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Fri, Apr 10, 2026 03:48 AM All times are UTC

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US Inflation will not be gone for long

Oct 15, 2015 17:44 pm UTC| Commentary

The drop in headline inflation to zero in September might fuel speculations that the Fed will remain on hold well into 2016. However, the move back to zero is likely to be only temporary. Thus unless oil prices continue to...

Fitch cuts Brazil's rating to just above junk

Oct 15, 2015 17:39 pm UTC| Commentary

Fitch cut its sovereign rating on Brazil to BBB- today, with a negative outlook - indicating another downgrade into junk remains a risk for the coming months. Fitch stated the key drivers for the rating downgrade as a...

Canadian home sales pull back In September

Oct 15, 2015 16:17 pm UTC| Commentary

National home sales (seasonally adjusted) fell 2.1% m/m in September. This marks the fourth consecutive month of flat or declining sales. Sales fell in over half of local markets, led by Vancouver, Calgary and...

Philly Fed manufacturing index contracts for second consecutive month

Oct 15, 2015 16:13 pm UTC| Commentary

The Philadelphia Federal Reserve manufacturing index rose slightly, to -4.5 in October (previous: -6.0), below our (-1.0) and consensus (-2.0) expectations for a modestly higher print. The details of the survey were, on...

Lower energy prices keeps headline inflation cool, but pressures beginning to bubble up in core

Oct 15, 2015 16:10 pm UTC| Commentary

Consumer prices fell -0.2% (month-over-month) in September, in line with market expectations. Core CPI (excluding food and energy) rose 0.2%, slightly hotter than the consensus view. On a year-over-year basis, overall...

Canadian housing market activity eases into fall

Oct 15, 2015 16:06 pm UTC| Commentary

Existing home sales fell 2.1% m/m in September and were up just 0.7% from year ago levels. However, sales are still elevated relative to historical norms and it was the second best September on record for homes sales....

CPI declines as energy drag continues, but core inflation strength returns

Oct 15, 2015 16:01 pm UTC| Commentary

CPI declined for the second month running in September. Energy prices were the only drag on headline CPI, while core and food prices made positive contributions. Headline CPI fell 0.2% m/m in seasonally adjusted terms...

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Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

Cuba Seeks Dialogue With Trump Administration, Diaz-Canel Says

Cuban President Miguel Diaz-Canel has reached out to the Trump administration, expressing his governments willingness to engage in diplomatic talks but only on equal terms. In an exclusive interview with NBC News anchor...

Trump and Starmer Unite to Restore Strait of Hormuz Shipping After U.S.-Iran Ceasefire

British Prime Minister Keir Starmer held a significant phone call with U.S. President Donald Trump on Thursday, focusing on the urgent need to restore commercial shipping through the Strait of Hormuz following a recently...

U.S. Warns Citizens Against Travel to Nigeria Amid Escalating Security Threats

The United States government has urged its citizens to reconsider traveling to Nigeria while authorizing non-emergency embassy staff and their families to leave Abuja, pointing to deteriorating security conditions across...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...