Gold price has been on a downward trend since the beginning of August, as the US dollar and Treasury yields have risen sharply. The yellow...
Evergrande’s US Bankruptcy Filing: What It Means for China and the World
Evergrande, the Chinese property giant that has been struggling to repay its massive debts, has filed for bankruptcy protection in the US. The move, which...
NICE Reports Strong Q2 Results, Raises Guidance For FY23
NICE Ltd (NASDAQ: NICE), a leading provider of cloud-based solutions for customer experience, analytics, and compliance, announced its second-quarter financial results for fiscal year 2023...
Pound Sterling Rises Above 1.2760 Against US Dollar Amid UK Inflation Data
The British pound has gained some ground against the US dollar on Friday, trading above the 1.2760 level, as investors reacted to the latest UK...
Japan’s households hit by rising inflation in July
Japan’s core consumer price index (CPI), which excludes fresh food, rose 3.1% in July from a year earlier, down from 3.3% in June, according to...
Oil prices face downward pressure amid China’s economic slowdown and US rate hike expectations
Oil prices are likely to end their seven-week winning streak as the market faces headwinds from China’s weakening economy and the prospect of higher interest...
Grab These Office Chairs From Amazon At Huge Discounts
If you are looking for a new office chair or a gaming chair, you might want to check out the latest deals from Amazon. The...
The USD gains strength as US consumer spending and inflation data remain robust
The US dollar rose against most of its major peers on Tuesday, as the latest economic data showed that the US consumer spending and inflation...
S&P 500 Slides Below Key Support Level Amid Market Turmoil
The S&P 500 index, a benchmark for the U.S. stock market, fell below its 50-day moving average on Tuesday, a technical indicator that signals a...
Israel’s economy shows resilience amid pandemic challenges
Israel’s economy grew by an annualized 3% in the second quarter of 2021, according to the latest report by the Central Bureau of Statistics. This...
Israel’s new home sales slump to lowest level in 15 years
According to the Central Bureau of Statistics, Israel’s new home sales have reached their lowest point in 15 years, as high prices and low demand...
Israeli Banks Enjoy Record Profits Amid Rising Interest Rates
The Bank of Israel has been raising the benchmark interest rate steadily since April 2022, reaching 4.75% on May 22, 2023, in an attempt to...
Aon’s White Rock sues Vesttoo over alleged fraud, insurtech files for bankruptcy
Vesttoo, an Israeli insurtech startup that provides data-driven risk management solutions, has been sued by Aon’s White Rock Insurance (SAC) Ltd., a subsidiary of the...
AUD/USD Struggles to Find Direction Amid Mixed Signals
The Australian dollar and the US dollar have been trading in a narrow range for the past few days, as investors weigh the conflicting signals...
Israel’s inflation slows down in July, defying expectations
Israel’s Consumer Price Index (CPI) rose by 0.3% in July, bringing the annual inflation rate down to 3.3%, according to the Central Bureau of Statistics....
USD/JPY Faces Intervention Risk as Yen Weakens to 9-Month Low
The USD/JPY pair has been trading in a narrow range around the 145.50 level in the Asian session on Wednesday, as traders are wary of...