How Surging Onion Prices in India are Shaking Up the Economy
Onion prices in India have surged dramatically over the past year, causing widespread concern across the nation. This essential ingredient in Indian cuisine has seen its cost skyrocket by 165%,…
US dollar slightly weaker on diminishing inflation
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar slipped on Friday after data showed inflation in the world’s largest economy subsided last month, cementing expectations the Federal Reserve will…
Court weighs postponing Citgo auction bid hearing to September
(Reuters) – A U.S. court has been asked to postpone to September 19 a hearing to present the high bid in an auction of shares in the parent of Venezuela-owned…
Gold Breakouts: Essential Strategies for Navigating Market Volatility
Gold breakouts have always intrigued investors and market analysts. Since the end of the Gold Standard in 1971, gold has made several significant breakouts. Understanding these breakouts helps us navigate…
Climate activists arrested after protest at Citi’s New York headquarters
By Makailah Gause and Chibuike Oguh (Reuters) -Dozens of climate activists were arrested after protesting at Citigroup’s headquarters in New York on Friday as part of what they called a…
Oil eases on weak US fuel demand, profit taking
By Nicole Jao NEW YORK (Reuters) -Oil prices fell slightly on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key…
Oil eases on weak U.S. fuel demand
By Nicole Jao NEW YORK (Reuters) -Oil prices fell slightly on Friday as investors weighed weak U.S. fuel demand, but key inflation data for May boosted the chances of the…
Column-Dollar is only winner from China-West trade war: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – The only “winner” from a possible all-out trade war between the West and China will probably be the U.S. dollar. Uncertainty around global…
South African rand rallies on hope DA and ANC can agree on cabinet posts
JOHANNESBURG (Reuters) -The South African rand rallied on Friday on optimism that the Democratic Alliance (DA) and African National Congress (ANC) would reach an agreement over cabinet positions, a day…
AI’s Financial Impact: Key Findings from BIS
The Bank for International Settlements highlights AI’s transformative potential in the financial sector. By enhancing data processing capabilities, AI models, particularly large language models (LLMs), streamline regulatory compliance, fraud detection,…
