Daily Updates Archives - Page 6 of 111

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Gold Price Surges to Record High Amid Fed Rate Cut Expectations

by Kashish Murarka · August 17, 2024

The gold price has recently reached a record high, driven by widespread expectations of Federal Reserve rate cuts. As the global economy navigates a complex landscape, investors are increasingly turning ...

Drone Delivery Struggles: Amazon Faces Backlash in Texas

by Kashish Murarka · August 17, 2024

Drone delivery, once hailed as the future of rapid shipping, has hit significant turbulence in Texas. Amazon, through its Prime Air program, is facing unexpected challenges as it seeks to ...

Hindenburg Allegations Threaten India’s Market Stability

by Kashish Murarka · August 16, 2024

The recent Hindenburg allegations have sent shockwaves through India's financial landscape. Investors are now questioning the stability of the Indian stock market. The U.S.-based short-seller, Hindenburg Research, targeted not just ...

UBS CEO Warns of Market Volatility Amid U.S. Uncertainty

by Kashish Murarka · August 15, 2024

The global economic landscape is shifting rapidly, and UBS CEO Sergio Ermotti has issued a stark warning about the potential for increased market volatility in the coming months. Speaking recently, ...

Inflation Outlook Hits Record Low, Easing Consumer Concerns

by Kashish Murarka · August 13, 2024

The latest inflation outlook shows promising signs of relief for consumers. According to the New York Fed Survey, the three-year inflation outlook has hit a record low, easing concerns about ...

British Pound Faces Decline Amidst Growing UK Unrest

by Kashish Murarka · August 12, 2024

The British Pound is currently facing an unprecedented decline, driven by escalating UK unrest and deepening UK economic challenges. As the GBP/USD currency pair continues to reflect this turmoil, traders ...