Japan's Currency Intervention: A Strategic Response to Yen Volatility
Nov 08, 2024 01:29 am UTC| Economy
Japans Currency Intervention Efforts In July 2024, Japans Ministry of Finance (MOF) reported significant currency interventions to address the volatility of the yen. On July 11, Japan spent 3.168 trillion yen ($20.69...
U.S. Judge Dismisses Fraud Claims Against Rio Tinto and Ex-CEO Over Oyu Tolgoi Mine Delays
Nov 08, 2024 01:26 am UTC| Economy
Overview of Lawsuit Dismissal A U.S. District Judge, Lewis Liman, dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO, Jean-Sebastien Jacques, of defrauding investors. The case relates to delays and...
UK Labor Market Shows Signs of Cooling Amid Weak Wage Growth and Tax Increases
Nov 08, 2024 01:09 am UTC| Economy
UK Labor Market Slows Amid Weakest Wage Growth Since 2021 The UKs labor market showed further signs of cooling in October, with the weakest wage growth since early 2021, according to a survey by the Recruitment and...
U.S. Stock Futures Stabilize as Markets Digest Fed’s Rate Cut and Trump’s Election Victory
Nov 08, 2024 00:59 am UTC| Economy
U.S. Stock Futures Stabilize After Record Highs on Wall Street U.S. stock index futures stabilized on Thursday evening following another day of record highs on Wall Street, as markets digested the Federal Reserves...
Eugene Vindman Elected to U.S. House, Following Brother’s High-Profile Legacy
Nov 07, 2024 23:42 pm UTC| Economy
Eugene Vindman Wins Virginias 7th District Seat, Marking a Notable Family Legacy in Politics Eugene Vindman, a Democrat and former legal advisor for the White House National Security Council, has been elected to the...
AI Giant Nvidia Reaches $3.65 Trillion Market Value as Wall Street Reacts to Trump Election Win
Nov 07, 2024 23:09 pm UTC| Technology Business Economy
Nvidias stock soared to a staggering $3.65 trillion valuation, surpassing Apple as the worlds most valuable company, driven by Wall Streets enthusiasm after Trumps election win. The chipmakers latest milestone underscores...
Federal Reserve Cuts Rates by 25 Basis Points Amid Slowing Labor Market and Inflation Progress
Nov 07, 2024 23:01 pm UTC| Economy
Federal Reserve Cuts Interest Rates by 25 Basis Points Ongoing Inflation Progress and Labor Market Slowdown Drive Feds Decision The Federal Reserve cut its benchmark interest rate by 25 basis points to a range of...
Canada retail sales rises in September
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