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Thu, Sep 24, 2026 11:55 PM All times are UTC

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Key points in the Minutes from the April 28-29 FOMC meeting

May 20, 2015 19:14 pm UTC| Commentary

Its still looking like September lift-off, according toBMO Capital Markets Economics.See three key points in the Minutes from the April 28-29 FOMC meeting: First, appetite for June lift-off is waning. A few anticipated...

US FOMC minutes push first rate hike into H2

May 20, 2015 18:50 pm UTC| Commentary

The minutes of the late April FOMC meeting revealed that most officials still believed the weakness in first-quarter activity was "partly or even largely transitory". Regardless of whether it was transitory or more...

Euro-zone composite PMI might have fallen again in May

May 20, 2015 18:15 pm UTC| Commentary

After having fallen for the first time in five months in April, there are reasons to think that euro-zone composite PMI (09.00 BST) might have fallen again in May.Oil prices have rebounded and concerns about Greeces future...

Fundamentals remain robust for recovery in UK spending

May 20, 2015 17:55 pm UTC| Commentary

UK April retail sales figure (09.30 BST) should hopefully show that Marchs fall of -0.5% was just temporary.Indeed, with wage growth strengthening, unemployment low and falling, confidence high, and consumers yet to spend...

Chances of near-term easing by the Bank of Japan have diminished

May 20, 2015 17:38 pm UTC| Commentary

The 0.6% q/q increase in Q1 GDP was stronger than expected, but largely the result of an outsized 0.5 ppt boost from stockbuilding.Admittedly, Wednesdays figures suggest that the chances of near-term easing by the Bank of...

Rising inflation will continue to weigh on South Africa's consumer spending

May 20, 2015 17:18 pm UTC| Commentary

Data released on Wednesday show that CPI inflation in South Africa rose to 4.4% y/y in April, which will continue to weigh on consumer spending. Other sectors were stronger, but Capital Economics expects GDP growth slipped...

Turkey interest rates to remain pat on political pressures

May 20, 2015 17:11 pm UTC| Commentary

Turkeys central bank left all of its key interest rates unchanged on Wednesday, and the MPC hinted that its more concerned about the inflation outlook than before."Political pressure means official interest rates are...

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Economy

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

European Stocks Fall as Bond Yields and Geopolitical Risks Weigh

European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

Trump, Xi Focus on Trade and AI at White House Summit

U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday, opening high-level talks focused on trade, artificial intelligence, security and broader U.S.-China relations. Xis trip...

Oil Prices Jump 3% as Houthi Attack Revives Supply Fears

Oil prices surged about 3% on Thursday, with Brent crude reaching a one-week high after a Houthi missile attack on Saudi Arabia renewed concerns over Middle East supply disruptions. Gains eased later as reports emerged...

Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets

Wall Street finished mostly unchanged on Thursday after a volatile session driven by surging oil prices, rising U.S. Treasury yields and increasingly hawkish Federal Reserve signals. The SP 500 closed nearly flat at...

Politics

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

Netanyahu’s Brief US Trip Highlights Strains With Trump

Israeli Prime Minister Benjamin Netanyahu is expected to make an unusually short visit to the United States for his UN General Assembly address, underscoring signs of strain in US-Israel relations ahead of Israels October...

Abbas Reaffirms November 28 Palestinian Elections

Palestinian President Mahmoud Abbas reaffirmed plans to hold legislative elections on November 28, potentially marking the first Palestinian parliamentary vote in two decades, even as political and logistical obstacles...

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

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...

BlackBerry Shares Rise as Q2 Earnings, Revenue Beat Estimates

BlackBerry shares climbed more than 2% in premarket trading Thursday after the cybersecurity and software company reported stronger-than-expected second-quarter results and issued an upbeat full-year revenue outlook....

Apple Extends Qualcomm Patent Licensing Deal

Qualcomm said Thursday that Apple has extended its patent-licensing agreement with the U.S. chip designer, maintaining a key part of their relationship even as the iPhone maker works to reduce its dependence on Qualcomm...