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U.S. Conference Board’s consumer confidence index rises strongly in June

Jun 30, 2020 19:33 pm UTC| Commentary

The U.S. Conference Boards index of consumer confidence rose to 98.1 in June, rising 12.2 points from the prior month, the largest since November 2011. The June reading was above consensus expectations of 91.5. Gains were...

U.S. house prices continue to rise further in April

Jun 30, 2020 19:02 pm UTC| Commentary

U.S. house prices continued to rise in April, according to the latest estimates. The 20-city composite from SP/Case-Shiller CL showed that house prices rose 0.3 percent sequentially and 4 percent year-on-year, following a...

Canadian real GDP growth contracts sharply month-on-month in April

Jun 30, 2020 18:39 pm UTC| Commentary

Canadian industry-level real GDP dropped sharply in April, falling 11.6 percent month-on-month. This follows Marchs fall of 7.5 percent decline, leaving the level of real GDP 18.2 percent below its pre-COVID-19...

Australian labor market rebound seems to have stalled

Jun 30, 2020 13:46 pm UTC| Commentary

Labor market recovery in Australia seems to have stalled. Payroll jobs rose only 0.1 percent over the fortnight ending 13 June, after averaging 0.9 percent growth over the previous three fortnights. Although these data are...

Euro area’s core inflation slows down in June, likely to decline further in months ahead

Jun 30, 2020 12:52 pm UTC| Commentary

Euro areas underlying inflation continued to decline in the month of June. The core inflation rate, which excludes the volatile prices for energy, food, alcohol and tobacco, dropped to 0.8 percent. A further fall to 0.6...

Blockchain Revolution Series: solarisBank AG Announces Mammoth €60 Million Via Series C Funding

Jun 30, 2020 12:35 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary

solarisBankthat happens to be Europes renowned banking service platform, managed to raise EUR 60 million funding through series C round. Today, Germanys banking giant, hasannouncedthat they have fetched a mammoth 60...

Gold consolidates within narrow ranges as signs of recovery offset worries over coronavirus surge

Jun 30, 2020 09:02 am UTC| Commentary

Gold prices consolidated within narrow ranges as the swing in sentiment between hopes of quick economic recovery and fears of resurgent coronavirus cases kept markets on edge. However, the safe-haven metal was heading for...

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Economy

China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts

Chinas livestream shopping industry is entering a slower phase, but Li Jiaqi, the influential presenter known as the Lipstick King, believes artificial intelligence will complement rather than replace human hosts. Li, who...

Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes

Oil prices fell during Asian trading on Thursday, giving back some of the previous sessions gains as investors assessed escalating U.S.-Iran tensions alongside signs that diplomatic efforts could still ease the conflict....

Japan Private-Sector Growth Slows as Domestic Demand Weakens

Japans private-sector growth lost momentum in September as weaker domestic demand slowed new orders across manufacturing and services, according to preliminary SP Global purchasing managers index data released Thursday....

South Korea, US Discuss Warship Building Cooperation

South Korean President Lee Jae Myung discussed expanding cooperation with the United States on warship construction during a meeting with U.S. President Donald Trump on Wednesday, according to South Koreas presidential...

Russian Envoy Dmitriev Heads to US for Ukraine Talks

Russian presidential envoy Kirill Dmitriev is traveling to the United States for talks with Trump administration representatives, including Steve Witkoff and Jared Kushner, as Washington and Moscow continue diplomatic...

Politics

Ghana Says Western Support Growing for Slave Trade Reparations

Ghana says Western support is increasing for its campaign seeking reparations for the trans-Atlantic slave trade, with the initial effort focused on securing the return of African artifacts taken during the colonial era....

Sudan Rejects US Legitimacy Remarks, Defends Sovereignty

Sudan on Wednesday defended its national sovereignty and urged the United States to engage constructively with its government after Washington questioned the legitimacy of the countrys warring authorities. The dispute...

US Invites Putin to Miami G20, Opening Door to Trump Summit

The United States has invited Russian President Vladimir Putin to attend the G20 summit in Miami, Florida, in December, potentially creating an opportunity for another meeting with U.S. President Donald Trump. U.S....

US Officials Split Over Response to Israeli West Bank Settlements

A proposed U.S. statement criticizing the UK, France and Canada over restrictions on imports from Israeli settlements in the occupied West Bank was ultimately shelved amid disagreements within the Trump administration,...

Europe Warns Russia Is Escalating Hybrid Attacks Across NATO

European officials have warned that Russia is intensifying hybrid attacks across Europe, including cyberattacks, sabotage and airspace violations, in an effort to weaken Western support for Ukraine. Speaking during the UN...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Unveils Muse Charm AI Device, Expands Smart Glasses Lineup

Meta Platforms (NASDAQ: META) unveiled a palm-sized device designed specifically for its Muse artificial intelligence agent on Wednesday, alongside an expanded lineup of smart glasses and new AI capabilities. CEO Mark...

SoftBank Raises $11.1 Billion in Bond Sale to Fund OpenAI Investment

SoftBank Group has raised $11.1 billion through a major dollar- and euro-denominated bond offering as the Japanese technology investment giant builds up cash to finance its expanding artificial intelligence investments,...

Meta Connect Spotlights Camera-Free Smart Glasses Amid Privacy Concerns

Meta Platforms opened its annual Connect conference on Wednesday, with the technology giant expected to introduce new smart glasses as it seeks to expand its lead in AI-powered wearable devices while addressing mounting...

Anthropic’s Claude Discovers CRISPR-Like Enzyme System

Anthropic has launched a new life sciences research group and laboratory focused on fundamental biology, with its Claude AI model already contributing to the discovery of a previously unknown enzyme system that shares...

Microsoft Stock Upgraded as Stifel Sees Stronger Azure Growth

Stifel upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold and lifted its price target to $575 from $530, citing stronger confidence in the technology giants ability to maintain mid-to-upper-teens revenue growth. Analysts...
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