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Sat, Jan 17, 2026 03:03 PM All times are UTC

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Barclays Warns: 'Stock Pickers Will Rule' in Chaotic Post-Election Market Shift

Nov 16, 2024 09:42 am UTC| Business Economy

As markets digest the implications of Donald Trumps return to the White House, Barclays strategists are sounding the alarm: investors should prepare for a stock pickers market. With sector return dispersion expected to...

‘Vaccine Panic!’ Trump’s RFK Jr. Nomination Sparks a $7 Billion Market Meltdown, Pfizer Leads the Slide

Nov 16, 2024 09:10 am UTC| Economy Business

The announcement of Robert F. Kennedy Jr. as President-elect Donald Trumps pick for Secretary of Health and Human Services (HHS) has sent shockwaves through the pharmaceutical industry, sparking a sharp sell-off in vaccine...

U.S. Dollar Rallies to Monthly High Amid Fed’s Rate Cut Hesitation and Uncertain Cabinet Picks

Nov 16, 2024 06:15 am UTC| Economy Politics

The U.S. dollar surged to its strongest weekly performance in over a month as traders reassessed interest rate expectations and braced for the potential inflationary impact of President-elect Donald Trumps proposed...

Wall Street Chaos: Fed Signals Slower Rate Cuts as Trump’s Cabinet Picks Fuel Market Panic

Nov 16, 2024 06:07 am UTC| Economy Business

Global stocks experienced their sharpest weekly drop in two months, with Wall Street leading the decline, as Federal Reserve Chair Jerome Powell signaled a cautious approach to future interest-rate cuts. Coupled with...

Ireland’s Surplus Soars as Apple Back-Tax Windfall Fuels Fiscal Transformation: ‘Unprecedented Revenue Boom'

Nov 16, 2024 06:02 am UTC| Economy Business

Irelands fiscal landscape received a significant boost on Friday as SP Global Ratings upgraded the countrys outlook from stable to positive, citing exceptional corporate tax revenue growth. This fiscal turnaround has been...

Wall Street Plummets as Powell Cautions on Rate Cuts and Trump Cabinet Picks Shake Confidence

Nov 16, 2024 05:58 am UTC| Business Economy

Wall Street saw a dramatic downturn on Friday, with major indexes recording their steepest losses in two weeks. Investor sentiment soured following Federal Reserve Chair Jerome Powells cautious remarks on future rate cuts...

New Zealand Strikes Landmark ‘Sustainable’ Trade Deal with Switzerland, Costa Rica, and Iceland

Nov 16, 2024 05:52 am UTC| Economy

New Zealand has solidified its position as a global advocate for sustainability by signing a groundbreaking trade agreement with Switzerland, Costa Rica, and Iceland. The Agreement on Climate Change, Trade and...

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Economy

Silver Prices Surge as Retail Investors Drive Unusually Strong Rally

Silver has delivered a powerful and unexpected rally in recent months, outperforming most other commodities and precious metals. Prices have climbed at a pace that historically took years to achieve, with silver futures...

Venezuela Prepares to Resume Dollar Sales to Support Bolivar After Oil Disruptions

Venezuela is reportedly moving closer to restarting government-backed dollar sales, a step that could help stabilize the countrys fragile bolivar after weeks of turbulence linked to US sanctions and oil export disruptions....

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

U.S. Denies Plans to Use Venezuelan Oil to Refill Strategic Petroleum Reserve

The U.S. Department of Energy has denied reports that the federal government is considering using Venezuelan oil in an exchange with American oil companies to help refill the Strategic Petroleum Reserve (SPR). On Friday, a...

U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales

The United States is accelerating efforts to grant Chevron an expanded license for oil production in Venezuela, a move that could significantly reshape the countrys energy sector and global oil markets. U.S. Energy...

Politics

DOJ Sues Virginia Over Failure to Provide Full Voter Registration Records

The U.S. Justice Department has filed a lawsuit against the state of Virginia, alleging that state officials failed to comply with federal requirements to provide complete voter registration lists. According to a statement...

Trump Honored With Road Renaming Near Mar-a-Lago as His Name Expands Across U.S. Institutions

U.S. President Donald Trump marked the ceremonial renaming of a major roadway near his private club in Palm Beach, Florida, highlighting the continued expansion of initiatives, buildings, and programs bearing his name...

Trump Expands Investment Portfolio With $100M Bond Purchases Amid Conflict Questions

U.S. President Donald Trump disclosed the purchase of nearly $100 million in municipal and corporate bonds between mid-November and late December, according to newly released financial filings. The disclosures, posted late...

White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability

The White House has urged PJM Interconnection, the largest electric grid operator in the United States, to hold an emergency power auction to prevent rolling blackouts as electricity demand from data centers accelerates...

Trump Announces “Board of Peace” to Oversee Transitional Governance of Gaza

The White House on Friday officially announced the members of the so-called Board of Peace, a new international body proposed under President Donald Trumps plan to supervise the temporary governance of Gaza. The...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production

Suppliers producing key components for Nvidias H200 artificial intelligence chips have reportedly paused production after Chinese customs authorities blocked shipments of the newly approved AI processors from entering...

California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery

California Attorney General Robert Bonta has issued a cease-and-desist letter to Elon Musks artificial intelligence company xAI, demanding an immediate stop to the creation and distribution of AI-generated nonconsensual...

TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure

TikTok is set to roll out new age-detection technology across Europe in the coming weeks, as the popular social media platform faces increasing regulatory scrutiny over child safety and age verification. The move follows a...

Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling

Alphabets Google has asked a federal judge to delay enforcing a key part of a landmark antitrust ruling that would require the company to share valuable search data with rivals, according to court filings submitted on...