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04 Apr 2025 04:02

Tesla's layoff plan includes US and China

Daily News

Tesla’s global layoff plan includes sales, technology and engineering in the automaker’s two biggest markets, the United States and China, according to five sourc...

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04 Apr 2025 04:02

Pricing 5% into US bond yields

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Powell’s comments had an impact on the bond market, with US bond yields reaching their highest level of the year. The two-year bond yield, which is sensitive to t...

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04 Apr 2025 04:02

Powell signals interest rates may remain high

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US Federal Reserve (Fed) Chairman Jerome Powell indicated that the latest data showed that further progress had not been made in returning to the inflation target...

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04 Apr 2025 04:02

Gold continues to trend sideways

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Gold held near record highs even as investors weighed a shift in message from Fed Chairman Jerome Powell, who said the U.S. central bank would likely keep interes...

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04 Apr 2025 04:02

Horizontal trend in oil

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Oil fluctuated within a narrow range as risk aversion dominated broader markets and investors watched Israel’s response to Iran’s attack. U.S. crude was little ch...

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04 Apr 2025 04:02

Market Fed forecast

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Despite Fed Chair Jerome Powell’s message that “interest rates will fall later than expected,” market players have begun to position themselves in SOFR futures in...

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04 Apr 2025 04:02

Economists' Fed forecast

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While the market is greatly curious about when the Fed will cut interest rates, there have been differences of opinion among economists. While some economists see...

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04 Apr 2025 04:02

ECB eyes on exchange rates

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European Central Bank (ECB) President Christine Lagarde said they were monitoring the changes in currencies very carefully. It is almost certain that the European...

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04 Apr 2025 04:02

Sharp decline in oil prices

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Oil fell sharply amid a series of conflicting signals, from rising inventories to tensions in the Middle East and the reimposition of U.S. sanctions on Venezuelan...

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04 Apr 2025 04:02

Minneapolis Fed President Kashkari: Fed can keep interest rates steady

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Minneapolis Fed President Neel Kashkari said the Fed “potentially” could keep rates steady all year. The Fed needs to gain more confidence that inflation is slowi...

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04 Apr 2025 04:02

Asian stock markets dominated by red

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Japan’s Nikkei led losses in Asian markets after news of Israel conducting an operation in Iran. Japan’s Nikkei 225 index led losses in Asia on Friday, falling 3....

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04 Apr 2025 04:02

Oil rises on news of attacks

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Oil prices rose more than 3 percent after unconfirmed reports of explosions near the Iranian city of Isfahan. Oil prices jumped after U.S. officials said Israel h...

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04 Apr 2025 04:02

New record from gold

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Gold rose above $2,400 an ounce as concerns about rising tensions between Israel and Iran fueled safe-haven demand. Bullion rose as much as 1.3%, heading for a fi...

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04 Apr 2025 04:02

Israel launches retaliatory attack on Iran

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American media reported, citing US officials, that Israel had carried out an attack on Iranian territory. The news of Israel’s attack on Iran, which was first rep...

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04 Apr 2025 04:02

Tiktok decision from the US: Either it will be sold or banned

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The U.S. Senate has approved a bill to block TikTok, a social media platform owned by Chinese giant ByteDance, which would either sell it within a year or ban it....

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04 Apr 2025 04:02

US Senate approves aid package for Ukraine, Israel, Taiwan

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The US Senate approved a total of $95 billion foreign aid package, including $61 billion in military aid to Ukraine and $26 billion to Israel, and sent it to the ...

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04 Apr 2025 04:02

Tesla's profits fell 55 percent in the first quarter

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US electric car manufacturer Tesla's net profit fell by 55 percent in the first quarter of this year compared to the same period last year due to falling sales an...

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04 Apr 2025 04:02

Oil maintains gains

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Oil holds gains on stockpile data, Iran sanctions focus. Oil held onto gains after a report showed U.S. crude inventories were falling and investors watched for p...

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04 Apr 2025 04:02

Calm cruise underneath

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Gold is trying to find balance after two days of declines amid easing tensions in the Middle East. Gold is holding steady ahead of U.S. data due later this week t...

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04 Apr 2025 04:02

RELATED NEWS IBM increases revenue in the first quarterIBM increases revenue in the first quarter Bloomberg HT News NEWS SUBSCRIBE TikTok CEO: Rest assured, we are not going anywhere

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Following the approval of the law by US President Joe Biden that would ban TikTok, TikTok CEO Shou Zi Chew stated that they expect to win the legal battle they wi...

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04 Apr 2025 04:02

Meta doubles its profits

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Meta, the owner of Facebook, Instagram, and WhatsApp, reported revenue of $36.5 billion in the first quarter of this year, up 27 percent from the same period last...

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