Price, relevance, conviction — Bitcoin (BTC-USD) is bleeding all three. The world’s largest cryptocurrency slipped below $76,000 in thin weekend trading, dropping about 40% from its 2025 peak and revisiting levels last seen in the aftermath of the “Liberation Day” tariff fallout. What began as a sharp crash in October has morphed into something more […]
In a housing market that’s slow for almost everyone, condominium owners have been particularly unlucky. Condo prices tend to cool faster than single-family homes during downturns and lag during recoveries due to their smaller buyer pool. In recent years, the condo market has weakened to levels on par with those following the 2008 financial crisis. […]
The Greek economy seems to have come a long way since the crisis years. Borrowing costs have dropped significantly, access to markets has become much easier, and the country is now viewed with greater confidence by international investors. On the back of Greece’s economic recovery, the nation now faces a new prospect: a possible return […]
Venezuela is edging toward what could become the most consequential energy shift in a generation. Interim President Delcy Rodriguez reportedly met with senior international oil executives this week at a PDVSA facility, as the government opens consultations on a partial reform of the country’s Organic Hydrocarbons Law. The proposed changes, now moving through Venezuela’s National […]
(Bloomberg) — Gold surged to a record high above $5,300 an ounce, extending a breakneck rally fueled by US dollar weakness and a flight from sovereign bonds and currencies. Bullion rose as much as 2.5%, building on a 3.4% jump on Tuesday — its biggest one-day gain since April. President Donald Trump said he was […]
(Bloomberg) — US mortgage rates climbed for the first time in four weeks, halting an early-year upswing in home purchase and refinancing activity. The contract rate on a 30-year mortgage rose 8 basis points to 6.24% in the week ended Jan. 23, according to Mortgage Bankers Association data released Wednesday. In the previous week, home-financing […]
Amazon (AMZN) on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation hours early. Reuters reported on Friday that Amazon intended to lay off thousands of corporate employees starting this week. But the company has not yet informed […]
(Bloomberg) — China’s only pure-play silver (SI=F) fund halted trading on Wednesday, after a frenzied wave of investment drove its premium significantly above the value of its underlying assets. The UBS SDIC Silver Futures Fund LOF is halting trading until 10:30 a.m. Beijing time, the fund’s manager said in a statement. It also paused new […]
The Federal Reserve is widely expected to hold interest rates steady at its policy meeting this week, following three successive cuts at the end of 2025. So all eyes will be on how long officials signal they plan to hold rates steady. “My expectation is they’re signaling a pause,” Esther George, former president of the […]
A new trade deal between India and Europe is just the latest pact announced in less than a month’s time that doesn’t involve the United States. Long-delayed European plans for increasing trade with a bloc of South American nations also took a step forward, as has a limited trade deal between Canada and China to […]
JOHANNESBURG, Jan 27 (Reuters) – China’s role as a leading financier to developing nations has shifted over the past decade, with new loans to poorer countries falling sharply while debt repayments continue to rise, according to analysis released by ONE Data. The inaugural report by the ONE Data initiative found that many low- and middle-income […]
Us stock futures climbed Tuesday morning as Wall Street headed into a packed earnings week and investors look ahead to the Federal Reserve’s upcoming interest rate decision. Futures tied to the Dow Jones Industrial Average (YM=F) hovered around the baseline. S&P 500 futures (ES=F) rose 0.4%, while Nasdaq 100 futures (NQ=F) climbed 0.7%. During Monday’s […]
