September 9, 2025
Gold rallies to record high above $3,600/oz as Federal Reserve rate cut bets firm
Gold surged past the $3,600 an ounce level for the first time, hitting a record high, as soft U.S. labor data reinforced expectations the U.S. Federal Reserve will cut interest rates next week.
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September 8, 2025
Dollar drops against peers after weaker-than-expected jobs report
The U.S. dollar fell sharply against major peers to end last week after crucial monthly jobs data showed that American employers hired fewer workers than expected, which affirms weakening labor market conditions and likely guarantees a Federal Reserve interest rate cut. U.S. job growth weakened sharply in August and the unemployment rate increased to nearly […]
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September 8, 2025
Robinhood to join S&P 500 in watershed moment for US fintech sector
Robinhood Markets will replace casino operator Caesars Entertainment in the benchmark S&P 500, marking a pivotal moment for the financial technology sector as the retail trading platform joins the ranks of the most influential U.S. companies.
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September 8, 2025
Tether holds talks to invest across gold supply chain
Stablecoin issuer Tether, the creator of USDt, has begun discussions with mining and investment groups about deploying capital across the gold supply chain. The move would further diversify Tether’s portfolio risk.
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September 5, 2025
Whales lose millions on Trump-linked WLFI’s 40% dip
Big crypto investors, or whales, were suffering millions in losses on the Trump family-linked World Liberty Financial token, which continued to decline despite a proposal to reduce the circulating supply.
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September 5, 2025
GM cuts output, delays work at major EV factories
General Motors is cutting output at one of its main electric-vehicle factories, the latest automaker to pull back on EVs as U.S. President Donald Trump’s administration yanks federal support for green cars.
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