Month: February 2026
CNBC Daily Open: Gold and silver tank amid Trump picking Kevin Warsh as Fed chair
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, U.S., on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images Markets got what they wanted. U.S. President Donald Trump tapped Kevin Warsh to lead […]
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European stocks set for sharp declines as global market fears are reignited
LONDON — European stocks are expected to open in negative territory as concerns over artificial intelligence and volatility in precious metals haunt global markets. The U.K.’s FTSE index is seen opening 0.5% lower, Germany’s DAX down almost 1%, France’s CAC 40 down 0.8% and Italy’s FTSE MIB also down by a similar amount, according to data […]
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Oil slides over 6% as Trump signals Iran talks, easing supply shock fears
Oil prices rose more than 1.5% in Asian trade on Thursday, on increasing concerns of a U.S military attack on Iran that could disrupt supply from the region. Anton Petrus | Moment | Getty Images Oil prices slid Monday as investors dialed back fears of a supply shock after U.S. President Donald Trump’s statements on […]
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Chinese organized crime networks moved $16 billion in crypto in 2025, according to report
Amber Casino and former scam center, owned by Chen Zhi, a Chinese businessman who was deported to China, is seen in Sihanoukville, Cambodia, on Jan. 18, 2026. Anadolu | Anadolu | Getty Images Chinese-language money laundering networks funneled an estimated $16.1 billion in illicit funds through cryptocurrency transactions in 2025, according to a report released […]
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China’s factory activity grows at fastest pace since October, private survey shows, beating official reading
An employee works on a carbon fiber production line at Zhongfu Shenying in Lianyungang, China’s eastern Jiangsu province on July 31, 2025. Str | Afp | Getty Images China’s factory activity gathered speed in January, according to a private survey released Monday, as manufacturers accelerated production and front-loaded cargoes ahead of the extended Lunar New […]
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Gold and silver extend sell-off after historic plunge — yellow metal drops 5%
A jeweller shows gold and silver bars at his shop in downtown Kuwait City on Jan. 12, 2026. Yasser Al-zayyat | Afp | Getty Images Gold and silver extended their sell-off on Monday, deepening losses from last Friday’s rout as a firmer dollar and profit-taking drained momentum from a rally that had propelled the metals […]
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CNBC Daily Open: Markets see Warsh as a safe pick for Fed chair — causing gold and silver to plunge
Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Brendan McDermid | Reuters Markets got what they wanted. U.S. President Donald Trump tapped Kevin Warsh to lead the Federal Reserve, and investors […]
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Asia-Pacific markets trade mixed ahead of China manufacturing data
A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images Asia-Pacific […]
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Stock futures fall after silver, bitcoin sell off; questions loom over AI trade: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 28, 2026. Brendan Mcdermid | Reuters Stock futures fell on Sunday night as Wall Street begins a new month of trading, with traders keeping an eye on bitcoin after a weekend sell-off. Dow Jones Industrial Average futures […]
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United Arab Emirates’ ‘Spy Sheikh’ bought secret stake in Trump crypto company: WSJ
UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social A government official and top royal from the United Arab Emirates purchased a $500 million stake in the Trump family’s cryptocurrency venture last […]
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