Bank of England cuts interest rates from 5% to 4.75%
The UK's central bank, the Bank of England, announced today that it has cut interest rates to 4.75% from 5%. This is the lowest...
US mortgage rates continue to rise, 30-year fixed climbs to 6.79%
US mortgage rates are on the rise again. According to Freddie Mac, the average rate on a 30-year fixed mortgage rose to 6.79% this...
How a Trump presidency could affect Europe’s economic landscape
Now that Donald Trump is set to be the next US president, beginning on January 20th, European leaders and many of its citizens wonder...
Semaglutide boosts Novo Nordisk sales beyond expectations
Danish pharma multinational Novo Nordisk reported third-quarter sales figures well above Wall Street expectations thanks to its weight loss and diabetes drug semaglutide, which...
Lamborghini reported record results in the first nine months of 2024
Italian luxury sports car maker Lamborghini reported record results in the first nine months of 2024.
Lamborghini, headquartered in Pieve di Cento, is owned by...
Trump victory triggers rally of stocks, bond yields, dollar, and cryptocurrencies
The world of business, investors, and traders has responded enthusiastically to Trump’s election victory.
Cryptocurrency investors, traders, and other stakeholders are expecting a more favorable...
Reducing sugar intake in early childhood linked to lower risk of chronic diseases, study...
A recent study found that adults who had a lower intake of sugar during early childhood, and while they were in the womb, had...
Palantir Technologies reports $725.5 million in revenue in Q3 2024
Palantir Technologies (NYSE: PLTR) continues to surprise investors.
The software giant reported revenue that smashed expectations. In the third quarter, the company pulled in $725.5...
China and EU in tense trade dispute over electric vehicle tariffs
The European Union (EU) and China, two major economic powers, are locked in an escalating trade dispute over electric vehicle (EV) tariffs. Tariffs are...
AI startup Physical Intelligence raised $400 million in latest funding round
San Francisco-based AI robotics startup Physical Intelligence has raised $400 million in its latest funding round.
So, what's the appeal? Investors see potential in the...