Tag: editor-pick

Economy Financial News

Yen Nears 160 Per Dollar, Renewed Intervention Concerns Rise

August 12, 2026
Sophie Laurent

The Japanese yen approached the critical level of 160 per dollar on Tuesday, raising concerns about…

Financial News Geopolitical

Ukraine Drone Strike Hits Major Oil Refinery in Russia

August 11, 2026
Sophie Laurent

Ukraine's military conducted a drone attack on the Orsknefteorgsintez oil refinery in Orsk, Russia, in the…

Economy Financial News

Gold Prices Surge Near Two-Month High Amid CPI Report

August 11, 2026
Sophie Laurent

Gold prices approached $4,450 an ounce on Tuesday, marking their highest level in nearly two months…

Also This Week Financial News

AppLovin Faces Major Sell-Off After Disappointing Q2 Results

August 11, 2026
Sophie Laurent

AppLovin Corporation (APP) experienced its worst stock sell-off since July 2022 following disappointing Q2 earnings, according…

Also This Week Financial News

Germany Faces Production Cuts as Rhine Water Levels Drop

August 11, 2026
Sophie Laurent

Germany is bracing for potential production cuts as critically low water levels on the Rhine River…

Also This Week Financial News

Goldman Sachs: AI Spending Impact on GDP Overstated

August 11, 2026
Sophie Laurent

Goldman Sachs has expressed skepticism regarding the perceived impact of artificial intelligence (AI) capital expenditure on…

Also This Week Financial News

Gold Prices Surge as Wall Street Remains Muted Amid Tensions

August 11, 2026
Sophie Laurent

Gold prices rose sharply on Tuesday, driven by ongoing tensions in the Middle East and the…

Also This Week Financial News

Bellway Calls for Immediate Stamp Duty Cut to Boost Housing

August 11, 2026
Sophie Laurent

Housebuilder Bellway has urged the UK government to implement an immediate cut to stamp duty to…

Also This Week Financial News

Trump Media Reports $238M Loss Amid Crypto Market Decline

August 11, 2026
Sophie Laurent

Trump Media & Technology Group reported a $238 million loss for the second quarter of 2026,…

Also This Week Financial News

Strategy Sells $109 Million in Bitcoin, Builds Cash Reserves

August 11, 2026
Sophie Laurent

Strategy has sold 1,690 Bitcoin for nearly $109 million, marking its second sale this month as…