Bitcoin surged to $69,931.49 on Thursday. This marks a big recovery after months of selling pressure.…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Sats Shares Drop Over 10% on Q1 Profit Margin Concerns
Shares of Sats fell more than 10% on Thursday after the company reported its first-quarter results.…
Evergrande Founder Hui Ka Yan Sentenced to Life in Prison
Hui Ka Yan, the founder of China Evergrande Group, was sentenced to life in prison on…
Trump Calls for Passage of Crypto Clarity Act in Congress
U.S. President Donald Trump urged Congress to pass the Clarity Act, a plan for regulating digital…
AIA Group Sees 11% Profit Growth, New Business Hits $3.21B
AIA Group, Asia’s largest publicly listed life insurer, reported an 11% increase in first-half operating profit,…
Trump Launches Unprecedented Economic Operation Against Iran
U.S. President Donald Trump announced on Wednesday a new economic operation against Iran. He called it…
US National Debt Surpasses $40 Trillion for First Time
The United States national debt has surpassed $40 trillion for the first time, according to the…
UnitedHealth Disputes IRS Tax Proposal on Foreign Subsidiary
UnitedHealth Group is challenging an Internal Revenue Service (IRS) proposal to raise its taxable income related…
Estée Lauder Beats Sales Estimates, Raises Profit Forecast
Estée Lauder Companies reported quarterly results that beat analyst expectations, showing progress in its turnaround plan.…
Gold Prices Surge Over 3% After Treasury Liquidity Support
Gold prices rose over 3% on Wednesday, reaching their highest level since early June. This increase…