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Fri, Mar 27, 2026 02:25 PM All times are UTC

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UK Inflation Update: November CPI Expected to Rise Above Target

Dec 18, 2024 06:21 am UTC| Economy Insights & Views

Today, December 18, 2024, the UK Consumer Prices Index (CPI) data for November is being released. Experts believe that the headline CPI will go up to 2.7%, compared to 2.3% in October. This increase means inflation will...

Fed on the Brink: Anticipating Rate Cuts Amid Economic Uncertainty

Dec 18, 2024 04:48 am UTC| Central Banks Insights & Views

The upcoming Federal Open Market Committee (FOMC) meeting on December 18, 2024, is expected to bring about a pivotal change. A 25 basis point rate cut is likely, lowering the federal funds rate to a target range of 4.25%...

FxWirepro -Gold Trade Idea

Dec 17, 2024 15:20 pm UTC| Insights & Views

Gold prices lost its shine due to a strong U.S. dollar, hitting a low of $2,633at the time of writing and currently trading around $2,639. In November 2024, U.S. core retail sales went up by 0.2%, which is lower than...

Trump's Tax Break: Capital Gains on Crypto to Disappear

Dec 17, 2024 12:35 pm UTC| Digital Currency Insights & Views

Donald Trump is planning to get rid of capital gains taxes on cryptocurrency, which could have a big impact on the digital asset market in the U.S. Here are the main points about this possible change: Trump wants to...

With RLUSD Launch and Whale Accumulation, XRP Could Hit $3.30 Soon

Dec 17, 2024 06:11 am UTC| Digital Currency Insights & Views

Launch of Ripple USD (RLUSD) Ripple is launching its new stablecoin, Ripple USD (RLUSD), on December 17, 2024. This stablecoin will be linked to the US dollar and designed for financial transactions like cross-border...

From Miners to Moguls: Riot and MARA Follow MicroStrategy's Crypto Roadmap

Dec 17, 2024 03:22 am UTC| Digital Currency Insights & Views

Riot Platforms recently made headlines by acquiring approximately $69 million worth of Bitcoin, purchasing 667 BTC at an average price of about $101,135 per Bitcoin. Based on current market prices, this acquisition...

Ethereum Rockets Ahead: Whale Activity, ETF Inflows, and World Liberty Financial's Bold Investment Drive Market Optimism

Dec 16, 2024 15:03 pm UTC| Digital Currency Insights & Views

Ethereum is gaining momentum, trading at $3,918after hitting a high of $3,988 yesterday on the back of positive sentiment. World Liberty Financials Big Investments World Liberty Financial (WLFI), a cryptocurrency...

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Economy

India Slashes Fuel Taxes: A Ten-Rupee Relief Amid Global Energy Turmoil

Effective March 26, 2026, the Indian government made a decisive fiscal action by significantly lowering the Special Additional Excise Duty (SAED) on motor fuels. This change in policy lowers the tax on gasoline from INR 13...

France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure

France made stronger-than-expected progress on its public finances in 2025, with the national budget deficit falling to 5.1% of GDP a notable improvement from 5.8% recorded in 2024 and well ahead of the governments own...

Oil Prices Slip as Trump Extends Iran Ceasefire Deadline Amid Ongoing War Fears

Global oil prices were on course for a weekly loss on Friday after U.S. President Donald Trump granted Iran a 10-day extension before threatening to strike its energy infrastructure, offering markets a brief reprieve ...

Asian Stocks Rebound as Trump Delays Iran Strike Deadline

Asian equity markets staged a partial recovery on Friday after U.S. President Donald Trump postponed a planned military strike on Iranian energy infrastructure, extending the deadline by over ten days while signaling...

Google's TurboQuant Sends South Korean Chip Stocks Tumbling Amid AI Memory Demand Fears

South Korean equities took a sharp hit Friday as mounting concerns over reduced artificial intelligence memory demand dragged the KOSPI index to its lowest point in more than two weeks. The benchmark fell nearly 3% to...

Politics

Lavrov Claims U.S. Seeks Control Over Damaged Nord Stream Pipelines

Russian Foreign Minister Sergei Lavrov has accused the United States of pursuing dominance over the Nord Stream gas pipelines in the Baltic Sea, which were severely damaged by underwater explosions in September 2022. The...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

U.S. Praises Kurdistan's Role in Oil Markets Amid Iran War Fallout

U.S. Secretary of State Marco Rubio held a significant diplomatic call Thursday with Kurdistan Regional Government Prime Minister Masrour Barzani, signaling Washingtons commitment to regional energy stability as conflict...

Russia Accused of Helping Iran Target U.S. Forces, European Powers Tell G7

European nations have formally accused Russia of providing military intelligence and drone technology to Iran to help target American forces in the Middle East, raising the issue directly with U.S. Secretary of State Marco...

Trump Signs Executive Order to Pay TSA Workers Amid Airport Security Crisis

President Donald Trump announced Thursday that he will sign an executive order directing Homeland Security Secretary Markwayne Mullin to ensure Transportation Security Administration (TSA) employees receive their pay,...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...