So, what causes the tides? The tides are driven by the moon. As the Earth turns, the gravity of our nearest celestial neighbour pulls at the water in our oceans, making it bulge out. As the planet turns the moon releases its hold, and…
Stocks finished sharply lower as rates reached new cycle highs on the long end of the curve, and the yield curve steepened. This led to a drop of about 1.3% on the , bringing the index down to around 4,315. This retraces about 50%…
Yesterday was one of those days when Jay Powell should have passed on its latest interview session. The message was vague, and he didn’t seem to have many answers at times.
What is clear to me is that the Fed doesn’t know what comes…
Tomislav Cvitanusic at Nuptse High Camp during his Mount Everest climb, May 2023. (Photo courtesy Tomislav Cvitanusic)
In regional security offices at diplomatic posts overseas, Diplomatic Security Service (DSS) special…
Residents of a neighbourhood in central Gaza say it was completely destroyed by Israeli airstrikes overnight, leaving thousands homeless.BBC Arabic's Adnan El-Bursh met people who lived there. While he was in the neighbourhood, a warning…
Stocks experienced a turbulent day on Thursday after Fed’s Powell contributed to market volatility
Investors were already grappling with rising bond yields, the ongoing Israel-Hamas conflict, and the series of corporate earnings…
The briefly crossed above the 5% mark yesterday — the highest since 2007 — before settling at 4.98%, based on Treasury.gov data.
For buy-and-hold investors, the elevated yield looks compelling, at least relative to recent years, when…
Generalising about the 100 coups in post-independence Africa is difficult, but common primary drivers can be discerned.
The toppling of King Farouk in 1952 by the Egyptian army marked the beginning of military intervention to gain…
Charles Leclerc edged out Lando Norris, Lewis Hamilton to take pole; Max Verstappen sixth after losing fastest lap for track limits breach; get set for Sprint Saturday: tune in live to the Sprint…
Restrictive monetary conditions, from higher yields and tighter lending conditions, are the Fed’s “Waterloo.”
If you don’t remember, the “Battle of Waterloo” was fought on June 18th, 1815. The battle was a catastrophic defeat for the…