Gold Prices Fall Amid Strong US Dollar and Fed Rate Hike Expectations
Gold declined nearly 1% this week as a robust US jobs report boosted the dollar and fueled expectations that the Federal Reserve will maintain higher interest rates longer.
Markets & Macro
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Peeva Beverages Secures One-Year Sponsorship Deal with Medeama SC
Peeva Beverages has entered a one-year partnership to become the official beverage sponsor of Medeama Sporting Club, strengthening ties between the brand and the football club.
Markets & Macro
India’s GDP Growth Set to Slow to 6.6% in Fiscal Year 2027 Amid Economic Challenges
India’s economy is projected to slow down to a 6.6% growth rate in FY27, affected by rising crude prices, weaker monsoon rains, and increasing inflation, according to a recent report.
Markets & Macro
U.S. Labor Market Surges with Robust Job Growth and Shrinking Foreign Workforce
Job creation accelerates with over 188,000 new monthly positions amid shrinking foreign labor participation and rising factory output, signaling a strong post-recession economy.
Markets & Macro
Strong Jobs Report Triggers Sharp Tech Selloff and Market Drop
U.S. stocks fell sharply after robust job growth stoked fears of prolonged higher interest rates, triggering a steep decline in tech shares and rising Treasury yields.
Markets & Macro
Trump Praises Job Growth and Proposes AI Financial Participation for Americans
President Trump highlighted robust employment gains, urged for lower interest rates, and introduced plans to share artificial intelligence profits with the public while assuring progress on Iran's nuclear threat.
Markets & Macro
Trump Highlights Surprising U.S. Job Growth in May While Criticizing Fed’s Rate Policy
President Donald Trump praised May’s robust job figures, emphasizing strong gains in manufacturing and construction while renewing his criticism of Federal Reserve interest rate hikes.
Markets & Macro
Hollywood Executives Received $746 Million Amid Industry Job Cuts in 2025
While Hollywood shed over 17,000 jobs in 2025, top executives collected nearly $750 million in compensation, highlighting growing pay inequality in the entertainment sector.
Markets & Macro
Wall Street Falls Sharply as Technology Stocks Plunge Amid Rate Hike Concerns
Wall Street’s nine-week rally ended with steep losses as chip stocks plunged and strong jobs data heightened fears of Federal Reserve interest rate hikes.
Markets & Macro
Tech Stocks Slide Sharply Amid Fed Rate Hike Concerns and AI Chip Sector Doubts
Tech shares led a broad market decline as investors weighed renewed Federal Reserve rate hike fears alongside uncertainty over the sustainability of the AI-driven chip industry boom.
Markets & Macro
US Labor Market Adds 172,000 Jobs, Defying Recession Concerns
The US economy added 172,000 jobs last month, signaling steady labor market growth amid inflation worries and global uncertainties.
Markets & Macro
Essential Sweet Treats and Baking Staples to Buy at Trader Joe’s from a Former Pro Baker
A former professional baker shares her top picks for sweet treats and essential baking ingredients at Trader Joe’s that elevate home baking and dessert enjoyment.