Financial News

Nikola founder Trevor Milton lured in investors keen to get in early on the next Tesla. Now he has been sent to jail for lying to shareholders about the electric-truck maker’s progress.

Nikola founder Trevor Milton lured in investors keen to get in early on the next Tesla. Now he has been sent to jail for lying to shareholders about the electric-truck maker’s progress.

Suddenly more than $10m richer after a bungle at Crypto.com, a couple ignored efforts to resolve the mistake fearing it was a “scam”, a court has been told.

Suddenly more than $10m richer after a bungle at Crypto.com, a couple ignored efforts to resolve the mistake fearing it was a “scam”, a court has been told.

Track the global equity, currency and commodity markets here.

Looking to rural communities for technological growth, writes Abdullah Snobar, can redefine Canada's position as a global innovation haven.

ALBAWABA - The dollar declined today, Thursday, following the latest economic forecasts from the Federal Reserve, indicating that the interest rate hike cycle has concluded and that 2024 will see a reduction in borrowing costs...

Investors will continue to wrestle with the end of the easy-money era in 2024.

It may be a couple of years since the meme-stock feeding frenzy hit its heights, but we’re still seeing occasional bursts of meme-like activity in number of stocks.

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ALBAWABA – Oil prices rose Thursday on the United States (US) crude supply reportedly falling from last week’s levels and the US dollar down on the Federal Reserve (Fed) pinning US interest rates and signalling multiple cuts in 2024...

South Africa's rand slipped against the dollar on Wednesday as a drop in domestic inflation did little to prop up the currency ahead of an interest rate decision by the U.S. Federal Reserve.