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US headline inflation is under pressure from external influences: TD Economics

Feb 26, 2015 17:30 pm UTC| Commentary

Quotes from TD Economics- Todays inflation report continued to emphasize the theme that has been developing for several months now, whereby headline inflation is under pressure from external influences while core prices...

Today's US CPI data unlikely to affect the timing of Fed's first rate hike: Capital Economics

Feb 26, 2015 17:24 pm UTC| Commentary

Quotes from Capital Economics- US consumer price inflation data today isnt going to affect the timing of the Feds first rate hike.- Fed officials have stressed that they expect this dip into deflation to be brief and they...

Decline in US consumer prices was entirely due to a massive fall in gasoline prices: Capital Economics

Feb 26, 2015 17:11 pm UTC| Commentary

Quotes from Capital Economics- The 0.7% m/m decline in US consumer prices was entirely due to a massive 18.7% m/m fall in gasoline prices. As a result, the annual rate of inflation fell to -0.1%, which is technically a...

USD review: Western Union

Feb 26, 2015 16:23 pm UTC| Commentary

Quotes from Western Union:- Hawkish Fed talk and mostly constructive U.S. data had the greenback on the move higher. Core consumer prices rose 1.6 percent annually in Jan, as expected. Headline job claims rose by a more...

CAD review: Western Union

Feb 26, 2015 16:22 pm UTC| Commentary

Quotes from Western Union:- The loonie stuck near its best levels in more than a week after a smaller than expected decline in local inflation was seen reducing the need for another Bank of Canada rate cut anytime soon.-...

AUD review: Western Union

Feb 26, 2015 16:21 pm UTC| Commentary

Quotes from Western Union:- Weak data from Down Under weighed on the Aussie dollar and pulled it below four-week peaks. In another sign of the fragile shape of the worlds No. 12 economy, area capital expenditures fell more...

GBP review: Western Union

Feb 26, 2015 16:20 pm UTC| Commentary

Quotes from Western Union:- Sterling held near its loftiest levels in eight weeks against the greenback though it drifted a little lower after U.K. data confirmed the slowest growth in a year during the fourth quarter....

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Economy

Trump Unveils $3 Billion U.S. Critical Minerals Push

President Donald Trump announced roughly $3 billion in U.S. government investments and financing for critical minerals, battery materials and mining projects, part of a broader effort to strengthen domestic production and...

Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

Oil prices fluctuated on Friday and remained on course for sharp weekly declines as uncertainty surrounding a potential agreement to reopen the Strait of Hormuz continued to drive volatility across global energy markets....

Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets

The U.S. dollar weakened on Friday and headed toward its first two-week losing streak since late May after a disappointing July jobs report reduced expectations for another Federal Reserve interest rate hike. The U.S....

China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade

Chinas exports posted stronger-than-expected growth in July, supported by booming global demand for artificial intelligence infrastructure and a rush to ship goods before higher U.S. tariffs took effect. Exports increased...

Politics

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Trump Administration Plans $1 Billion Security Aid Package for Colombia

The administration of U.S. President Donald Trump plans to provide $1 billion in security assistance to Colombia under newly inaugurated President Abelardo De La Espriella, the U.S. State Department said Friday. The...

US Expects Iran-Oman Hormuz Shipping Deal Soon

The United States expects Iran and Oman to reach an agreement soon that could restore commercial shipping through the Strait of Hormuz, a critical route for global oil and energy supplies, according to a Reuters report...

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

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...