Browsing: Markets

Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from hyperinflation and its currency continues…

New data keeps showing a strong and remarkably resilient U.S. economy: Capacity utilization increased by 0.3 percentage points in April to 79.7 percent, very close to…

Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling retained strength ahead of this week’s Bank of England policy-setting meeting. At…

Investing.com — It’s another day in the red for oil as economic data in top importer China continues to disappoint while U.S. banking tensions resurfaced with…

© Reuters. FILE PHOTO: A general view of Pacific Western Bank in Huntington Beach, California, U.S., March 22, 2023. REUTERS/Mike Blake/File Photo (Reuters) -Shares of major…

So much for the stock-market climbing the proverbial wall of worry. The S&P 500 index continues to struggle in a tight range and some analysts see…

Key takeaways CEO of OpenAI, Sam Altman, is testifying before Congress to decide the first steps in AI regulation Several AI leaders, including billionaire Elon Musk,…

Investing.com — Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar steadied amid caution before key U.S. inflation data due later in…

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a one-week low on Thursday as a political standoff over the U.S. debt ceiling…

© Reuters. FILE PHOTO: The U.S. Capitol building is seen at sunset after a sixth round of voting for a new Speaker of the U.S. House…