Steel stocks took a sharp hit as the White House prepares to block the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. President Joe Biden is expected to announce his decision to halt the acquisition soon, according to a report by The Washington Post....
In a notable shift for the currency markets, Britain's pound rose by 0.48% to $1.3160, reaching its highest level since April 2022. This recent uptick not only marks a significant milestone but also surpasses the previous 13-month high of $1.3144. The pound's ascent...
In a bold and contentious move, former President Donald Trump has proposed imposing higher tariffs on foreign goods, advocating for a sweeping 10% tariff on imports from around the globe and a hefty 60% duty on goods specifically from China. Trump argues that these...
Recent riots in the UK have exposed deep-seated racial tensions and the dangerous escalation of extremist violence, following a knife attack on young girls. What began as a reaction to a tragic incident has spiraled into a disturbing wave of attacks targeting various...
In today's interconnected global economy, localized conflicts can have ripple effects that extend far beyond the borders of the countries involved. This article aims to explore how geopolitical tensions in Israel, the Ukraine-Russia conflict, and the complex...
In a promising turn of events for investors, stocks rallied significantly after Nvidia extended its impressive five-day rally to 13%. This surge comes as part of a broader recovery for the market, following its worst session in a month. The positive momentum was...
As Hurricane Milton approaches the southeastern United States, leading Wall Street analysts are bracing for a significant economic blow that could exceed $50 billion in damages, with worst-case scenarios estimating losses of up to $175 billion or more. This staggering...
In a remarkable turn of events, Constellation Energy’s shares surged by 20% in midday trading on the news of its agreement with Microsoft to reopen the iconic Three Mile Island nuclear plant. This announcement not only marks a pivotal moment for the company but also...