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Sun, Feb 08, 2026 12:50 PM All times are UTC

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Argentina’s soaring poverty levels don’t seem to be hurting president Javier Milei – but the honeymoon could be over

Dec 13, 2024 05:35 am UTC| Insights & Views Economy

Argentina, a nation once ranked among the wealthiest in the world, has found itself grappling with severe economic challenges over the past 25 years. Then, one year ago, provocative libertarian economist Javier Milei was...

Central Banking Series

Central Banks React: Coordinated Rate Cuts Signal Global Economic Caution

Dec 13, 2024 04:48 am UTC| Central Banks Economy

On December 11, 2024, the Bank of Canada (BoC) implemented a 50 basis point cut to its overnight interest rate, bringing it down to 3.25%. This reduction marks the second consecutive cut of this magnitude and the fifth...

Trump’s FTC Pick Andrew Ferguson Takes Aim at AI, Big Tech, and Social Media’s Hidden Crisis

Dec 13, 2024 04:02 am UTC| Economy Technology Politics

President-elect Donald Trumps FTC nominee, Andrew Ferguson, is ready to challenge Big Tech dominance and reshape AI and social media oversight. His agenda prioritizes innovation while addressing privacy and transparency...

Nvidia Doubles Down in China for AI Cars: 200 Hires Boost Ambitions Amid Trade Tensions

Dec 13, 2024 03:40 am UTC| Economy Technology

Nvidia, the global semiconductor leader, is amplifying its AI-driven car research in China, hiring 200 new employees even as semiconductor trade tensions escalate. Nvidia Expands AI Car Research in China Nvidia, a...

Meta Unveils Meta Motivo AI: Redefining Realism for Metaverse Avatars

Dec 13, 2024 03:12 am UTC| Technology Business Economy

Meta has revealed Meta Motivo AI, a cutting-edge solution to bring unprecedented realism to Metaverse avatars. This breakthrough reflects Metas bold investments in AI and immersive technology, aiming to transform virtual...

China Doubles Down on Debt and Looser Monetary Policies to Fight ‘Trump’s Trade Blitz!’ Shocking Economic Moves Revealed

Dec 12, 2024 20:19 pm UTC| Economy

Amid escalating trade tensions with the United States under the leadership of President-elect Donald Trump, China unveiled plans to ramp up its budget deficit, issue more debt, and ease monetary policies. These measures,...

Dollar Soars on Hot Inflation Data While Euro Stumbles After ECB Rate Cut: ‘The Picture Is Far From Rosy

Dec 12, 2024 20:17 pm UTC| Economy

The U.S. dollar gained ground on Thursday following stronger-than-expected inflation data, while the euro dipped as the European Central Bank (ECB) implemented its fourth interest rate cut of the year. The Federal Reserves...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....