Business & Market

Fourth-quarter U.S. GDP came in lower than expected, contributing to demand for gold.

UPS stock fell to its lowest trading price since 2020 on the news the shipping giant will halve its deliveries for Amazon by the end of 2026.

‘It’s not inflationary,’ Lutnick told lawmakers during his confirmation hearing.

Demand for Nvidia chips, used to power AI models from various companies, had propelled the company to one of the largest capitalizations in the world.

A federal appeals court recently ruled that the SEC lacked the authority to approve the diversity rule in 2021 because of its far-reaching economic impact.

‘For now, the initial reaction is to sell first and ask questions later,’ Jay Woods, chief global strategist for Freedom Capital Markets, said.

A drop in the U.S. dollar and Treasury yields lifted the yellow metal.

Wall Street began the shorter trading week with bullish sentiment, fueled by falling bond yields that make equities more appealing than stocks.

January marked the end of a six-month contraction in U.S. manufacturing as optimism surged and factory output and hiring rose.

The order will revoke existing executive guidance on digital currency, establish a presidential task force, and ban central banks from issuing tokens.