Gold Suffers Worst Weekly Drop in Over 40 Years as War and Rates Hit Demand
Gold recorded its steepest weekly decline in more than four decades, falling 11% to $4,488 per ounce. Rising oil prices and expectations of prolonged high interest...
Story of the Day - Page 18
Catch up quickly with the day’s most important and insightful stories. Our Stories of the Day category curates the standout articles across markets, economy, business, personal finance and innovation. Each post brings together multiple key developments, breaking news or deep-dive features chosen for their impact and relevance. It’s a fast, reliable way to understand what really matters today without scrolling through dozens of feeds. Whether you want a quick overview or a richer perspective, this section delivers the essential stories with context and clarity.
Latest Story of the Day News
S&P 500 Licensed for Crypto Perpetual Contracts in Hyperliquid Deal
S&P Dow Jones Indices has licensed the S&P 500 for use in perpetual futures contracts on Hyperliquid. The move brings a major equity benchmark into the...
EU Unveils ‘EU Inc’ Plan to Simplify Cross-Border Business Formation
The European Union is set to introduce a new “EU Inc” company structure aimed at simplifying cross-border business operations. The initiative seeks to reduce regulatory friction...
Nvidia and Uber Plan Robotaxi Rollout Across 28 Cities by 2028
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major...
Nvidia Targets $1 Trillion in AI Chip Revenue by 2027
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s...
Meta Invests $27B in Nebius as AI Infrastructure Race Intensifies
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand...
Nebius Shares Jump 16% After Nvidia’s $2B Investment in AI Cloud Partnership
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large...
Mastercard Launches Crypto Partner Network With 85 Firms to Expand Global Payments
Mastercard unveiled a new crypto partner program linking 85 digital asset companies to expand cross-border payments and B2B transactions. The initiative aims to integrate blockchain-based transfers...
Oil Surges Toward $120 as Iran War Sends Global Stocks Tumbling
Oil prices surged toward $120 per barrel as the conflict involving Iran intensified fears of supply disruptions through the Strait of Hormuz. Global equity markets fell...
BlackRock Limits Withdrawals From $26B Private Credit Fund After Surge in Redemption Requests
BlackRock capped investor withdrawals from its $26 billion HPS Corporate Lending Fund after redemption requests surged to about $1.2 billion. The move highlights growing stress in...
Nearly $1 Trillion Wiped From U.S. Stocks as Major Indexes Slide
U.S. equities lost nearly $1 trillion in market value shortly after the opening bell as major indexes fell across the board. The decline hit large-cap tech...
Asian Markets Slide as KOSPI Plunges 11% and Thailand Triggers Circuit Breaker
Asian markets tumbled amid rising geopolitical tensions and energy supply fears. South Korea’s KOSPI plunged more than 11%, while Thailand halted trading after an 8% intraday...