From global politics to corporate megadeals and domestic economic shifts, Friday’s headlines capture major developments. Trump slams India-Russia-China summit ties. Thailand gets its third PM in two years amid political chaos. Musk eyes $1 trillion Tesla pay package tied to massive growth targets. US jobs market stalls with only 22,000…
The Schwab US Dividend ETF (SCHD) is struggling this year. While its net inflow is over $5.47 billion, recent data show that the fund has not had traction among investors. SCHD ETF now has over $72 billion in assets under management (AUM), making it one of the biggest funds in the…
SoundHound AI Inc (NASDAQ: SOUN) is extending gains today after announcing another major foray into healthcare services. According to the company’s press release, Primary Health Solutions (PHS) – a Federally Qualified Health Center based in Ohio has agreed to use its voice-enabled AI platform to streamline patient interactions.The system dubbed “Denise”…
Opendoor stock had another explosive day on Friday, jumping 14% as this real estate platform continues one of the most talked-about rallies on Wall Street. The stock is now flirting with 52-week highs after what can only be described as a ride that’s got retail traders, hedge funds, and analysts…
A turbulent night across Washington, Brussels and Wall Street offered a snapshot of the political and economic crosscurrents shaping global markets, from Donald Trump’s search for a new Federal Reserve chair to an unprecedented US immigration raid halting construction at a massive Hyundai facility in Georgia.Trump narrows Fed chair contendersPresident…
India’s finance minister stated on Friday that the country would continue purchasing Russian oil due to its economic benefits. This decision comes despite the Donald Trump administration’s imposition of substantial import tariffs on Indian goods, partly attributed to India’s energy acquisitions from Moscow.India, the world’s third-largest oil importer and consumer, has…
The Ibovespa climbed more than 1% on Friday, setting a fresh intraday record above 142,000 points, after weaker-than-expected US labour data strengthened expectations of imminent Federal Reserve rate cuts.InfoMoney reported that the benchmark index rose 1.60% to 143,248 points at 10:40 am in Brasília, after touching a new all-time high…
Europe’s political and economic landscape shifted sharply on Friday, with the shock resignation of Angela Rayner from the UK government, a record EU fine against Google, Nigel Farage plotting a return to mainstream politics, and Norway bracing for one of its tightest elections in years.Angela Rayner resigns after ministerial code…
Brazil’s central bank is readying a set of regulatory measures designed to mitigate the risk of cyberattacks on the national payments system and combat the use of fintechs by organised crime, Reuters reported, citing sources.According to Deputy Minister of Finance Fábio Silveira, the measures, which will be announced at a…
Football economics have gone insane in past years. Normal fans are amazed. But the numbers no longer shock insiders. Football clubs are now surpassing the billion mark in annual revenue. The English league is breaking transfer record after transfer record. Private equity groups, credit funds and sovereign wealth managers are…