Currency markets

Crypto super PAC network goes into 2024 with more than $75 million as it aims to influence election

Three allied political action committees funded by leaders of the cryptocurrency industry will be starting 2024 with a combined $78…

Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’

LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…

Bank of England set to hold interest rates as economists debate 2024 cuts

LONDON — The Bank of England is all but certain to keep its main interest rate unchanged at 5.25% for…

India overtakes Hong Kong to become the world’s seventh largest stock market

India’s stock market value has overtaken Hong Kong’s to become the seventh largest in the world as optimism about the…

Fed is ‘disconnected’ from reality, must cut rates 5 times next year, portfolio manager says

The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy…

Case for gold fever: NewEdge Wealth sees record rush intensifying

The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year…

Why cautious investors may want to look beyond high-yield savings accounts

Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active…

Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy

Argentina’s Javier Milei, a far-right political outsider often compared to former U.S. President Donald Trump, vowed to deliver on his…

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate…

Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation

LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data…