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In corporate news, AI firm Perplexity offered Google $34.5 billion for its Chrome web browser, which it may have to sell as part of antitrust proceedings. Intel rose 5.5 per cent on Wall Street after ...
Gold and silver steady after U.S. CPI meets forecasts. Fed rate cut bets and weaker dollar support metals, while risk-on ...
Shares have advanced in Asia after the U.S. stock market rallied to records when data showed inflation across the United ...
The dollar fell to a two-week low against a basket of currencies and Commerzbank said Trump’s attacks on the Fed and Bureau of Labor Statistics posed a threat to the greenback’s outlook.
Lower rates make risky assets like stocks and digital assets more attractive relative to lower-yielding investments like bonds.
This week's inflation report showed core inflation remains stubbornly high. But the stock market rallied Tuesday on hopes the Federal Reserve will be able to cut interest rates in September.