EconomyInternational
Fed Hikes Rates for First Time in Three Years
The Federal Reserve raised interest rates 25 basis points to 3.75%-4%, its first hike since 2023, as inflation and oil prices stay elevated.
—7 min read
Tag
#Global Markets
3 articles
BusinessEconomy
AI Stocks Resume Decline, Dragging Global Markets Lower
AI stocks tumbled Tuesday as Samsung's record earnings triggered profit-taking, dragging global markets lower and raising valuation concerns.
—4 min read
EconomyFinance
Gold Prices Plunge Again, Returning to End-of-2025 Levels
Gold prices crashed 3.25% on June 5, falling below $4,400/oz after US jobs data beat expectations, reigniting fears of Fed rate hikes.
—4 min read