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Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yieldsUS equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI's revenue performance. The Nasdaq 100 and S&P...
US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demandIn the U.S., the 30-year fixed-rate mortgage has surged to 7.40%, fueled by rising inflation that has also driven up energy costs and Treas...
As Democrats eye big midterm wins, Republicans look to turn the tables in some House districtsRepublicans are focusing on pivotal congressional races as they seek to gain ground in the midterms. Key issues include immigration and eco...
Meet Ken Paxton, a ‘true MAGA Warrior’ secretly blaming Trump’s Iran war and gas prices for ‘dragging’ on his campaign in TexasKen Paxton, the Texas Republican Senate candidate, raised alarms about his campaign's hurdles stemming from escalating fuel costs. He point...
Trump’s former AI advisor Sriram Krishnan seeks $500 million for new venture fundSriram Krishnan is planning to raise a $500 million venture fund dedicated to AI companies. This fund will target businesses that have reac...
Fed minutes show some officials want to prepare for market stressFederal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expres...
AI drives global goods trade facing Trump tariffs, war headwindsGlobal goods trade is projected to grow significantly this year, driven primarily by demand for artificial intelligence products. Despite t...
Margin boost: Jefferies picks 3 bank stocks to gain the most from RBI rate hikesJefferies expects RBI’s 25-basis-point rate hike and calibrated tightening stance to support bank earnings, particularly ICICI Bank, SBI an...
US, China, EU: three paths to regulating AIThe United States, China and the European Union are taking different paths to govern artificial intelligence, as calls grow worldwide to re...
Gold flat as focus turns to Fed minutesGold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold ...
US judge blocks Trump policy of fining migrants up to $1.8 millionA federal judge in Boston ruled against the Trump administration's fines on migrants failing to leave the US. This ruling followed a class-...
Who was Dennis Hastert? How the death of the longest-serving Republican House speaker highlights dark history of child abuse and a powerful political careerDennis Hastert, the longest-serving Republican House speaker, died at 84 due to natural causes. He served from 1999 to 2007 and represented...
US midterms: 435 House seats, 35 Senate races and $12 billion in spendingElections on November 3 will determine control of Congress, affecting Trump's agenda as he finishes his term. Voters will decide on all 435...
Energy prices in USA: Electricity to cost the most in five states. Here's why, check listCalifornia-based think tank said there will be more demand for natural gas for electricity because the administration is canceling new wind...
RBI may hike repo rate by 25 bps as inflation and oil risks mount: Sunil SanghaiThe RBI could raise the repo rate by 25 basis points in October and signal further tightening as inflation, elevated crude prices and a nar...
“God Made Trump, the Country He Loves”: 13 taxpayer-funded ads and $20 million campaign revealed as Trump’s unusual ad blitz expandsThe Trump administration is actively utilizing 13 taxpayer-funded, campaign-style ads to promote its policies. These advertisements showcas...
Why is Trump redirecting $2 billion into $90 Medicare checks, and who qualifies for the payment?President Donald Trump has announced one-time $90 payments for more than 20 million Medicare Part B enrollees. The White House says the mon...
Jay Clayton: The man Trump may put in charge of America’s AI raceUS President Donald Trump is expected to name Director of National Intelligence Jay Clayton as the White House's new AI czar, CNN reported,...
SBI Research sees CPI inflation at 5.65% in Sept, above 6.5% in Oct-NovSBI Research forecasts a rise in CPI inflation to around 5.65 percent in September. They expect it to exceed 6.5 percent during October and...
Chinese hackers impersonated ex-US official to steal emails from AI expertsIn a report, Proofpoint said that it had watched the hackers - which it dubs "TA419" - regularly try to steal passwords from people working...