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MIDTERM ELECTIONS 2023
Indian-Americans back candidates beyond diaspora as they seek greater US political representationIndian-Americans are strategically supporting candidates sympathetic to their community ahead of the upcoming midterm elections. Several In...
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...
Global Market Today: Asian stocks drop on inflation concerns, oil gainsMSCI’s Asia Pacific index for equities slipped 0.3%, with shares in Japan and South Korea falling, while markets in mainland China return f...
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...
CNN’s new era begins as Skydance brings two news giants under one roofSkydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as...
Trump opens tax-free use of 'red' diesel to all as Republicans face midterm heatUS President Donald Trump signed an executive order in Nebraska that aims to ease tax limits on diesel fuel. This decision is intended to s...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high
The US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
Saudi Arabia plans assault on Houthis to break Red Sea chokeholdSaudi Arabia is preparing for an offensive against Houthi militants in Yemen, focusing on securing the Bab el-Mandeb Strait. The operation ...
Trump says latest Iran peace offer not enough, may resume bombing, and other Mideast developmentsUS President Donald Trump has suggested that following the elections, he might escalate military actions against Iran. In Yemen, clashes ha...
Anthropic's IPO prospectus shows sweeping AI vision, surging costsBut the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on clou...
In Iowa, soaring cancer rates emerge as a key midterms issueCancer has emerged as an unusual bipartisan campaign issue in Iowa’s midterm races as the state confronts the second-highest cancer rate in...
Anthropic targets more than $2 trillion valuation in closely watched IPO despite $42 billion 2025 lossAnthropic is planning an IPO that could value the company at over $2 trillion. Despite reporting a net loss of $42 billion last year, its r...
Tom Barrett has $2.9M, Gabe Evans $3.9M, David Valadao $3.4M: Inside the huge cash gaps shaping US midterm elections 2026With the 2026 midterms on the horizon, financial disparities are stark in various competitive U.S. House races. Incumbents frequently enjoy...
Anthropic, OpenAI sound alarm on AI safety — and seek to shape how it's controlledThe CEOs of Anthropic and OpenAI recently declared America's cutting-edge models are so powerful, they're dangerous, and need to be regulat...
Trump threatens to ‘annihilate’ Iran, says deal will come after US midtermsUS President Donald Trump delivered a sharply worded warning to Iran at the UN General Assembly, saying Tehran faces a choice between reach...
US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
America in focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%The US economy remained in focus as inflation, borrowing costs and consumer spending has been shaping the outlook for households and busine...
'In our lane': Fed's Warsh defies Trump but still fighting for credibilityUS Federal Reserve chair Kevin Warsh delivered the interest rate hike this week that many economists think surging inflation required, defy...
Fed builds credibility, but hawkish turn leaves investors edgyIn a significant move, the Federal Reserve has raised interest rates for the first time since 2023, marking a shift towards a hawkish stanc...