Gold prices fell on Thursday as a stronger dollar weighed on demand among overseas buyers. Silver prices also fell sharply, mirroring the drop in gold. A stronger dollar makes commodities priced in the greenback more expensive for overseas buyers. Meanwhile, crude oil prices advanced on Thursday, recovering from two consecutive days of losses. This uptick
US jobless claims edged only slightly higher in the first week of 2026, offering fresh evidence that layoffs remain limited even as the labour market shows signs of cooling. About 208,000 Americans filed new claims for unemployment benefits in the week ended Jan. 3, up from 200,000 a week earlier, according to data released by
US equities opened lower on Thursday, pushing the S&P 500 and the Dow Jones Industrial Average further away from their recent record highs, as weakness in major technology stocks offset a sharp rally in defence names and investors digested fresh labor market data. The S&P 500 slipped 0.1%, while the 30-stock Dow fell 108 points,
Bitcoin and Ethereum holders just got a cleaner way to access cash without selling. Nexo announced the launch of Zero-interest Credit (ZiC) on Thursday, a new borrowing product that charges zero percent interest and zero fees. What makes this different? Borrowers know exactly when they need to repay from day one, and the loan cannot
Chinese regulators have reportedly opened an initial review into Meta Platforms Inc.’s proposed acquisition of artificial intelligence startup Manus, raising questions over how cross-border AI deals are assessed under national security and technology export rules. The transaction, valued at $2 billion and announced in December, is now being examined by Chinese officials to determine whether
If you’ve got $5,000 sitting on the sidelines, three tech names stand out as compelling long-term buys. Each is positioned to capture explosive growth from artificial intelligence: through dominant GPU sales, a critical shortage of memory chips that power AI, and cloud platform and search monetisation engines. Why these three? The structural AI Boom The
Chinese independent refiners are anticipated to increasingly rely on heavy crude from Iran and Russia in the coming months, as Venezuelan oil exports to China stall, according to dealers and analysts. According to a Reuters report, the revision comes after a US-Venezuela agreement that is expected to shift Venezuelan petroleum to the US, reducing access
Cosmos (ATOM) price hovers around $2.41, slightly off the highs of $2.50 reached on Wednesday. With bulls eyeing further gains above a key downtrend line, a break could be on the cards. Overall market conditions will dictate the next moves. However, support for a bullish setup, bolstered by fundamental strength, currently suggests buyers hold the
Private sector job creation turned positive in December, though hiring came in slightly below expectations, according to data released Wednesday by payrolls processor ADP. Companies added 41,000 jobs during the month, reversing a revised loss of 29,000 in November and offering a modest boost to confidence in a labour market that softened toward the end
Coinbase stock price has sunk into a technical bear market in the past few months as sentiment in the crypto industry waned. It was trading at $250 on Tuesday, down sharply from the July high of $444. This article explores what to expect in the coming weeks. Coinbase stock price faces major risks ahead The