The closure of Gabe Plotkin’s Melvin Capital Management is vindication for legions of retail traders who banded together...
WTI on Track to Rise for a Fourth...
Crude gains have been limited this week, with the Brent and U.S. benchmarks mostly trading in a range due to the uncerta...
What To Do when Assets Across the Market...
It’s been a brutal stretch for retail traders. Stocks are approaching a bear market. A selloff wiped $200 billion off cr...
Inflation Reaches 40 Year High in the UK...
Consumer prices surged 9% in the year through April, the fastest rate since March 1982, the Office for National Statisti...
Australia Employment Data and Upcoming Parliamentary Elections
The RBA caught most economists by surprise at their last meeting, raising interest rates by 25bps to an unusual level of...
RBA Considered 40 Basis Point Increase for Interest...
Australia’s central bank said it considered three options for the size of its first interest-rate increase since 2010, a...
Retail Sales Rose Despite Inflation with Help from...
The value of overall retail purchases increased 0.9%, after an upwardly revised 1.4% gain in March, Commerce Department ...
Japanese Economy is Struggling with Consumers Expenses Cutting...
Japan’s economy shrank in the first three months of this year as soaring import costs inflated by a weaker yen weighed o...
Terra Stablecoin Rescue is Close to 3 Billion...
The Luna Foundation Guard, the entity set up by Terraform Labs to maintain TerraUSD’s peg to the dollar, used up roughly...