US household wealth is booming. Net worth crossed $181 trillion in late 2025, driven by soaring stock markets and still rising home values. The President recently declared the start of an “economic” boom in the United States. He also celebrated the “defeat” of inflation. But at the same time, the majority of Americans say the
As weight-loss drugs fuel a dramatic shift in American waistlines, Wall Street is eyeing an unexpected beneficiary of the trend: the airline industry. Analysts at Jefferies suggest that the widespread adoption of obesity drugs could lead to significant fuel savings for carriers, as lighter passengers reduce overall aircraft weight and enhance fuel efficiency. With fuel
Canada is betting on a faster reset with China after months of trade disruption that hit farmers, seafood exporters, and the wider supply chain. During Prime Minister Mark Carney’s visit to China this week, Ottawa said it expects Beijing to cut tariffs on Canadian rapeseed, known locally as canola, by March 1. The shift would
The cryptocurrency market rally has stalled after Bitcoin briefly touched the $98k level on Wednesday. At press time, Bitcoin is trading above $95,500, up 5% in the last seven days. Leading altcoins Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps, hovering around key levels after their upside moves. Market analysts are optimistic that Bitcoin’s price
Toncoin (TON) has experienced recent volatility as broader market conditions weigh on cryptocurrencies. The token is currently priced at $1.72, down 3.3% over the past 24 hours. This decline comes despite a 30-day gain of 14.71%, illustrating the high-beta nature of TON in volatile markets. The cryptocurrency is underperforming the broader crypto market, which has
Wall Street’s largest banks have closed out 2025 on a high note, delivering record revenues and rising profits as a rebound in dealmaking, buoyant trading activity, and resilient lending helped defy earlier fears of a slowdown. The fourth-quarter earnings season, led by results from Goldman Sachs and Morgan Stanley, underscored a renewed sense of confidence
Gold prices continued to fall on the last day of the week as a stronger dollar and improved risk appetite dented demand for the precious metal. Silver was also in the red as prices fell below the $90-per-ounce mark. Meanwhile, oil prices climbed after falling sharply in the previous session. Investors resorted to lower-level buying
Brazil’s General Price Index-10 (IGP-10) reopened the year under renewed pressure from producer and consumer prices, recording an 0.29% uptick in January, according to data released by the Getulio Vargas Foundation (FGV) on Friday. That was followed by a tiny, but positive, 0.04% increase in December, meaning that year-start monthly price dynamics clearly picked up
A bipartisan group of US lawmakers moved to stabilise critical mineral markets on Thursday, introducing a bill that would establish a $2.5 billion national stockpile aimed at boosting domestic mining and refining. Washington’s new bill is the latest measure intended to counteract what its policymakers see as China’s price manipulation of critical minerals like lithium,
Spotify is lifting the price of its Premium subscription service by 8%, underlining how major streaming platforms are leaning more on subscription revenue to support sustained profitability. The Swedish audio group said on Thursday that US prices will rise to $13 a month, marking its first increase for American users since 2024. Spotify is also