Tesla Inc. has proposed a new compensation plan for Chief Executive Elon Musk that could be worth about $1 trillion if all performance targets are met, according to a proxy filing released Friday. The proposed package would be without precedent in corporate America and is intended to keep Musk at the helm of the electric-vehicle […]
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Stocks edged higher on Monday as Wall Street attempted to recover from last week’s pullback, when concerns about the durability of the artificial intelligence trade weighed on broader markets. The S&P 500 was up 0.32% to 6,665.29. The tech heavy Nasdaq 100 was trading 0.68% higher at 22,636.124. The Dow Jones Industrial Average in contrast […]
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The US Dollar Index wavered on Wednesday morning as market participants waited for the key US macro data and the upcoming Federal Reserve interest rate decision. The DXY Index was trading at $98.80, up from the year-to-date low of $96.38. Federal Reserve decision and US macro data The US dollar index will be in the […]
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The South African rand is firing on all cylinders this year. The USD/ZAR exchange rate plunged to a low of 17.35, its lowest level since November last year, down by almost 13% from the highest point this year. This article explores the top catalysts that will drive the rand this week. South Africa inflation data […]
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After kicking off the week on a strong note with a fresh all-time high of $126,080, Bitcoin slipped into a phase of consolidation as market uncertainty returned. The total crypto market capitalisation also hit a record high, swelling to $4.37 trillion earlier in the week. However, by Friday, those gains had been erased, with the […]
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LenDenClub, a regulated peer-to-peer lending platform, has expanded its focus on technology and automation since 2021. The company now uses over 20 AI and machine learning models to support credit assessment, borrower-lender matching, and collections. After reporting a ₹34 crore profit in FY25, it is strengthening its position across its P2P, loan service, and technology […]
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Cryptocurrency markets faced one of their steepest declines of the year after US President Donald Trump threatened a new round of tariffs on Chinese imports, triggering what analysts described as the largest liquidation event in crypto history. The total crypto market capitalisation dropped more than 9% to around $3.8 trillion, wiping out roughly $200 billion […]
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Private-sector employment in the United States rose modestly in October, with employers adding 42,000 jobs, according to the latest ADP National Employment Report released on Wednesday. The figures, compiled by ADP Research in collaboration with the Stanford Digital Economy Lab, offered a faint sign of resilience in the labor market even as broader economic pressures […]
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The USD/JPY exchange rate pulled back this week as focus shifted to the upcoming Federal Reserve and Bank of Japan (BoJ) interest rate decision. It fell to a low of 146.25, down by almost 3% from its highest level in July. Federal Reserve interest rate decision The USD/JPY exchange rate pulled back sharply as traders […]
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The USD/JPY exchange rate pulled back slightly on Thursday as the market reacted the Federal Reserve and Bank of Japan (BoJ) interest rate decisions. It was trading at 148.75, a few points below this week’s high of 149.52. Fed and BoJ interest rate decisions The USD/JPY pair moved sideways after the Fed left interest rates […]
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