China Faces Continued Deflation Amid Trade Tensions and Weak Domestic Demand

Chinas consumer prices fell for the third consecutive month in April, underscoring persistent deflationary pressures as the economy struggles with a property slump, weak consumer confidence, and trade tensions with the...

ECB’s Schnabel Warns Against Further Rate Cuts Amid Inflation Risks

European Central Bank (ECB) board member Isabel Schnabel cautioned against additional interest rate cuts, warning that inflation could exceed the ECBs 2% target in the medium term due to rising global price pressures....

Treasury Secretary Warns of U.S. Debt Default Risk Without Congressional Action

U.S. Treasury Secretary Scott Bessent has urged Congress to raise the federal debt ceiling by mid-July to prevent a potential default that could disrupt global financial markets. In a letter to lawmakers on Friday, Bessent...

Wall Street Dips Amid Tariff Talks and Trump’s China Comments

U.S. stocks ended slightly lower Friday as markets reacted to President Donald Trumps remarks on Chinese tariffs ahead of key trade talks this weekend in Switzerland. The Dow Jones Industrial Average slipped 119.07 points...

House Republicans Push to Make Trump’s 2017 Tax Cuts Permanent

The House Ways and Means Committee released a 28-page draft on Friday outlining key elements of President Donald Trumps proposed tax overhaul, aiming to make the 2017 tax cuts permanent. The proposal boosts the child tax...

Iran Stands Firm on Nuclear Rights Ahead of US Talks

Irans Deputy Foreign Minister Abbas Araqchi stated Saturday that Tehran will never surrender its nuclear rights, especially its right to enrich uranium, as indirect nuclear negotiations with the United States resume in...

US-China Trade Talks in Geneva Set to Resume Amid Global Economic Tensions

Trade negotiations between the United States and China in Geneva have paused for the night and are scheduled to continue on Sunday, according to a source familiar with the matter, as reported by Reuters. Leading the...

Global Leaders Welcome India-Pakistan Ceasefire Agreement

U.S. President Donald Trump announced on Saturday that India and Pakistan have agreed to a full and immediate ceasefire following four days of intense cross-border military strikes. The announcement came after overnight...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Nvidia Tops Fund Holdings Despite Semiconductor Sector Underweighting

Nvidia Corp. (NASDAQ: NVDA) remains the most widely held semiconductor stock among U.S. active fund managers, according to April data from BofA Securities. The chipmaker was included in 73% of fund portfolios, marking a...

Pinterest Stock Surges 12% on Strong Revenue Forecast and AI Ad Strategy

Pinterest (NYSE:PINS) shares surged over 12% in premarket trading Friday after the companys upbeat quarterly revenue forecast eased concerns over ad spending amid global economic uncertainties. The image-sharing platform...

SMIC Eyes Tariff Impact Amid Uncertain Q2 Outlook

Semiconductor Manufacturing International Corporation (SMIC), Chinas top chip foundry, is closely watching the impact of tariffs on customer demand, according to co-CEO Zhao Haijun. Speaking during an earnings call on...

Apple’s AI Search Push Threatens Google’s $20B Safari Deal

Apple is reportedly planning to add AI-powered search options to its Safari browser, posing a major threat to Googles dominance in online search. The move signals a potential end to Googles exclusive deal as Safaris...