S&P 500 Nears 6-Day Slide, Nasdaq 100 Faces Worst Week Since Late 2022: What’s Driving Markets Friday?
U.S. stocks are experiencing declines this Friday, on track of ending another week of negative performance.
Canada’s Capital Gains Tax Rate Jumps To 67%: ‘Highly Indebted Western Governments Have Promises To Keep, Wars To Fund,’ Strategist Says
Canada is the nation with the world's highest capital gains tax rate, significantly surpassing Denmark's second-place rate of 42%.
Is The US National Debt Unsustainable? ‘We Can’t Have A Deficit Of 7% Of The GDP’
IMF raises concerns about US debt, urges lower deficit from 7% of GDP. Gita Gopinath warns of global economic stability threat & crowding out effect.
Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan’s Troubled Province
Saudi Arabia's Manara Minerals is reportedly in advanced talks to acquire a minority stake in Pakistan's Reko Diq gold and copper mine project. The project, located in the commodity-rich province of Balochistan, is on track to start production by 2028.
Israel Strikes Iranian Air Base: Tehran Downplays Attack As Blinken Calls For Calm; Oil Prices Stabilize After Initial Spike
Israel launched a targeted airstrike near an Iranian military airbase overnight, as a retaliatory act to Iran’s aerial attacks that occurred less than a week ago.
European EV Makers Say Climate Goals At Risk As Electric Car Market Is No Longer Growing: ‘People Just Don’t Earn Enough To Buy These…’
The decrease in demand for EVs has led to a surplus, congesting ports and prompting manufacturers to scale back production.
Boeing Grapples With 32 Whistleblower Complaints In 3 Years Amid Mounting Safety Concerns: Report
Boeing has been hit with 32 whistleblower complaints over the past three years, with the U.S. workplace safety regulator investigating allegations of employer retaliation.
Apple Bows To China’s Security Concerns: Pulls 2 Meta Products From App Store
This development could be associated with a new regulation introduced last August, mandating all apps in China to register with the government or face removal
Has Robinhood Halted 24-Hour Trading? Social Media Explodes With Screenshots And Theories: ‘Tomorrow Is Not Going To Be Pretty’
Robinhood Markets has purportedly ceased 24-hour trading, raising concerns among investors. This action is said to align with the increasing tensions between Iran and Israel.
TSMC Cautions Red-Hot Chip Industry Growth Could Cool Amid Declining Automotive Chip Demand
Taiwan Semiconductor has cautioned that the red-hot growth in the chip industry might be cooling down, citing a potential decline in automotive chip demand.