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Economy

US industrial production rises 0.7% in april, beats estimates

US industrial production rebounded strongly in April, while retail sales continued to show resilience despite mounting inflationary pressures across the economy. According to

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Economy

Commodity wrap: Gold dives 3%, silver sinks 10% as oil climbs on Hormuz fears

Gold prices slid more than 3%, and silver plunged over 10% on Friday as sentiment in the precious metals market soured drastically.  Oil

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Economy

Why Nvidia stock is crashing around 4% on Friday

Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record

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Gold

US jobless claims rise while retail sales in April grow on higher gasoline prices

US unemployment claims rose moderately last week but were still within acceptable limits as businesses refrained from executing mass-level layoffs even as they

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Gold

US retail sales increase 0.5% despite inflation pressures

 US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data

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Gold

Klarna stock: here’s why this Affirm rival is pumping today

Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by

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Gold

Dow reclaims 50,000 as Nvidia, Cisco rally lifts US stocks higher

US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued

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Gold

Grvt expands wealth platform with Centrifuge yield integration

Grvt, a self-custodial onchain trading and wealth platform built on ZKSync, announced Thursday that it is integrating the Janus Henderson Anemoy Treasury Fund

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Gold

Oobit’s Colombia launch signals a bigger shift in crypto payments

Oobit, the crypto payments platform backed by stablecoin issuer Tether, has officially launched in Colombia, its ninth live market and the latest leg

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Gold

Nvidia tops $230 mark: here’s why analysts say NVDA still cheap ahead of earnings 

Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing

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