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Sat, Jan 17, 2026 02:20 AM All times are UTC

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Tesla's Robotaxi Day Unlikely to Shift Investor Sentiment, Says Barclays

Oct 01, 2024 03:37 am UTC| Economy

Teslas highly anticipated Robotaxi Day, scheduled for October 10, is unlikely to significantly influence investor sentiment, Barclays analysts suggest. While the event will outline Teslas ambitious plans for autonomous...

Fed's Powell Signals More Rate Cuts, Emphasizes Data-Driven Approach

Oct 01, 2024 03:19 am UTC| Economy

Federal Reserve Chairman Jerome Powell signaled Monday that the Federal Reserve may continue adjusting interest rates toward a more neutral level but emphasized that future rate decisions will depend on economic data and...

China’s Factory Slowdown and Services Slump Spark Calls for Stronger Economic Stimulus

Sep 30, 2024 15:08 pm UTC| Economy

Chinas factory activity contracted for the fifth consecutive month in September, while the services sector experienced its first contraction since December. Despite efforts by policymakers to stimulate growth, the slowdown...

Russia Faces Critical Yuan Shortage as U.S. Sanctions Threaten Chinese Banking Ties

Sep 30, 2024 15:01 pm UTC| Economy

As U.S. sanctions tighten, Russias reliance on the yuan faces severe strain. Chinese banks may halt transactions with Russian businesses, threatening a critical economic lifeline built since the Ukraine invasion. Moscows...

Wedbush Predicts Double-Digit Surge in Tech Stocks as AI Boom Drives Spending

Sep 30, 2024 09:36 am UTC| Economy

Tech stocks are poised for a double-digit rally by the end of 2024, followed by an even stronger bull market in 2025, according to a report released Sunday by Wedbush analysts. After spending several weeks in Asia,...

Kamala Harris Raises $55 Million During Weekend Fundraisers in California

Sep 30, 2024 09:28 am UTC| Economy

U.S. Vice President and Democratic presidential candidate Kamala Harris raised $55 million over two fundraising events this weekend, according to a campaign official. The first event was held at the Palace of Fine Arts...

Asia-Pacific Cross-Border M&A Booms as Japan Drives Growth

Sep 30, 2024 09:20 am UTC| Economy

Cross-border MA in the Asia-Pacific region has seen significant growth this year, particularly in Japan, as companies seek new opportunities while adapting to higher interest rates. The total value of these cross-border...

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Economy

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...

U.S. Stocks Finish Nearly Flat as Earnings Season Begins and Investors Eye Volatility

U.S. stocks ended nearly flat on Friday after a choppy trading session, as investors remained cautious ahead of a long holiday weekend and the early stages of fourth-quarter earnings season. Despite modest daily moves, all...

Australia Treasurer Backs RBA Governor’s Support for Fed Chair Jerome Powell Amid Independence Concerns

Australias Treasurer Jim Chalmers has publicly backed Reserve Bank of Australia (RBA) Governor Michele Bullock after she joined a group of global central bank leaders in expressing solidarity with U.S. Federal Reserve...

Asian Currencies Trade Narrowly as US Dollar Holds Near Six-Week High on Strong Data

Most Asian currencies traded within tight ranges on Friday, while the U.S. dollar remained firm near a six-week high, supported by strong U.S. economic data and fading expectations for imminent Federal Reserve rate cuts....

Canada–China Strategic Partnership Signals Reset With Historic Economic Potential

Canada and China are moving toward a renewed strategic partnership that could deliver historic economic gains by building on the complementary strengths of both nations, Canadian Prime Minister Mark Carney said during...

Politics

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...

Ukraine Seeks U.S. Security Guarantees and Post-War Recovery Deal Ahead of Davos Talks

A Ukrainian delegation is traveling to the United States for high-level talks on security guarantees and a large-scale post-war recovery package, President Volodymyr Zelenskiy announced, expressing optimism that key...

FAA Issues 60-Day Flight Warnings Over Central and South America Amid Rising Military Tensions

The U.S. Federal Aviation Administration (FAA) has issued a series of aviation safety warnings urging airlines to exercise heightened caution when flying over Central America, parts of South America, and nearby oceanic...

Trump Signals Preference for Hassett to Stay at White House, Shifting Fed Chair Odds and Markets

President Donald Trump indicated on Friday that he would prefer National Economic Council Director Kevin Hassett to remain in his current White House role rather than move to the Federal Reserve, a statement that quickly...

U.S. and Mexico Reaffirm Security Partnership Amid Calls for Stronger Border Action

Mexican Foreign Minister Juan Ramón de la Fuente and U.S. Secretary of State Marco Rubio held a high-level call on Thursday focused on security cooperation and the future of the U.S.-Mexico partnership, according to...

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

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...

Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion

Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its Managing Director of India, signaling a major push into one of the worlds fastest-growing AI markets. The appointment...

TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) shares surged to a record high in Taipei trading on Friday, underscoring strong investor confidence driven by robust fourth-quarter earnings and sustained demand from the...

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...