Business news
- India's Nifty 50 skyrockets 5% as U.S.-India trade deal turbocharges stocks - U.S. President Donald Trump on Monday stateside said that U.S. will cut reciprocal tariff on India to 18% from 25%.
- Australia raises rates for first time since late 2023 as inflation hits six-quarter high - This comes as the country sees its highest level of inflation in six quarters.
- Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact - Gold and silver prices rebounded after suffering a historic selloff, with analysts suggesting that the recent violent correction was more a positioning reset.
- 'GameStop in 2026': How silver market has morphed into meme trading - Silver's rapid surge and equally dramatic reversal ignited questions among investors: when does an asset start behaving like a meme?
- House hardliners complicate ending government shutdown as Speaker Johnson moves ahead - The U.S. government partially shut down Saturday morning after Congress failed to pass legislation to keep it funded.
- Asia markets rise on U.S.-India trade deal optimism; gold and silver rebound - Asia-Pacific markets rose after U.S. President Donald Trump said Washington and India had struck a trade deal.
- Trump says DOJ should continue Fed Chair Powell probe 'to the end' - Sen. Thom Tillis said he would oppose any new Fed nominees until the Powell probe is resolved, the same day Trump announced Kevin Warsh as his Fed chair pick.
- Waymo announces $16 billion funding round - The Alphabet-owned company said it is now valued at $126 billion.
- Palantir beats fourth-quarter estimates on the strength of AI and defense demand - Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
- Elon Musk's SpaceX reportedly combining with xAI ahead of potential IPO - Musk is combining rocket maker SpaceX with his AI startup, xAI, according to reporting from Bloomberg, which cited people familiar with the matter.