Business
US crude stocks fall again as Hormuz crisis deepens
U.S. commercial crude oil inventories declined by 2.3 million barrels to 457.2 million barrels in the week ending May 1, according to…
Category: Business
Business
AirAsia places record 150-jet A220 order with Airbus
Airbus announced on Wednesday a firm order from AirAsia for approximately 150 A220-300 jets, marking the largest single order in the program's…
Business
Global debt hits record $353T as investors shift from US Treasuries
Global debt climbed to a record of nearly $353 trillion by end-March, rising by more than $4.4 trillion in the first quarter…
Business
JPMorgan, Ripple, Mastercard complete first cross-border tokenized Treasury settlement
JPMorgan Chase has joined forces with Ripple, Ondo Finance, and Mastercard to complete the first near-real-time, cross-border settlement of a tokenized U.S...
Business
Copper jumps as U.S.-Iran deal reports spark market rally
Copper and industrial metals surged on Wednesday as reports of an imminent US-Iran deal to end the two-month war sent a wave…
Business
NY Fed supply chain index hits highest level since 2022
The Federal Reserve Bank of New York's Global Supply Chain Pressure Index surged to 1.82 in April, the highest reading since July…