Browsing: Business

The US dollar declined for a second consecutive session as fresh inflation data reinforced expectations that the Federal Reserve may begin cutting interest rates as early as September. The US Dollar Index (DXY) fell to 97.87, its lowest level since

Gold prices surged to a new all-time high on Friday, briefly reaching 3,534 US dollars per ounce before pulling back slightly. The rally marks a 32 percent increase from the start of the year, far outpacing the S&P 500’s eight

Cryptocurrency exchange operator Bullish rose 12 percent in pre-market trading Thursday, reaching 78 dollars per share and doubling its initial public offering price of 37 dollars. The rally briefly pushed the company’s valuation above 10 billion dollars, despite the stock

The United States has surpassed a national debt milestone of $37 trillion, far earlier than projected, marking a new chapter in the ongoing debate over fiscal policy under President Donald Trump’s administration. Treasury Department data confirmed the record figure, emphasizing

Artificial intelligence startup Perplexity AI has made an unsolicited $34.5 billion bid to acquire Google’s Chrome browser, positioning the offer as a potential solution to ongoing antitrust concerns facing the technology giant. The proposal comes amid heightened scrutiny of Google’s

Do Kwon, the South Korean entrepreneur behind the collapse of the TerraUSD and Luna cryptocurrencies, has pleaded guilty in a United States federal court to two counts of conspiracy to defraud and wire fraud. The plea marks a major development

In June 2025, Amazon CEO Andy Jassy warned corporate staff that the company’s adoption of generative AI and automated agents would reduce office jobs in the coming years. The statement follows a series of workforce reductions across Amazon, including recent

Bitcoin surged close to $122,000 and ether reached its highest level since December 2021 on Sunday night, driven by renewed institutional interest and U.S. President Donald Trump’s executive order directing regulators to explore allowing cryptocurrencies and other alternative assets in

Switzerland is facing one of its most severe trade challenges in decades after the United States implemented a 39 percent tariff on Swiss exports, a rate among the highest imposed under President Donald Trump’s ongoing overhaul of global trade rules.

Signs are mounting that the United States may be entering a “stagflation-lite” phase, as inflation edges higher while economic growth slows and labor market indicators weaken. Economists and market analysts warn that the combination of sticky prices, slowing job creation,