Gold Price Falls Significantly Below 4,000 USD
Expectations of a US tariff agreement with China continue to put pressure on the price of gold. On Monday, a troy ounce traded well below […]
Category: Economy
CPI Report September: Cooler Inflation Print Boosts Fed Rate Cut Hopes
CPI hits a 3.0% annual rate in September; core inflation cools slightly to 3.0%. See how gasoline and shelter costs are squeezing your wallet. The […]
Afterpay Outage Leaves Shoppers Stranded
Afterpay system goes down globally: Millions of shoppers stranded as the BNPL giant suffers a major outage, halting online and in-store payments. Retail sales face […]
Rate Relief Hopes Falter as RBA’s Bullock Cautions on Persistent Inflation
Hopes for an aggressive easing of monetary policy have hit a speed bump after the Reserve Bank of Australia (RBA) opted to hold the official […]
Iron Hill Brewery Closes All Locations Overnight, Files for Bankruptcy
In a stunning reversal, the popular 29-year-old brewpub chain Iron Hill Brewery & Restaurant announced the immediate and permanent closure of all its remaining locations […]
Super Retail Group CEO Anthony Heraghty Terminated Amid Workplace Relationship Disclosure
Super Retail Group CEO Anthony Heraghty has been terminated. Read our full report on the workplace relationship scandal, the impact on company shares, and what […]
KiK to Close 400 Stores in Germany Amid Retail Crisis and CEO Resignation
The textile discounter KiK is facing profound changes. According to media reports, up to 400 of its approximately 2,400 stores in Germany could be closed. […]
IRS Confirms: No New $1,390 Stimulus Checks Coming This Summer
Despite viral online rumours, the IRS has officially stated that no new $1,390 stimulus cheques are being issued this summer. We explain where the misinformation […]
Stablecoin Regulation: What the GENIUS Act Means for Crypto Markets
The cryptocurrency industry celebrates the GENIUS Act passed by the US Senate, regulating stablecoins for the first time. Yet concerns rise over its potential to […]
German trade union DSTG calls for abolition of tax returns for employees
The German Tax Union (DSTG) has advocated for the elimination of tax returns for employees. Instead, automatically generated documents should be introduced that employees only […]
