The South African rand gained against the U.S. dollar on Thursday, buoyed by a more than 1% rise in gold prices. The currency's strength came despite new data showing a larger-than-expected contraction in the country's manufacturing sector.
Streamex Corp. (NASDAQ: STEX) has partnered with broker-dealer Siebert Financial to make its yield-bearing, tokenized gold security, $GLDY, available through traditional brokerage accounts for accredited investors.
Cryptocurrency exchange Bybit has introduced its virtual debit card in Peru, enabling users to spend digital assets and fiat currencies directly from their accounts and marking its latest expansion in the region.
Russia's benchmark stock index fell sharply on Friday, closing at its lowest point in three years amid broad-based losses in the mining, energy, and power sectors. The sell-off was accompanied by a weaker ruble and a spike in market volatility.
U.S. stocks advanced Friday, lifted by a strong market debut for chipmaker SK Hynix that renewed optimism in the tech sector, as investors shifted their focus to the upcoming corporate earnings season.
The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, claiming the agency's discrimination lawsuit over its hiring practices is an illegal act of retaliation for the newspaper's critical coverage of the Trump administration.
Investors are reassessing the high cost of artificial intelligence infrastructure, with analysts at ING warning that massive capital expenditures could pressure earnings growth and limit share buybacks at major tech firms.
A Reuters analysis revealed that Meta's new AI detection tool failed to identify over half of its own AI-generated images after they were cropped, highlighting persistent challenges in combating deepfakes.
The Oregon attorney general's office has dropped its legal bid to delay the proposed $110 billion merger of Paramount and Warner Bros., but signaled it is still considering its next steps amid broader regulatory scrutiny of the deal.
