
The pound is struggling to build on its recent gains as a toxic combination of political scandal, an energy-driven inflation shock and looming
Investing
Investing
Sterling edges higher ahead of Bank of England rate decision
Sterling edged higher against the US dollar on Thursday, as investors remained cautious ahead of a key interest rate decision from the Bank
Economy
Caterpillar jumps on earnings beat as AI-driven demand adds to growth
Caterpillar reported stronger-than-expected first-quarter earnings on Thursday, driven by robust demand across its construction and power generation businesses, with shares rising nearly 6%
Economy
US inflation hits 3.5%, highest in 2 years, dimming Fed rate-cut hopes
US consumers faced renewed inflationary pressure in March as rising oil prices linked to the Iran conflict pushed costs higher, complicating the policy
Economy
Dow rises 314 points as earnings offset oil, inflation worries
US stocks opened higher on Thursday as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East and persistent inflation
Economy
Real Finance, Wiener Privatbank partner to build regulated blockchain framework
Real Finance has announced a strategic partnership with Wiener Privatbank to develop a regulated institutional framework for participation in blockchain-based financial markets. The
Economy
Stellar (XLM) price continues its 7-day decline: check forecast
Stellar (XLM) has been moving through a weak stretch in the market, extending its decline over the past seven days even as the
Economy
Meta eyes up to $25 billion bond sale to fund AI expansion
Meta Platforms Inc. is planning to raise between $20 billion and $25 billion through an investment-grade bond sale. The move comes as the
Economy
Meta stock sinks 10% after earnings: why analysts are cutting targets
Shares of Meta Platforms fell sharply in early trading on Thursday, dropping around 9%. The move comes despite the company reporting better-than-expected first-quarter
Economy
Nexo expands Zero-Interest Credit to SOL, XRP holders
Nexo, a digital assets wealth platform, has expanded its Zero-Interest Credit (ZiC) product to include Solana’s SOL and Ripple’s XRP as supported collateral