City of London to Ease Restrictions on Black Taxis to Enhance Safety and Accessibility
Black taxis will soon return to the heart of the City of London following a decision by the Corporation of London’s governing body,
Travel
Economy
News
US Mortgage Rates Fall to Two-Month Low of 6.87%
Mortgage rates in the United States have declined for the third consecutive week, reaching their lowest level since early April. According to Freddie
Business
Strategic Bets Could Profit if Fed Cuts Interest Rates in July
On Wall Street, two significant wagers in the fed funds futures market have captured attention, reflecting a shift away from the market consensus
China
Travel
Ontario Premier Urges Trudeau to Impose Tariffs on Chinese Imports
Ontario Premier Doug Ford has urged Prime Minister Justin Trudeau to align with the Biden administration by imposing tariffs on Chinese imports, including
Commodities
WTI Reaches Six-Week High Near $81 on Geopolitical Tensions and Fed Rate-Cut Expectations
West Texas Intermediate (WTI) futures on NYMEX surged to a six-week high, trading near $80.70 during Wednesday’s Asian session. The rise in oil
China
China Sees Property Sector Stabilizing Amid Comparisons to Japan
China’s significant decline in new housing construction is sparking hopes that the property sector, long plagued by oversupply, may be finding its footing.
United States
Wall Street Declines Amid Weaker Jobs Data and Profit-Taking
U.S. stock indexes edged lower on Tuesday as labor market data heightened concerns about economic weakness, compounded by profit-taking in some of Wall
United States
US Job Openings Decline in April as Labor Market Stabilizes
In April, U.S. job openings declined more than expected, reaching their lowest level in nearly three years. This development indicates a softening labor
Automotive
Early Tesla Advocates Begin to Exit Amid Waning Growth Prospects
Some of Tesla’s institutional shareholders are starting to divest, convinced that the electric carmaker’s rapid growth phase might be over. Tesla’s shares have
World
Biden Suggests Netanyahu May Be Prolonging Gaza Conflict for Political Gain
In a recent interview with Time magazine, U.S. President Joe Biden suggested that Israeli Prime Minister Benjamin Netanyahu might be delaying an end