Robinhood misses out on the S&P 500 yet again, with Trade Desk to soon join the index
Trade Desk’s stock is soaring, with the ad-tech company set to replace Ansys in the benchmark index later this week…
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Business
Business
Fed’s Goolsbee warns that new tariff threats could hamper rate cut hopes
In an interview with the Wall Street Journal, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned that ongoing trade policy at the hands of Trump’s constant tariff threats could hamper the ability of the Fed to deliver interest rate cuts that both the broader market and Donald Tru…
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JPMorgan mulls cutting India, China share in Emerging Market Bond Index
JPMorgan Chase considers reducing weight of largest bond issuers in emerging-market index, impacting China and India.
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Germany plans to buy additional 15 F-35 fighter jets, Politico reports
Germany plans to buy additional 15 F-35 fighter jets, Politico reports
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Indian stock market braces for volatile session after fresh copper, pharma tariffs
President Donald Trump’s hints at new tariffs on copper and pharma imports, plus a possible 10% levy on BRICS nations, are making investors jittery
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President Trump’s Tariff Letters Trigger 4.5% Dip in Crypto Market, Stocks Follow Suit
President Trump’s latest tariffs led to a 4.5% drop in the cryptocurrency market, with major coins and crypto stocks struggling. The market faces growing uncertainty as tariffs and shifting Fed rate expectations increase volatility. The post President Trump’s Tariff Letters Trigger 4.5% Dip in Crypto Market…
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Japan Coincident Index fell from previous 116 to 115.9 in May
Japan Coincident Index fell from previous 116 to 115.9 in May…
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Elon Musk Launches New ‘America Party’
Topline Tech billionaire and Tesla chief Elon Musk informally launched his own political party known as the “America Party” on Saturday, he announced on his platform X, further distancing himself from President Donald Trump and the GOP, which became his targets as he recently blasted Trump’s controversial spending megabill. Key Facts Musk said in a
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Elon Musk Suggests His New Political Party Will Target Key Senate, House Seats
Topline Elon Musk suggested a third political party, which he’s floated as the “America Party,” will hold significant sway in the Senate and House under slim Republican margins, as he aspires to form a competing party after breaking with the GOP over President Donald Trump’s signature policy bill. Key Facts Musk tweeted a poll to
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India’s manufacturing rally loses steam on margin, growth woes
As companies boost spending, some investors are questioning whether market demand is keeping pace with the flood of investments. Rich valuations, increased competition and an expiry of government stimulus programs are adding to the unease.
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