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Tue, Sep 08, 2026 04:44 PM All times are UTC

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Australia's Labour Market Stays Resilient as Unemployment Holds Firm

Jul 23, 2026 06:35 am UTC| Insights & Views

Australias employment data for May 2026 revealed employment increasing by 40,300 with the jobless rate staying at 4.4 percent. A follow-up report verified that, even as the employment-to-population ratio increased to 64.0...

Gold Surges on Geopolitical Tensions: Buy Dips Toward $4205/$4300

Jul 22, 2026 12:39 pm UTC| Insights & Views

Gold gained sharply as escalation of geopolitical tensions pushed oil prices higher. After hitting a high of $4141 yesterday, its currently hovering near $4132. Technicals CMP...

UK Inflation Cools to 2.6%: Softer June CPI Print Raises BoE Easing Hopes

Jul 22, 2026 08:45 am UTC| Insights & Views

The UKs yearly CPI rate dropped from 2.8% in May to 2.6% in June 2026, while monthly inflation only moved up by 0.1%. The print came in softer than anticipated, with food non-alcoholic beverages and transportation...

Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns

Jul 21, 2026 11:44 am UTC| Business Technology Insights & Views

Morgan Stanley adopted a mixed outlook on the software sector on Tuesday, turning bearish on Adobe (NASDAQ: ADBE) and Workday (NASDAQ: WDAY) while maintaining an overall positive view of the industry. The investment bank...

UK Labor Market Beats Expectations: Unemployment Holds Steady at 4.9% as Employment Growth Surges

Jul 21, 2026 08:39 am UTC| Insights & Views

Staying at 4.9% for the three months to May, the UKs ILO Unemployment Rate came in better than the 5.0% expected by the market. The number of jobless claims also increased by barely 6.7K in June, far lower than anticipated...

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

Jul 20, 2026 01:23 am UTC| Insights & Views Business Technology

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...

Michigan Sentiment: Soft-Landing Signal

Jul 17, 2026 16:46 pm UTC| Insights & Views

Rising to 54.4, the first University of Michigan consumer sentiment index for July surpassed the 51.0 average and indicated a second consecutive monthly gain. One-year inflation expectations calmed, therefore supporting a...

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Economy

Asian Stocks Mixed as Korean Chipmakers Rally

Asian stocks traded mixed on Tuesday as strong gains in South Korean semiconductor shares boosted the regions technology sector, while rising oil prices, higher U.S. Treasury yields and expectations for tighter monetary...

Canada Retaliatory Tariffs on U.S. Goods Take Effect

Canada imposed retaliatory tariffs on $20 billion worth of U.S. goods early Tuesday, escalating its trade dispute with the United States after negotiations between the two countries collapsed last month. Prime Minister...

Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate

Iran warned Monday that it would retaliate against further U.S. attacks, threatening American oil and gas interests across the Gulf as renewed hostilities raise concerns over global energy supplies and shipping through the...

US Stock Futures Mixed as Fed Rate Hike Bets Rise

U.S. stock futures traded mixed Tuesday as Wall Street returned from the Labor Day holiday, with investors weighing stronger employment data, rising oil prices and growing expectations that the Federal Reserve could raise...

China Exports Surge 25% in August as Trade Surplus Hits $119 Billion

Chinas exports posted another strong increase in August, while imports exceeded market expectations, highlighting resilient trade activity despite signs of weakness in the worlds second-largest economy. Official customs...

Politics

Trump Threatens Bombardier U.S. Sales Ban

U.S. President Donald Trump threatened to block Canadian aircraft maker Bombardier from selling planes in the United States unless the company expands its manufacturing operations in the country, escalating tensions...

Australia Plans New Rules Giving Users Control Over Social Media Feeds

Australia has proposed new social media regulations that would give users greater control over the content appearing in their feeds, expanding the governments efforts to strengthen online safety and regulate major...

Cuba Says No US Talks as Blockade Costs Hit $8.1 Billion

Cubas foreign minister said Monday that no negotiations with the United States are currently taking place and there are no plans for future talks, as Havana blamed Washingtons decades-old trade embargo for more than $8...

Bolivia Military Barracks Explosion Kills Nine

Bolivian authorities confirmed on Monday that the death toll from an explosion at a military barracks in Viacha has risen to nine, while rescue teams continue searching for people still missing after the deadly blast. The...

Iran Threatens US With ‘Economic Warfare’ as Gulf Tensions Rise

Iran threatened the United States with economic warfare on Tuesday and claimed it had launched an advanced ballistic missile toward U.S. warships, raising concerns about another escalation in the six-month conflict. The...

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

Anthropic Drops $6 Billion Decart AI Acquisition Talks

Anthropic has reportedly abandoned plans to acquire artificial intelligence startup Decart AI after exploring a potential transaction valued at roughly $6 billion, according to Bloomberg News. The maker of the Claude AI...

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...

Nvidia CEO Says AGI Has Arrived With OpenAI GPT-6 Astra

Nvidia (NASDAQ: NVDA) CEO Jensen Huang has declared that artificial general intelligence, or AGI, has arrived, pointing to OpenAIs newly launched GPT-6 Astra as a major milestone in the accelerating development of...

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...