Economy

Bank of England holds rates for now

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Bank of England holds rates for now

Economists give their forecasts for when the next rate cut could take place in 2026.

9 months ago

Minute Maid frozen juice concentrates won't be made anymore

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Minute Maid frozen juice concentrates won't be made anymore

Minute Maid helped make orange juice a year-round morning staple in 1946, when it started shipping cans of frozen juice around the U.S.

9 months ago

Bitcoin drops 13%, breaking below $64,000 as sell-off intensifies, doubts about crypto grow

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Bitcoin drops 13%, breaking below $64,000 as sell-off intensifies, doubts about crypto grow

Some market watchers have suggested $70,000 is a key level to watch and a break below that could lead bitcoin to decline further.

9 months ago

Sweden’s Volvo Cars fell over 22% in its worst trading day ever. Here’s why

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Sweden’s Volvo Cars fell over 22% in its worst trading day ever. Here’s why

The Sweden-based automaker posted a substantial drop in fourth-quarter profit, citing tariffs, currency effects and weak demand.

9 months ago

World's largest jeweler jumps as CEO says firm wants to pivot from silver

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World's largest jeweler jumps as CEO says firm wants to pivot from silver

Pandora, the world's largest jeweler by volume, rose in morning trading after the company addressed investor concerns about its reliance on silver.

9 months ago

Gold bulls hold firm after historic metals sell-off

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Gold bulls hold firm after historic metals sell-off

Gold and silver are showing tentative signs of recovery after an intense sell-off. Here's where investment banks see the metals going.

9 months ago

Oil giant Shell posts weakest quarterly profit in nearly five years, keeps buybacks steady

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Oil giant Shell posts weakest quarterly profit in nearly five years, keeps buybacks steady

The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.

9 months ago

Why Asia's richest man and BlackRock CEO want Indians to pick equities over gold

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Why Asia's richest man and BlackRock CEO want Indians to pick equities over gold

Indians are among the leading buyers of gold in the world, but the country has been seeing increasing financialization of savings, with mutual funds growing in popularity.

9 months ago

European stocks finish lower; Bank of England and European Central Bank hold rates steady

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European stocks finish lower; Bank of England and European Central Bank hold rates steady

European stocks closed lower traders monitored more regional earnings reports Thursday.

9 months ago

Cambodia’s tourism sector takes a hit from geopolitical tensions and scam hub stigma

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Cambodia’s tourism sector takes a hit from geopolitical tensions and scam hub stigma

Cambodia's tourism recovery remains fragile amidst attempts to recover from border tensions with Thailand and ongoing scam cases.

9 months ago

Silver resumes its slide, plunging about 13%, after short-lived rebound

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Silver resumes its slide, plunging about 13%, after short-lived rebound

Silver prices slid as much as 16% on Thursday, snapping a two-day rebound as investors continued to unwind positions.

9 months ago

Why Trump Wants a Weaker Dollar

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Why Trump Wants a Weaker Dollar

The approach could boost the economy—unless the president’s policies get in his own way.

9 months ago