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Portugal launches first open-source AI model, joining Europe's sovereignty pushPortugal has unveiled its inaugural open-source artificial intelligence model, named Amalia, a significant step towards European AI soverei...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Defence startups raid auto and fracking sectors for parts to speed weapons outputSoaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns...
US Stock Market: Rising equity financing costs cast shadow over Wall Street's rallyUS stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...
US DOJ closes criminal probe into Abbott over baby formula plant: ReportThe US Justice Department has reportedly ended its criminal investigation into Abbott Laboratories concerning its baby formula plant, which...
Venezuela quake death toll nears 1,500 as rescue work goes onRescue teams are desperately searching for survivors in Venezuela following devastating earthquakes that have claimed nearly 1,500 lives. F...
Touring Trump's Washington: How the president is putting his imprint on the nation's capitalWashington D.C. is undergoing a dramatic transformation under President Trump's influence as America approaches its 250th anniversary. Visi...
JD Vance, Rubio strike different tone on Iran and IsraelUS-Iran war: Divergent remarks from Vice President JD Vance and Secretary of State Marco Rubio regarding Israel's military actions in Leban...
Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
Italy's Domyn to launch open source frontier AI model within a yearThe Italian tech company Domyn plans to unveil an extensive, fully open-source AI model in less than a year, putting it on track to compete...
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
Donald Trump cancels housing bill signing to pressure Republicans on voting billPresident Trump has postponed a housing bill signing to push Republican senators for passage of his voting restrictions, the SAVE America A...
US announces $17.5 billion in loans for nuclear power supply chainThe U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accele...
US push to get Iran talks started hits an early bump due to intense fighting in LebanonHigh-stakes talks between the US and Iran have stalled as Tehran demands an end to Israeli strikes in Lebanon before negotiations can begin...
US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
After war losses, Hezbollah seen gaining from Iran-US dealIran's deal with the U.S. is expected to boost Hezbollah's finances and political standing in Lebanon. Tehran has promised more funding to ...
Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
Iran says the initial deal to end the war with US requires Israel to withdraw from LebanonA tentative deal to end the war between the U.S. and Iran faces a major hurdle. Iran insists Israel must withdraw from Lebanon, a condition...
U. S-Iran deal to collapse? Top Tehran diplomat sounds warning related to reopening of Strait of Hormuz, resumption of all-out warIsrael and the Lebanese government have entered their own U.S.-mediated direct negotiations, of which Hezbollah was not part. Those talks h...