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5432 posts

Press Room

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Markets

Fed says bond market’s term premium is the reason behind rise in Treasury yields. Why investors should take it with a dose of caution.

By Press Room
October 21, 2023
4 Mins read
Investment

U.S. oil production hits record as Israel-Hamas conflict stokes global supply fears

By Press Room
October 21, 2023
5 Mins read
As the global oil market focuses its attention on the oil-supply risks tied to the war between Israel and Hamas, U.S. production…
Stocks

State Street Corp shares decline amidst market downturn

By Press Room
October 21, 2023
1 Mins read
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect State Street Corp (NYSE:).’s shares saw a significant drop on Thursday, falling by…
Commodities

Gold futures rally on Powell's speech, geopolitical tensions

By Press Room
October 21, 2023
1 Mins read
Federal Reserve Chairman Jerome Powell’s address at the Economic Club of New York on Thursday sparked a rise in on Comex, reaching…
Crypto

FBI Charges Six in Connection to $30M Crypto Crime Ring

By Press Room
October 21, 2023
1 Mins read
The Federal Bureau of Investigation (FBI) filed charges on Wednesday against six individuals for allegedly running an unlicensed money-transmitting business involving $30…
News

Stanley Black & Decker: Needs Deleveraging And Margin Improvement (NYSE:SWK)

By Press Room
October 21, 2023
8 Mins read
Investment thesis Our current investment thesis is: SWK is a high-quality business, with a strong portfolio of brands, a reputation for quality…
Business

Former Pakistan leader Nawaz Sharif returns from exile in bid to regain power

By Press Room
October 21, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pakistan’s former…
Investment

Why gold prices are up as investors look to Powell’s remarks for hints on the outlook for interest rates

By Press Room
October 21, 2023
2 Mins read
Gold futures settled Thursday at their highest since late July, recovering from a brief session dip in prices as investors looked to…
Stocks

Nokia plans 14,000 job cuts amid profit drop and sales decline

By Press Room
October 21, 2023
1 Mins read
© Reuters. Telecommunications giant Nokia (NYSE:) announced on Thursday its plan to cut 14,000 jobs, equivalent to 16% of its workforce over…
Commodities

Gold prices surge amid Middle East tensions and possible Fed rate pause

By Press Room
October 21, 2023
1 Mins read
Gold prices have seen a significant surge this week, driven by escalating tensions in the Middle East and indications from Federal Reserve…
Crypto

HayCoin Price Soars as Uniswap Creator Burns 99.99% of Test Coin Supply

By Press Room
October 21, 2023
2 Mins read
HayCoin, a test coin created by Uniswap founder Hayden Adams, has experienced a dramatic surge in value after Adams decided to burn 99.99% of the…
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