The term exorbitant privilege refers to the benefits the United States has due to its own currency (the US dollar) being the international reserve currency.

Wall Street rallied on Friday to settle higher after a roller-coaster week, lifted by the Federal Reserve's stance that it will hold off on lowering interest rates given a “good” US economy and the ...

U.S. stocks finished higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the ...

In Europe, the Stoxx Europe 600 fell 0.7% in morning trading. Elia Group added 16.7% and Universal Music Group rose 5.2%. On the other hand, SFS Group dropped 4.5%, and Financiere Richemont sunk 4.4%.

The S&P 500 is on track for its worst week since September, the latter since November. Both are poised to fall for three ...

The FTSE 100 index ended down 3.16 points at 8,755.84. The FTSE 250 climbed 177.23 points, 0.9%, at 20,127.73, and the AIM All-Share gained 3.61 points, 0.5%, at 690.48.

Finance's biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce "grunt work." ...

CrowdStrike beats Q4 estimates, weak outlook weighs on stock. TikTok looks to expand local services in the US; buys shares ...

The FTSE 100 index is 0.5% or 46.38 points higher at 8805.38, with Games Workshop the top performer after its upgrade to ...

Shares of Gore Street Energy Storage Fund (LON:GSF – Get Free Report) fell 2.6% during mid-day trading on Tuesday . The stock traded as low as GBX 47.35 ($0.61) and last traded at GBX 47.45 ($0.61). 2 ...

China's largest political event of the year begins in Beijing on Tuesday, as US tariffs cast a cloud over the "Two Sessions" meetings, concurrent gatherings of China's rubber-stamp parliament and a ...