Bets on US Federal Reserve rate hike in October fall as job market coolsLast month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose ...
UK average diesel pump price hits £2 per litre for first timeThe average price of a litre of diesel fuel in Britain has reached £2 for the first time. This increase is a result of ongoing global surge...
Memory, not processors, remains Europe's supercomputing weakness, Bull CEO saysBull, a French supercomputer maker, reports an increase in local sourcing of its components to 70%. Despite the progress in sourcing, memor...
10-year bond yield breaches 7.20%; hits 2.5-year highIndia's 10-year benchmark bond yields have surged to 7.21%, reaching their highest point in two and a half years. With oil prices continuin...
India power demand jumps 11% in September to record 269 GW peak amid deficit monsoonIndia’s power consumption rose 11.3% year-on-year to 162 billion units in September, driven by cooling and irrigation demand amid a deficit...
Goldman Sachs pushes Fed rate hike forecast to DecemberGoldman Sachs has revised its forecast for the next US interest rate hike from October to December. This change comes after lower-than-expe...
US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike betsOn Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, althou...
Polymarket introduces deposit limits, lock-outs to combat trading addictionPolymarket has introduced innovative tools aimed at aiding users in controlling excessive trading habits. These features include optional d...
US stocks: AI infra firm Accelevation valued at $3.9 billion as shares fall in Nasdaq debutAccelevation's shares began trading below the initial public offering price of $18, reflecting current market instability. The company, whi...
Global Market: Eurozone bond yields ease from highs as rate-hike bets coolEurozone bond yields eased Wednesday from multi-year highs as investors tempered expectations for further rate hikes. Germany’s 10-year yie...
Sensex rises 130 points, Nifty falls below 22,700 amid cooling oil, rising bond yields. What lies ahead?Indian shares traded mixed as easing oil prices supported sentiment, while surging US bond yields kept investors cautious. Sensex gained ar...
Not even $10,000 per household could convince this rural Pennsylvania town to stop protesting an AI data center projectA Pennsylvania town was offered $10,000 for each of its roughly 4,500 households as part of a proposed AI data center project, but many res...
India bonds edge up on short covering as US yields coolIndian government bonds experienced a rise after a sharp selloff raised benchmark yields. US Treasury yields decreased, leading to investor...
Sunflower-like AC: Chinese scientists develop a cooling system that follows Sun and provides 135% higher cooling during hot noon. Here's how it worksChinese scientists built sunflower-like AC: Researchers in China have developed a sunflower-inspired radiative cooling system that changes ...
Delhi gets an early taste of winter at 21°C as September temperature hits 18-year lowOn Sunday, Delhi's weather took an unexpected turn as the temperature dipped to 21 degrees Celsius, which is three degrees below the averag...
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressuresForeign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic ...
Rupee soothed by intervention, surge in forward premiums tipped to coolThe Indian rupee strengthened slightly against the dollar as oil prices declined and the central bank intervened. Oil prices fell about 2%,...