A tighter labor market and lower jobs opening shows that inflation pressure continue. Companies are adopting a cautious before the Fed’s September meeting.
The recent decision by the Bank of England (BoE) to increase interest rates has further compounded the issue of declining home sales in the UK.
At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data.
The court ruled that the SEC failed to provide sufficient evidence as to why Grayscale’s application to convert its Bitcoin Trust to a spot ETF was denied while the agency approved a futures ETF.
Grayscale’s victory over the US SEC marks a milestone event which can open up the gates of approval for the spot Bitcoin ETF.
The decline in handset sales, a challenge faced not only by Xiaomi but also by other smartphone manufacturers, has pushed the company to explore new avenues for growth.
The inflation and jobs data will play a crucial role in further market movements.
BYD faces fierce competition from both domestic rivals and Tesla in a relentless price war. The battle for market share led to price cuts from all sides, with the goal of increasing accessibility and product penetration.
With the infusion of assets and insights from Didi, Xpeng is seizing the opportunity to develop an affordable electric car under a new mass market brand, codenamed “MONA”.
Huge stock selling for the China’s Evergrande Group trigged on Monday, as trading for the stock started a month after the real estate giant filed for the US bankruptcy.
Watches of Switzerland Group has undergone rapid expansion in recent times, establishing itself as a dominant force in the global market.
Both companies are also planning to launch three types of Bitcoin Futures ETFs.
Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier.
The flipside to Nvidia’s triumph is the ongoing struggle of its AI competitors.
In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors.