For months, President Donald Trump has used unconventional tactics to install loyalists as top federal prosecutors across the country, and battled challenges to their authority. Now, he appears to be conceding defeat. The Trump administration has signaled in recent days that it may refocus its efforts on trying to eliminate a Senate procedural tool used […]
In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to crude cargoes leaving port. That is why a single ship seizure can feel like a national budget event. This week, the US made the shipping lane the front line again, and it put a hard spotlight […]
BBVA is moving artificial intelligence from limited trials into everyday banking work by extending access to ChatGPT across almost its entire organisation. The Spanish lender is giving more than 120,000 employees access to ChatGPT Enterprise after an internal pilot showed measurable efficiency gains, reports Bloomberg. The expansion reflects a broader shift in the financial sector, […]
Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to industry data and Reuters calculations. This decrease occurred as the effects of drone attacks on key energy infrastructure were largely counterbalanced by the completion of maintenance work at several refineries. Despite the small change in […]
US equities are set to reach fresh record highs next year, supported by stronger corporate earnings, broadening artificial intelligence adoption, and resilient economic growth, according to Goldman Sachs strategists. The outlook adds to a growing consensus among major financial institutions that the ongoing market rally still has room to run. AI-driven productivity expected to boost […]
US-listed cannabis stocks saw sharp premarket gains on Friday after fresh reporting pointed to a possible change in federal marijuana policy under President Donald Trump. The development revived investor focus on regulatory risk, funding constraints, and the industry’s long-stalled growth prospects. An article published by the Washington Post said Trump is expected to push the […]
Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand. Meanwhile, silver continued to hit record highs as the price inched up to $64 per ounce for the first time ever. Oil prices were largely flat after spending most of the day in the red on concerns over […]
The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors. The 30-stock index gained 114 points, or 0.2%, while the S&P 500 slipped 0.1% and the Nasdaq Composite declined 0.3%. Broadcom fell 6% despite beating fourth-quarter expectations and issuing a strong […]
Nvidia stock (NASDAQ: NVDA) continues to trade in red for the fourth straight session as a wave of profit-taking swept across semiconductor stocks. The artificial intelligence stocks are witnessing a broader volatility after Oracle’s disappointing cloud revenue guidance and a stark margin warning from Broadcom that exposed uncomfortable truths about AI chip profitability. Nvidia stock […]
Shares of Fermi plunged 40% on Friday after the data-center real estate investment company disclosed that a prospective anchor tenant had terminated a funding agreement tied to its marquee Texas project. The decision, affecting a commitment of up to $150 million for construction of Project Matador, marks the sharpest setback yet for the newly listed […]