The pizza restaurant sector has faced economic hardship and several bankruptcy filings in 2024, as a result of the lingering effects of the Covid-19 pandemic, inflation that led to rising food and labor costs, and Read more…
Illustration by Alex Castro / The Verge Once known only for its self-destructing pics, in recent years Snapchat has sneakily evolved into a location-oriented social media app. It’s now leaning further than ever into that Read more…
In the AI chatbot world, ubiquity is everything. Companies have raced to build desktop and mobile apps for their bots, in order to both give them new capabilities but also to make sure they’re right Read more…
On Thursday, the price of a troy ounce of Gold is lower, approaching 2,560.00 USD. The current value of Gold is at an eight-week low, influenced by the strong US dollar. The market analyses the Read more…
In a speech today, Fed Governor Adriana Kugler said the US sees “considerable disinflation” paired with a “cooling” yet “resilient” labor market. This dual scenario means Fed must continue “paying attention to both sides of Read more…
ECB Vice President Luis de Guindos shared a mixed outlook today, highlighting progress in inflation but tempered growth prospects. “There’s good news with inflation and not so good news on economic growth,” he remarked, noting Read more…
Trump Trade of a stronger US dollar and rapidly rising longer-term US Treasury yields have triggered a negative feedback loop into Gold (XAU/USD) The longer-term positive aspect of Gold as a hedge and safe haven Read more…
Eurozone industrial production dropped significantly by -2.0% mom in September, underperforming market expectations of a -1.2% mom decline. Production for capital goods took a steep hit, falling by -3.8% mom, while energy output also dropped Read more…
NZDUSD continues its sell-off Post-US election reaction dictates price action Momentum indicators have turned bearish NZDUSD is edging lower again today, recording its fifth consecutive red candle, and keeping the bearish trend from the September Read more…
AUDUSD charts new low after disappointing jobs data Short-term outlook remains bearish; sellers eye 0.6470 support AUDUSD continues its bearish slide, hitting a three-month low of 0.6458 in the wake of weaker-than-expected Australian jobs data Read more…