News

Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.

News of the day for March 12, 2025

A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to boost commerce across borders in the region, its chief executive said. The Pan-African Payments and Settlement System (PAPSS), backed by 15 central banks on the continent, expects to add the platform later this year to complement its payments infrastructure that it says is currently integrated with 150 commercial banks. "The rates will be market driven, and our system is able to do a matching based on the rates offered by the different participants in our ecosystem," Mike Ogbalu, the CEO of PAPSS, told Reuters in an interview from Cairo.

Your day-ahead look for March 12, 2025

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

American consumers – and their wallets – are the engine of the economy. But they’re now showing the strain of inflation, President Donald Trump’s tariffs and a stock market plunge.

The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.

A performance analysis by Orderful of different equipment types highlights strengths and challenges across the market. The post Orderful report: Trucking recovering, but specialized markets still volatile appeared first on FreightWaves.

It's hard to imagine a larger catalyst for cryptocurrencies than the one on March 6, when the White House issued an executive order that the U.S. would be forming both a Strategic Bitcoin Reserve and a national Digital Asset Stockpile. And yet in the wake of that ultra-bullish announcement, the prices of major cryptos including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Cardano (CRYPTO: ADA) are all down, and substantially in most cases. Under the plan for the Strategic Bitcoin Reserve and the Digital Asset Stockpile, the government will not be buying any of the cryptocurrencies mentioned above, at least not in a way that involves spending from the nation's budget.