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Finance
Fed’s Hawkish Hold Splits Metals: Gold Gains, Silver Falls
The US Federal Reserve’s decision to hold interest rates steady while signaling a clear bias toward future hikes has propelled gold to new highs while exposing silver’s macroeconomic vulnerabilities.Following the Federal Open Market…
United Wholesale Mortgage plunges 40%; suspends dividend, raises capital
United Wholesale Mortgage at the NYSE, January 22, 2021Source: The New York Stock ExchangeShares in UWM Holdings, parent of United Wholesale Mortgage, plunged 40% on Thursday after the biggest U.S. mortgage lender suspended its dividend…
Eagle Nuclear Added to Solactive Global Uranium Index
Eagle Nuclear Energy (NASDAQ:NUCL) announced its addition to the Solactive Global Uranium & Nuclear Components Total Return Index following a semi-annual rebalancing, qualifying the developer for inclusion in the US$5 billion Global…
Philadelphia Fed President Paulson content with current rates, but keeping
Philadelphia Federal Reserve President Anna Paulson said Tuesday that she thinks the current level of interest rates is sufficient to keep inflation moving toward the central bank's goal.In her first CNBC interview, the policymaker…
Grid-Locked: The Engineering Race to Power the AI Era
The race to build AI data centers is colliding with an older, slower power grid- tension that was on full display in a recent panel on data centers and AI power at the 2026 Fastmarkets Global Lithium, Battery and Critical Materials…
Goldman traders are on pace for a record year. Here’s how they’re doing it
Goldman Sachs ' dealmaking prowess may grab all the glory, but the biggest driver of growth last quarter came from the daily grind of equities trading. Sure, Goldman and the other top Wall Street banks were able to cash in on all the…
Brookfield, NextEra Partner on US$100 Billion Kentucky AI Campus
A Cold War-era nuclear enrichment facility in Western Kentucky is set to become the physical anchor for the American artificial intelligence (AI) industry. Brookfield Asset Management (TSX:BAM,NYSE:BAM) and NextEra Energy (NYSE:NEE) have…
Top investment ideas as interest rate uncertainty grips market
Bond market investors may want to shift their focus toward the front of the yield curve, according to Allspring Global Investments' Noah Wise.The bottom line: Focus exposure on short-term Treasurys over long duration.Wise, the firm's…
Report Unveils Undeclared Uranium in DRC Cobalt Exports
Massive quantities of undeclared uranium have been extracted and exported from the Democratic Republic of the Congo (DRC) over the last two decades, bypassing international nuclear safeguards, a new report alleges. The study published in…
Here’s what changed in the second statement under Warsh
A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29,…