Economy

Economy
Economy

Trump unveils Gaza ‘Board of Peace’ in Davos: here’s who signed on and who snubbed it

US President Donald Trump formally signed the founding charter for his new “Board of Peace” on Thursday in Davos. The initiative is designed to oversee Gaza’s reconstruction and ceasefire, but the signing ceremony exposed a stark divide between Trump’s coalition of supporters and skeptical Western allies. About 35 nations committed to join the board, a

Read More
Economy

Sandisk stock price may suffer a harsh reversal soon: here’s why

Sandisk stock price continued its remarkable bull run this week, reaching a record high of $501. SNDK has jumped by over 100% this year, making it the best-performing company in the S&P 500 Index.  Its surge is a continuation of a bull run that started in April last year, when it bottomed at $30. Other

Read More
Economy

How PrimeXBT is powering a new generation of hybrid Crypto–TradFi traders

A new trading persona is emerging: the hybrid trader who thinks in crypto but operates across markets. Hybrid traders rotate between crypto, FX, gold, and indices, chasing volatility PrimeXBT enables access to all markets using crypto as base capital Unified tools and wallet support agile trades without switching platforms or assets Capital that moves with

Read More
Economy

Japan restarts largest nuclear power plant post Fukushima disaster

Japan has restarted a nuclear reactor at the world’s largest atomic power plant for the first time since the 2011 Fukushima disaster, marking a significant milestone in the country’s long and cautious return to nuclear energy. Tokyo Electric Power Co. (Tepco) began restarting Unit No. 6 at the Kashiwazaki-Kariwa nuclear power plant in Niigata prefecture

Read More
Economy

Barry Callebaut hires ex-Unilever CEO as cocoa volumes slide in Q1

Chocolate and cocoa giant Barry Callebaut announced Wednesday that it has named former Unilever CEO Hein Schumacher as its new chief executive officer, even as the company reported weaker-than-expected first-quarter results showing a decline in the sales volume of its cocoa products. The chocolate maker announced that its CEO, Peter Feld, will be stepping down

Read More
Economy

Gold breaks $4,800 as geopolitical tensions lift demand, analysts eye further gains

If tensions continue to escalate and the dollar remains weak, gold prices could soon hit the coveted $5,000 per ounce level, according to experts.  On Wednesday, gold prices on COMEX hit a new record high of $4,890.35 per ounce, breaching the $4,800 mark for the first time ever.  Safe-haven demand, fueled by increasing tension between

Read More
Economy

The ‘Sell America’ trade is back, but why it’s different this time

The “Sell America” trade gained a lot of steam back in April 2025, following Trump’s “Liberation Day” tariffs. Global markets were rattled and recorded some of the worst trading days since the pandemic. 2026 began with a lot of geopolitical tension, with Donald Trump once again being at the center of it all. In particular,

Read More
Economy

PayPal stock just lost a crucial support: is it a bargain or a value trap?

PayPal stock price continued its strong downward trend this week as it plunged to the lowest level since November 2023. It lost a crucial support level as sellers remained in control and the short interest rose to 4.8%.  PayPal has become a fallen angel  PayPal stock price has crashed in the past few years, mirroring

Read More
Economy

Next snaps up Russell & Bromley in £3.8M deal, hundreds of jobs at risk

Next has agreed to buy the Russell & Bromley footwear brand out of administration for £3.8 million, securing the future of the 145-year-old name but leaving hundreds of jobs at risk as dozens of stores fall outside the deal. The British retailer, founded in 1879 in Eastbourne, has been struggling amid a tough trading environment

Read More
Economy

Galaxy Digital plans $100M hedge fund targeting crypto, fintech

Galaxy Digital Holdings, the prominent digital asset investment firm led by veteran financier Mike Novogratz, is launching a $100 million hedge fund designed to capitalize on volatility in the cryptocurrency and fintech sectors, according to a report in the Financial Times. The $100 million fund eyes backing from a mix of family offices, high-net-worth individuals,

Read More