Subscribe To NotificationsScan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This […]
US president Donald Trump’s attacks on the chairman of the Federal Reserve, Jerome Powell, are yet another signal of a new era of economic policymaking and governance. After repeatedly calling Powell “stupid” for not lowering interest rates quickly enough, Trump has now directed government prosecutors to launch a criminal investigation into Powell for allegedly misleading the Senate […]
Trump’s trade truce signals reluctant acceptance of a multipolar world economy CNBC Africa Read the full article…
Wall Street rose at the opening bell on Thursday, after strong earnings from AI chipmaker TSMC and banks Goldman Sachs and Morgan Stanley signalled a recovery from back-to-back losses, while the FTSE 100 (^FTSE) hit a new all-time high of 10,236 points, adding to its gains since it broke through the 10,000-point mark at the […]
The Azerbaijani Embassy in the Netherlands posted on social media that a meeting was held with representatives of Dutch companies at the embassy in The Hague. During the meeting, the diplomatic mission emphasized the high dynamics and potential for developing bilateral relations, The Caspian Post reports. “Particular attention was paid to specific initiatives to expand […]
Gold (XAU/USD) makes a U-turn and registers solid gains on Wednesday, sponsored by broad US Dollar weakness, even though the latest inflation data cemented the case for the Federal Reserve (Fed) to hold rates unchanged in January. XAU/USD trades at $4,615, up 0.65%. Bullion rebounds sharply as broad US Dollar weakness and escalating Iran tensions […]
Bank of America Corp (NYSE:BAC) reported fourth-quarter fiscal 2025 financial results on Wednesday. The bank reported a net income of $7.6 billion (down from $6.80 billion a year ago) and EPS of 98 cents, beating the analyst consensus estimate of 96 cents. Revenue, net of interest expense, increased 7% year-over-year (Y/Y) to $28.532 billion, beating the analyst consensus estimate of $27.944 billion. The […]
The World Bank Group yesterday projected two-year 5.6 per cent growth in low-income countries driven by stronger domestic demand, exports recovery, and easing inflation. In its latest Global Economic Prospects report, the global lender said despite 2026–27 growth prospects, the income gap between developing and advanced economies will continue to narrow. “Per capita income growth […]
Former President Bill Clinton and former Secretary of State Hillary Clinton are scheduled to give depositions today and tomorrow, respectively, to the Republican-led House Oversight Committee, but neither has confirmed their attendance, a committee spokesperson said last night. “The Clintons have not confirmed their appearances for their subpoenaed depositions,” the spokesperson said in a statement. […]
South Korea announces massive economic support package The Ministry of Finance of South Korea announced on Tuesday that in the first half of this year, the public sector will allocate 393.8 trillion won (approximately $267.2 billion) to support the economy, Azernews reports, citing Yonhap agency. Access to paid information is limited […]
