Gold Advances on Mounting Anxiety Over Trump Tariff Plans
Gold advanced, following its biggest one-day decline in two months, on nervousness over President Donald Trump’s latest trade threats. Bullion traded near $2,900 an ounce, after tumbling 1.6% on Friday.…
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Cedi gains strength, now trading at GH¢15.38 to $1 on interbank market
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus. In its daily update, the Central Bank noted that…
Researchers created an open rival to OpenAI’s o1 ‘reasoning’ model for under $50
AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits, according to a new research paper released last…
Is Your Antivirus Spying on You? Yes, and Some Are Worse Than Others
Every security suite sends data back to its home base to check for malware and keep you safe. But you'd be surprised how much other information they collect and share.…
Services PMI at 52.8%: January 2025 Services ISM Report On Business
Business Activity Index at 54.5%; New Orders Index at 51.3%; Employment Index at 52.3%; Supplier Deliveries Index at 53%; This report reflects the recently completed annual adjustments to the seasonal…
Private payrolls expanded by 183,000 in January, topping expectations, ADP says
Private sector companies added more jobs than expected in January, furthering the case for a stable labor market that allows the Federal Reserve time as it contemplates its next policy…
Trump to reinstate maximum pressure policy on Iran – Reuters
US President Donald Trump is expected to issue a directive on Tuesday restoring "maximum pressure" on Iran, Reuters reported citing a US official. The directive instructs the US Treasury to…
APAC Market Outlook 2025: Global Influences, Regional Opportunities
PIMCO’s Asia investment team analyse how domestic policies and external influences are shaping growth trajectories and investment opportunities across the APAC region. In a world characterised by shifting economic conditions…
US Job openings decline sharply in December to 7.6 million, below forecast
Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday. Available positions tumbled to 7.6 million, the lowest since September, and below…
Bank of England Could be Forced to Abandon Rate Cutting Cycle
The Bank of England could be forced into abandoning the interest rate cutting cycle as soon as the second half of 2025 as inflation risks grow. The Bank of England…
What is a tariff and how does it work?
Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports from its three…
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