Economy

Updates on the local and global economy and financial markets.

American Bitcoin Reports Record Q3 Profits Driven by Mining Operations

American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., announced substantial profits for the third quarter of 2023, as revealed in financial statements released on Friday.

Diana Barkat

124

Bitcoin Falls Below $95,000 as Annual Gains Drop to 1%

Economy

American Bitcoin Reports Record Q3 Profits Driven by Mining Operations

American Bitcoin Reports Record Q3 Profits Driven by Mining Operations

Bitcoin Falls Below $95,000 as Annual Gains Drop to 1%

Gold Prices See Significant Weekly Decline Amid Reduced Rate Cut Expectations

Oil Prices Surge Amid Supply Disruptions and Sanctions Concerns

Lukoil Initiates Sale of International Assets Amid Anticipated U.S. Sanctions

UN Chief Warns of Humanitarian Funding Crisis Endangering Millions

Germany Revises Support for Ukrainian Refugees, Excluding New Arrivals from Citizen's Allowance

Ukrainian Drone Strike on Russian Oil Port Drives Up Global Crude Prices

Gold Prices Rise Weekly Amid Dollar Weakness, Rate Cut Expectations Diminish

Gold Prices Surge to Three-Week High Amid Economic Uncertainty

Negotiations Underway for Gas Turbines in $7 Billion Qatari-Led Energy Initiative in Syria

IEA Predicts Significant Oil Supply Surplus by 2025

Oil Prices Slide Amid Concerns of Oversupply

OPEC Reports Increase in Russian Oil Production for October

OPEC Maintains Global Growth and Oil Demand Projections in Latest Report

Christine Lagarde to Succeed Jerome Powell as Chair of Key Economic Committees at BIS

Putin Authorizes Sale of Citigroup Bank in Russia to Renaissance Capital

Gold Prices Climb Towards $4,700 Amid Expectations of U.S. Rate Cuts and Global Risks

Oil Prices Decline as U.S. Government Shutdown Approaches Resolution

France Prohibits Eight Israeli Firms from Security Exhibition in Paris