Wall Street is preparing for the risk of a liquidity crunch in the money markets at the end of the quarter. The accelerated issuance of US Treasury bonds in recent months has
Microsoft and OpenAI announced they have signed a non-binding agreement that will allow the company to transform into a for-profit entity. This step marks a new era in one of the most
The People’s Bank of China (PBOC) announced it aims to more strictly regulate cross-border yuan financing between banks and increase the global use of the yuan. This move stands out as part
Leeds City Council has announced a brand new music festival to be held next summer in Roundhay Park, one of the city’s largest green spaces. The Roundhay Festival will contribute to the
US stock futures traded flat on Thursday morning as investors awaited critical inflation data. Markets are looking for new clues about the Fed’s interest rate cut path with the release of the
Gold prices retreated slightly on Thursday but remained near historical highs above $3,600. Spot gold fell 0.3% to $3,629/ounce, while December US gold futures contracts dropped 0.4% to $3,666. The US dollar
The US dollar appears to have stabilized in recent weeks after experiencing a record drop in the first half of the year. However, many investors believe this is only a temporary pause
Kraft Heinz (Velveeta, Heinz ketchup, Oscar Mayer) announced this month that it will restructure the company by splitting it into two. One wing will focus on sauces and condiments, and the other
Apple introduced the iPhone Air, iPhone 17, iPhone 17 Pro and AirPods Pro 3, along with new Apple Watch models, at its annual launch event. The company kept iPhone prices stable despite
According to a Deloitte report, US holiday season sales in 2025 will experience their slowest growth since the pandemic. Sales are projected to increase by only 2.9% – 3.4% between November 2025