Bitcoin reached a record high of more than $72,000, demonstrating that the biggest cryptocurrency's rise was unstoppable. Bitcoin reached a high of $72,739 and was last up 4.4% at $72,649.   The world's most valuable cryptocurrency has experienced a surge in value due to expectations that...

Official figures from the European Union's statistics agency (Eurostat) show that the GDP of the Eurozone remained constant in the fourth quarter of 2023 compared to the preceding three months. The economy expanded by 0.1% annually. Both indicators matched the previously released data and a poll...

Jerome Powell, the chair of the US Federal Reserve, hinted on Thursday that if inflation indicators cooperate, interest rate reductions might not be far off.   The head of the central bank hinted that the day may not be far off in comments to the Senate Banking Committee, but he did not give...

China's potential to flood the US market with electric vehicles worries the US, but US incentives can make US-made EVs more affordable, the US energy secretary stated on Wednesday.   At a Washington Axios event, Energy Secretary Jennifer Granholm stated, "We are very concerned about China...

Autocatalyst palladium surged back above $1,000 for the first time since January 12, while gold reached a new high, building on excellent momentum primarily fueled by forecasts for U.S. monetary easing.   As of 2:03 p.m. ET (1903 GMT), spot gold was up 0.8% to $2,145.09 per ounce, having...

According to eight business executives who regularly communicate with the agencies and regulatory officials, U.S. regulators plan to drastically slash the additional capital banks are required to keep as a result of a planned rule that has faced strong opposition from Wall Street.   In July,...

According to Calastone analysis, British investors have been actively buying American equities since October 2023, while keeping their money out of the securities of British corporations. MarketWatch notes that this is yet another illustration of the issues plaguing the stock markets in Britain,...

Nvidia is now the third-biggest company in the world with a higher market valuation than Saudi Aramco. According to trading statistics, U.S. video card developer Nvidia has surpassed Saudi Aramco, the country's state-owned oil and gas company, in terms of valuation, moving up to third place....

Analysts at Bank of America raised their prediction for the US market index S&P 500 at the end of 2024 from 5,000 points to 5,400 points. Analysts do not completely rule out the chance of a brief downturn in the stock market, despite the optimism. The experts claims that since 1929, there have been...