U.S. Treasury Secretary Scott Bessent on Tuesday said he was quite confident that core inflation would continue to go down in the United States despite the Iran war, and repeated his call for the Federal Reserve to cut its interest rates.Read More
Indian markets ended lower as stalled US-Iran talks triggered broad selling across sectors. Nifty and Sensex declined sharply, though technical indicators suggest near-term uptrend remains intact, with key support at 23,500 and resistance near 24,100 amid cautious investor sentiment.Read More
Globalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Project Kuiper, accelerates LEO deployment, and strengthens competition with Starlink, signaling Amazon’s deeper push into space-based connectivity infrastructure.Read More
BlackRock shares gained after stronger-than-expected Q1 earnings driven by robust ETF inflows, higher performance fees, and steady AUM growth. The firm reported $130 billion in net inflows and rising profitability despite weak broader market conditions and private market volatility concerns.Read More
Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracle’s cloud expansion strategy.Read More
A potential deal between United Airlines and American Airlines would create an industry behemoth and invite extraordinary scrutiny from regulators, labor unions and consumer advocates, all wary of higher fares and reduced competition.Read More
Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 million.Read More
Chicago Federal Reserve President Austan Goolsbee on Tuesday said interest-rate cuts may need to wait until 2027, depending on how long oil prices stay high.Read More
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin MCX trading due to holiday, with analysts warning of continued volatility and key resistance levels ahead.Read More
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