Gold and silver prices plunge after Warsh's Fed nomination

A massive sell-off swept global commodity markets on February 2, 2026, hammering gold, silver, oil, and industrial metals as investors reacted to President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair. The rout rippled through stock markets worldwide, with Asian exchanges......

Asian markets soar on RBA rate hike and US-India trade deal

Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......

How US inflation evolved across history and presidencies

Inflation in the United States has experienced significant fluctuations over the past century, reflecting broader economic trends, crises, and policy decisions. The consumer price index (CPI), the primary measure of price changes, tracks how much more consumers pay annually for a consistent basket of......

Global markets plunge after Trump's Fed chair pick

Stock markets worldwide tumbled sharply on Monday as investors grappled with President Donald Trump's nomination of Kevin Warsh as Federal Reserve chair, sparking broad sell-offs in equities, precious metals, and cryptocurrencies. The Friday announcement prompted traders to reassess U.S. monetary......

Copper prices plunge amid broad metals sell-off shaking global markets

Copper prices tumbled sharply on Monday for the second straight session, swept up in a widespread sell-off of commodities that rattled markets from South Africa to London and hammered mining stocks worldwide. The red metal slid toward $5.70 per pound in U.S. trading, extending Friday's steep losses......

Aviation leaders warn of supply chain strains and geopolitical risks

Aviation industry leaders gathered at the Changi Aviation Summit in Singapore raised alarms over persistent supply chain disruptions and escalating geopolitical tensions that threaten the sector's ability to meet surging global demand. Speaking ahead of Asia's largest airshow, Willie Walsh, director......

China's solar capacity to surpass coal for first time in 2026

Elon Musk has sounded the alarm on China's explosive energy expansion, predicting the country's electricity generation will triple that of the United States within two years, driven by unprecedented solar development. "China's electricity production continues to grow at a staggering......

China leads world's largest foreign currency reserve holders

China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......

Waymo aims to raise 16 billion dollars to expand autonomous vehicle services

Waymo, the global leader in self-driving technology and a subsidiary of Alphabet, is preparing a new funding round to raise approximately $16 billion, potentially valuing the company at nearly $110 billion. Alphabet is expected to contribute around $13 billion, with the remainder coming from investors......

Fuel prices rise again in Morocco as diesel and gasoline costs increase

After a brief period of decline, fuel prices in Morocco have resumed their upward trend at the beginning of February. Diesel prices increased by approximately 35 centimes per liter, while unleaded gasoline rose by nearly 11 centimes per liter at retail stations starting Sunday, February 1. These adjustments......

Capgemini to sell subsidiary working with US immigration agency ICE

French digital services group Capgemini announced on Sunday that it has decided to sell a subsidiary providing services to the US Immigration and Customs Enforcement agency (ICE), following growing criticism over its involvement with the controversial federal body. The company said the decision was......

European stocks set for longest monthly winning streak since 2021

European stocks climbed on Friday, capping off their strongest January rally in years as robust earnings from Adidas and Swatch bolstered investor confidence amid lingering concerns over geopolitical tensions and U.S. trade policies. The pan-European STOXX 600 index rose in early trading and headed......

Trump nominates Kevin Warsh to lead Federal Reserve

President Donald Trump has selected Kevin Warsh, a former Federal Reserve governor, to succeed Jerome Powell as chair of the U.S. central bank. The announcement, shared on Trump's Truth Social platform, underscores his belief that Warsh possesses exceptional qualifications and will rank among the......

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