Tesla’s share of the US electric vehicle market fell to 38% in August, its lowest level in eight years. This marks the first time the company has fallen below 40% since 2017.
The pound started the week evenly on Monday, remaining stable at $1.3513. It had risen 0.5% on Friday following the surprisingly weak US employment data, recording its biggest daily rally in two
Following weak US employment data, expectations of a Fed interest rate cut strengthened this month. This optimism boosted stocks on Monday and kept Treasury yields low. US S&P 500 futures rose 0.2%,
South Korea announced it will reference Japan’s trade agreement as it finalizes the details of its trade deal with the United States. Finance Minister Koo Yun-cheol said, “We have an advantage because
British pound rose slightly on Thursday, trading at $1.3455. However, the currency is experiencing its most volatile week in recent months and is poised for a third consecutive weekly loss. Against the
Gold prices retreated on Thursday due to profit-taking after reaching a record high on Wednesday. Spot gold fell 0.4% to $3,542.97 an ounce, while December US gold futures contracts fell 0.9% to
Although global bond markets saw a brief period of stability on Wednesday, high borrowing costs continue to fuel concerns from Japan to the UK and the US. In Japan, the resignation of
In a case heard in the US, Judge Amit Mehta found Google’s search engine monopoly illegal but rejected the harsh sanctions requested by the government. He cited the rise of artificial intelligence
One of the largest banks in the US, U.S. Bancorp, has relaunched its corporate bitcoin custody service after more than three years. The decision is driven by the Trump administration’s pro-crypto policies
After two defeats in lower courts, US President Donald Trump is preparing to appeal to the Supreme Court to protect his emergency tariffs. However, according to experts, he faces difficult legal questions.