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News
US Debt Crosses $40 Trillion as $1.8 Trillion Deficit Alarms Markets
1+ hour, 25+ min ago (428+ words) The deteriorating fiscal standing of the US is increasingly a problem for international markets, with public debt exceeding USD 40 trillion and a widening deficit. Brokers at Jefferies suggested that higher yields on Treasury securities would increase pressure on stocks and…...
Bitcoin Vs Gold: Which is the Better Inflation Hedge for 2027?
1+ day, 18+ hour ago (677+ words) Bitcoin and gold are frequently compared as alternatives to fiat currencies, but they have very different histories as inflation hedges. Gold has historically performed well as an inflation hedge, while Bitcoin is a less established but much more volatile monetary…...
UOB’s S$5.6 Billion Cross-Border Bet: What Tan Choon Hin’s New Role Means
5+ day, 7+ hour ago (348+ words) I’m Ankitha, a content editor with two years of experience in crafting and refining high-quality content across tech, fintech, and print media. I focus on transforming complex technical concepts, financial trends, and technological advancements into clear, polished, and impactful content…...
US Pressures Apple to Avoid Chinese Memory Chips
1+ week, 3+ hour ago (369+ words) The US government urged Apple to find alternatives to Chinese memory chip suppliers. It is adding pressure on the iPhone maker to shift more of its supply chain towards domestic manufacturing. US Commerce Secretary Howard Lutnick said the Trump administration…...
Bitcoin Faces CPI Test as Hayes Warns About AI Credit Bubble
1+ week, 6+ day ago (538+ words) The US economy lost 23,000 jobs in July, sharply missing expectations for about 80,000 new positions and shifting market attention toward this week’s inflation data. Revisions also cut previous months sharply, strengthening the case that the labor market is weakening. Bitcoin ended…...
RBI Leaves Repo Rate Unchanged Amid Middle East Conflict
2+ week, 4+ day ago (389+ words) Antara is an accomplished gaming and technology writer with 4+ years of industry experience, recognized for her expertise in shooter titles such as Call of Duty and Fortnite. She blends deep gaming knowledge with a sharp understanding of emerging tech trends,…...
ServiceNow Layoffs Affect Workers as Company Expands AI Hiring Strategy
3+ week, 3+ day ago (572+ words) ServiceNow layoffs have cut several hundred jobs during a restructuring program. The software company said the changes affect a ‘low single-digit’ workforce percentage. The cuts follow earlier comments from CEO Bill McDermott about keeping 2026 headcount broadly flat. ServiceNow ended 2025 with…...
Bitcoin Faces Key Test at $64,000 Ahead of Federal Reserve Meeting
3+ week, 3+ day ago (552+ words) Bitcoin traded near $64,300 on Wednesday as traders prepared for the Federal Reserve’s interest-rate decision. The asset recovered part of Tuesday’s decline after moving between $62,400 and $66,700 during a volatile period. The broader crypto market also gained, even after exchanges closed more…...
Wall Street Faces Pressure as Oil Gains and AI Stock Concerns Drive Selling
3+ week, 3+ day ago (585+ words) US stocks fell sharply Wednesday as rising oil prices and semiconductor losses weighed on major indexes. The Dow Jones Industrial Average dropped about 800 points during morning trading. The S&P 500 and NASDAQ Composite also declined before the Federal Reserve decision....
Bitcoin Price Slips Below $64,000, Stabilizes Near $63,500 Ahead of Fed Decision
3+ week, 4+ day ago (799+ words) Bitcoin recovered after falling from nearly $64,900 to around $63,200. RSI and Bollinger Bands indicate improving momentum with cautious optimism. The latest market data showed a daily decline of around 2.7% to 3%. Bitcoin moved inside a 24-hour range of roughly $63,000 to $65,650. The digital…...