US stocks moved higher on Tuesday, with the Dow Jones Industrial Average setting another all-time high, as investors digested weaker-than-expected retail sales data and looked ahead to key labor market and inflation reports later in the week. The Dow Jones Industrial Average rose 239 points, or about 0.5%, extending its recent run of record highs.
A political and crypto-linked controversy has emerged in Washington after reports that a UAE royal–connected group invested $500 million in World Liberty Financial, a crypto project linked to the Trump family. The investment has triggered a congressional investigation led by US Representative Ro Khanna, who is examining whether the deal raises conflict-of-interest or national security
Argentina, Guyana, and Brazil are on track to spearhead Latin American oil production growth in 2026, though the potential reintegration of Venezuelan output casts uncertainty over the region’s long-term capital expenditure outlook, Rystad Energy said in its latest update. Despite the supermajors’ long-term caution regarding underwriting risks in Venezuela, the country is seeing increased engagement
Precious metals are experiencing renewed selling pressure, with silver prices falling sharply on Thursday. This decline has largely erased the brief rebound the sector saw earlier this week. On COMEX, the March silver contract shed more than 13% on Thursday, while gold fell more than 2% below $4,900 per ounce. Meanwhile, oil prices also fell
Silver prices continued to drop on Friday as the metal headed for its second weekly decline on a stronger dollar and profit-taking. The recent renewed weakness highlighted the extent of the technical damage caused by last Friday’s historic sell-off. This development calls into question whether the previously most powerful bull run in metals history can
Tether is stepping further into tokenised real-world assets with a strategic investment in Gold.com, signalling a deeper commitment to blockchain-based gold exposure. The stablecoin issuer’s investment arm has acquired an approximately 12% stake in the precious metals platform, a deal valued at $150 million. The move links Tether Gold, its gold-backed cryptocurrency, with a platform
The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided Monetary Policy Committee (MPC) as the decision was marked by a narrow 5-4 split. Despite the hold, the central bank signaled that a further reduction is likely in the coming months, provided
The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy
The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback
Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a