The financial world shifted on its axis this Friday as President Donald Trump officially nominated Kevin Warsh to succeed Jerome Powell as Chair of the Federal Reserve. This appointment is far from a mere administrative baton-pass; it represents a fundamental pivot in the world’s most powerful economic engine. Warsh, a former Fed governor and Wall
China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a prolonged property slump, and slowing exports weigh on the world’s second-largest economy. On Thursday, the State Council released a work plan aimed at boosting services consumption over the coming years, spanning cruise and yacht tourism,
The United States Department of Justice has completed the forfeiture of more than $400 million in cryptocurrency and other assets linked to Helix, an early darknet crypto mixing service. The move follows a final court order from the US District Court for the District of Columbia, giving the government full legal title to assets seized
Gold and silver prices came to a screeching halt on Friday as the precious metals experienced wild swings to the downside. Silver prices on COMEX, which peaked above $120 per ounce earlier this week, fell below $100 on Friday. Meanwhile, gold prices briefly fell below the crucial mark of $5,000 per ounce earlier on Friday,
Due to heightened geopolitical risks and uncertainties surrounding US trade policy, Bank of Canada Governor Tiff Macklem has warned that the Canadian economy faces an exceptionally high risk of a new shock. In an interview with Reuters on Wednesday, Macklem stated that more variables than usual could affect the central bank’s economic projections. Macklem stated,
Comcast’s latest earnings underline how the company’s business mix is changing as pressure builds on its traditional cable operations. While the group beat expectations on earnings in the fourth quarter, a small revenue miss and continued broadband customer losses highlighted the competitive strain facing US cable providers. At the same time, steady growth in mobile,
While Intel (NASDAQ: INTC) draws attention with government support and Nvidia (NASDAQ: NVDA) dominates the AI headlines, another semiconductor giant has been quietly building scale in the background. Broadcom (NASDAQ: AVGO) has returned 61% over the past year as of January 28, 2026, comfortably beating Nvidia over the same stretch. Behind that performance, AI-related revenue
Gold and other traditional safe-haven assets are surging amid a softening US dollar, yet Bitcoin continues to falter. This week, gold pushed past the $5,000 mark, setting fresh all-time highs and building on its strong momentum. Silver also joined the rally, climbing above $120 per ounce. However, and in stark contrast, Bitcoin continued to struggle.
Teladoc stock price crashed to a record low as demand for its services waned after the pandemic. It plunged to a low of $5.74, down sharply from the all-time high of $308, with its market capitalization falling from a high of $46 billion to the current $1 billion. This crash may continue as the stock
Silver has been in an unusually strong uptrend in recent weeks – rallying more than 60% since the start of this year, effectively compressing a multi-year move into less than 30 days. Speaking this morning with CNBC, Tom Sosnoff – the cofounder of LossDog – agreed this massive rally in silver is unlike anything he’s