Business

Gold and Silver Markets Find Support After Historic Selloff on Fed Leadership News

Monday's trading session brought significant recovery to precious metals after extreme price swings that had rattled investors worldwide. Gold prices bounced back from an 8% plunge to $4,465 per ounce, climbing to $4,700 though still down 3.5%. Last week's trading had seen the yellow metal approaching $5,600. Silver markets followed comparable patterns, rebounding from a 7% fall after Friday's extraordinary 30% drop to reach $79.60...

Liverpool Lands Chery European Headquarters in Transformative Business Deal

Liverpool will serve as the European headquarters for Chinese carmaker Chery's research and development operations, with the state-owned manufacturer consolidating European commercial vehicle activities on Merseyside. The facility will integrate research, engineering, and commercial functions. Chery has successfully entered the UK market through its Omoda and Jaecoo brands and is now introducing its primary Chery brand with an advertising campaign starring Peter Crouch, the former...

AI “Gold Rush”: Nvidia Sells $5T in Shovels, But Is There Any Gold?

The AI revolution is being called a "gold rush," and Nvidia has unequivocally become the $5.05 trillion company selling all the shovels. But a...

Trump and Xi: “A Lot to Talk About” as Trade War Heats Up

President Donald Trump has signaled a full and complex agenda for his meeting with President Xi Jinping, saying they "have a lot to talk...

Elon Musk Worries ‘Robot Army’ Ouster, Pleads for $1 Trillion

Elon Musk's fears of being ousted after "building a robot army" dominated his fiery, unscheduled speech at the end of a Tesla earnings call....

Us-Canada trade talks ‘terminated’ over 1987 reagan clip

US-Canada trade talks have been "terminated" by president Donald Trump over a dispute involving a 1987 clip of Ronald Reagan . The ad, from Ontario,...

GM’s Positive Momentum Builds on Trade Policy and Sales Strength

Positive momentum is building at General Motors based on favorable trade policy and sales strength. The automaker now projects adjusted core profits ranging from...

Economic Health Concerns Mount as Bank Woes Rattle Markets

Concerns over the underlying health of the economy mounted as new woes at US regional banks rattled global markets. Analysts suggest that after a...

The Triple Threat: A Perfect Storm of Risks Brews for the World Economy

A perfect storm of risks is brewing for the world economy, with a new report identifying a "triple threat" of delayed tariff impacts, financial...

A “Delicate Dance” on a Global Stage, With No Room for Error

The unfolding confrontation between the U.S. and China is being described as a "delicate dance," but it is one being performed on a global...

Bank of England Sees Cracks in the Foundation of the AI Market Boom

The Bank of England sees significant cracks in the foundation of the current artificial intelligence market boom, warning that they could lead to a...

OpenAI’s Colossal Cash Burn Justified? AMD Deal Seen as Essential Investment

With a reported cash burn of $2.5 billion in just six months, OpenAI's aggressive spending has raised eyebrows. However, its new colossal, multibillion-dollar deal...

‘Scheme Might Have to Close Earlier’: The Ticking Clock on EV Grants

A ticking clock has just been placed on the UK's popular electric car grants, with a leading thinktank warning that the "scheme might have...

The End of an Era? High-Margin AI is Now Under Threat

We may be witnessing the beginning of the end for the era of high-margin artificial intelligence. DeepSeek's launch of its V3.2-Exp model and its...