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Sat, May 11, 2024 07:17 AM All times are UTC

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America's Roundup: Dollar hits 2018 highs; U.S. exit from Iran deal caps gain, U.S. stocks close mixed, Gold flat, Oil recoups some losses after U.S. exits Iran deal-May 9th 2018

May 08, 2018 20:42 pm UTC| Market Roundups

Market Roundup Trump pulls U.S. from Iran nuclear deal, to revive sanctions. European allies decry Trump move on Iran; Israel, Saudis praise it. US Mar Consumer Credit, 11.62 bln, 15 bln forecast, 10.60 bln...

Europe Roundup: DXY hits fresh 2018 highs at 93.13, Euro struggles; Oil prices retreat from 3-1/2 year highs, await Trump decision on Iran; European shares slightly firm - Tuesday, May 8th, 2018

May 08, 2018 11:33 am UTC| Market Roundups

Market Roundup EUR/USD -0.33%, USD/JPY -0.15%, GBP/USD -0.26%, EUR/GBP -0.09% DXY 0.31%, DAX -0.45%, FTSE 0.09%, Brent -0.88%, Gold -0.33% Trump to reveal Iran deal decision, Tehran defiant as rial...

Asia Roundup: Aussie depreciates as retail sales data misses expectations, Asian markets marginally up, gold hovers around $1,310 mark - Tuesday, May 08, 2018

May 08, 2018 06:42 am UTC| Market Roundups

Market Roundup China April Trade Balance USD, +28.78 bln, forecast +24.70 bln, last -4.98 bln. China April Exports YY, +12.9%, forecast +6.3%, last -2.7%. China April Imports YY, +21.5%, forecast +16.0%,...

America’s: Dollar hits strongest level of 2018, euro slips, Wall Street rises, Gold slips, Oil surges on Venezuela-Conoco dispute, Iran sanction worries-May 8th, 2018

May 07, 2018 20:55 pm UTC| Market Roundups

Market Roundup Atlanta Feds Bostic says OK with some overshoot on inflation. German industrial orders fall unexpectedly. ECB to make up German bond buys after record-low outlay. Euro zone core inflation...

Europe Roundup: Dollar shrugs off Friday's jobs report, strengthens across the board; European shares gain, boosted by strong earnings updates, U.S. oil cracks $70, highest since late 2014 - Monday, May 7th, 2018

May 07, 2018 12:29 pm UTC| Market Roundups

Market Roundup EUR/USD -0.25%, USD/JPY 0.16%, GBP/USD 0.01%, EUR/GBP -0.27% DXY 0.25%, DAX 0.36%, FTSE 0.86%, Brent 0.99%, Gold -0.09% DE Mar Industrial Orders MM, -0.9%, 0.5% fcast, -0.2% prev(r) EZ May Sentix...

Asia Roundup: Aussie falls against major peers after mixed economic data, gold remains well supported above $1,310 mark, Asian markets noticeably up - Monday, May 07, 2018

May 07, 2018 06:50 am UTC| Market Roundups

Market Roundup Australian PM flags tax cuts, infrastructure spend in federal budget. Australia April NAB Business Conditions, 21, last 14. Australia April ANZ Internet News Paper Job, -0.2%, last...

America's Roundup: Dollar hits 2018 high despite weaker jobs data, Wall Street rallies, Gold edges up, Oil hits highest since Nov. 2014 as Iran tensions mount-May 5th, 2018

May 04, 2018 21:53 pm UTC| Market Roundups

Market Roundup US Apr Non-Farm Payrolls, 164k, 192k forecast, 103k previous. US Apr Private Payrolls, 168k, 194k forecast, 102k previous. US Apr Manufacturing Payrolls, 24k, 20k forecast, 22k previous. US...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Joe Biden to Possibly Quadruple Tariffs on Chinese EVs, Raising Duties to 100%

The US government plans to impose higher tariffs on various Chinese imports, including green products such as solar panels and batteries, medical equipment, and, most notably, an increase in duties on Chinese EVs from 25%...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Binance Under Strict FRA Watch for Three Years After DOJ Deal

The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the worlds largest cryptocurrency exchange, for the next three years. This move follows Binances November plea bargain...

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...

JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments

JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...