The Defense Department disclosed on Thursday that the Biden administration has more than doubled the number of U.S. troops in Syria, increasing the total from approximately 900 to around 2,000.
U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.
Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.
The Bank of Russia announced that it will suspend foreign currency purchases in order to "reduce the volatility of financial markets," Reuters reported.
A recent survey of voters conducted by the Trafalgar Group reveals former President Donald Trump leading Vice President Kamala Harris in four crucial swing states.
Brent crude soared to $87.92 a barrel, marking an increase of almost 4%, whereas U.S. West Texas Intermediate crude experienced a rise of 4.16%, reaching $86.23 a barrel.
The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.