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US jobless claims dip to 209,000 as labour market stays resilient despite layoffs

US applications for unemployment benefits declined modestly last week, signalling that the labour market remains resilient despite recent corporate layoff announcements and…
Stock

Why did Microsoft stock crash 11% after earnings despite beating estimates

Microsoft stock (NASDAQ: MSFT) plunged over 11% on Thursday despite beating Wall Street on revenue and earnings in the second quarter. The…
Latest News

Senate GOP critics say Noem ‘needs to go’ amid fallout from Minneapolis shootings

A pair of Senate Republicans are demanding that Department of Homeland Security (DHS) Secretary Kristi Noem lose her job in the wake…
Latest News

Iowa man stops Trump at restaurant with unexpected request before speech

President Donald Trump paused during a restaurant stop in Iowa after a patron asked if he could pray for him ahead of…
Latest News

Ted Cruz urges US to arm Iranian protesters as militias threaten ‘total war’ against America

Sen. Ted Cruz called for the U.S. to arm Iranian protesters Tuesday as unrest continues inside the nation and Iran-backed militias issued…
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Rubio scheduled to appear before Senate to outline Trump’s Venezuela policy

Secretary of State Marco Rubio will publicly testify on the Trump administration’s policy in Venezuela Wednesday morning after vowing to lawmakers that…
Latest News

Ilhan Omar backed by House Republicans after Minnesota town hall attack

House Republicans are coalescing around progressive ‘Squad’ member Rep. Ilhan Omar, D-Minn., after she was attacked during a town hall in Minneapolis…
Economy

FTSE 100 Index in focus as traders eye Starmer’s China trip, Fed, Lloyds Bank earnings

The FTSE 100 Index continued its recent rally this week, helped by the ongoing bank and mining stocks gains. It jumped to…
Economy

Here’s why the HSBC share price is in a strong bull run

HSBC share price continued its strong rally and is now sitting at its all-time high, with its market capitalization hitting $300 billion….
Economy

USD/ZAR forecast as South African rand rally gains steam ahead of Fed, SARB

The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last…
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