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Wed, Sep 02, 2026 08:04 PM All times are UTC

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U.S. Retail Sales Signal Resilient Consumer Demand

Jul 16, 2026 13:27 pm UTC| Insights & Views

Rising 0.9% month over month to $763.7 billion, U.S. retail sales for May 2026 came in stronger than expected. Rising 0.7% as well, the control group points to robust underlying consumer spending and aids GDP...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

Jul 16, 2026 01:20 am UTC| Business Technology Insights & Views

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List

Jul 16, 2026 01:11 am UTC| Insights & Views Economy Business

UBS has strengthened its bullish stance on Chinese equities by adding Kuaishou Technology (HK:1024) and Meituan (HK:3690) to its China Global Equity Focus List while increasing allocations to Alibaba Group, Ping An...

PPI Cools More Than Expected: Softer Producer Prices Ease Upstream Inflation and Support Rate-Cut Hopes

Jul 15, 2026 16:33 pm UTC| Insights & Views

The most recent reading for U.S. producer inflation came in below expectations; both headline and core PPI indicate softening price pressures from prior months. Although levels are high enough to keep the Federal Reserve...

China GDP Beats Fears but Retail Sales Lag: Industrial Resilience Keeps Recovery Narrative Alive

Jul 15, 2026 10:51 am UTC| Insights & Views

The most recent batch of economic figures from China showed mixed but overall growth-positive results. While industrial activity stayed robust, GDP held up better than forecast. But retail sales kept falling, emphasizing...

US-Iran Conflict Deepens as Strait of Hormuz Risk Keeps Oil Markets on Edge

Jul 15, 2026 05:21 am UTC| Insights & Views

The U.S.-Iran confrontation remains volatile, with reports of fresh strikes, retaliatory attacks, and a fragile ceasefire that keeps breaking down or fraying again. Recent coverage says both sides continue to exchange fire...

U.S. Inflation Cools Sharply in June, Beating Forecasts

Jul 14, 2026 12:39 pm UTC| Insights & Views

With annual CPI slowing to 3.5% from 4.2% in May and falling under the 3.8% market prediction, U.S. inflation cooled in June. Rising 0.5% in May, CPI dropped 0.4% month over month, indicating that price pressures eased...

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Economy

FTSE 100 Falls as US-Iran Conflict Drives Oil Prices Higher

British stocks declined on Wednesday as escalating military tensions between the United States and Iran pushed oil prices higher and weakened investor appetite for risk across European markets. The FTSE 100 fell 0.30% by...

Asian Currencies Weaken as Dollar Rises, Kiwi Slides After RBNZ Hike

Asian currencies mostly weakened on Wednesday as the U.S. dollar traded near a two-week high, while the New Zealand dollar fell sharply despite the Reserve Bank of New Zealand raising interest rates. The kiwi dropped to...

Bank of England Sees Surge in Higher-Risk Collateral

British banks are increasingly using higher-risk loans and securities as collateral to access Bank of England funding, highlighting how the central banks exposure to potentially illiquid assets is growing. Banks pledged...

South Korea Inflation Rises to 3.1% in August

South Koreas consumer inflation accelerated in August, coming in slightly below market expectations but remaining near a two-year high as elevated energy and telecommunications costs continued to pressure household prices....

US Strikes Iran IRGC Targets as Conflict Escalates

The U.S. military completed a new wave of strikes against Iran late Tuesday, targeting Islamic Revolutionary Guard Corps (IRGC) facilities as fighting between Washington and Tehran intensified following a weekend exchange...

Politics

Greenland Says US Talks Remain Ongoing

Greenlands Foreign Minister Mute Egede said Wednesday that negotiations with the United States over the Arctic islands future remain underway, although he declined to disclose details of the discussions. Speaking during a...

US, Australia Pledge $580 Million for Pacific Islands

The United States and Australia announced a combined $580 million funding package for Pacific Island nations on Wednesday, stepping up regional support as competition with China for influence across the Pacific...

Ed Markey Wins Massachusetts Democratic Senate Primary

U.S. Senator Ed Markey secured the Democratic nomination for another term in Massachusetts on Tuesday, defeating Representative Seth Moulton in a closely watched primary that highlighted debates over age, experience and...

USS Abraham Lincoln Arrives in Thailand After Record 200 Days at Sea

The U.S. Navy aircraft carrier USS Abraham Lincoln arrived at Thailands Laem Chabang port on Wednesday morning after spending more than 200 consecutive days at sea, including an extended deployment in the Middle East....

US-Iran Conflict Escalates With New Strikes Near Hormuz

The U.S.-Iran conflict intensified on Wednesday after the two sides carried out their most significant exchange of attacks in weeks, raising fears of a wider Middle East war as tensions around the Strait of Hormuz...

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

MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations

MongoDB (NASDAQ: MDB) shares plunged more than 14% in premarket trading Wednesday despite stronger-than-expected fiscal second-quarter 2027 results, as investors focused on the lack of growth acceleration in the companys...

Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability

Lenovo Group shares came under pressure on Wednesday after a security breach at Dropbox revealed a vulnerability connected to the Chinese technology companys Lenovo ID authentication service. Dropbox said approximately...

OpenAI Nears Astra AI Model Launch With Safety Focus

OpenAI is preparing to launch its next-generation artificial intelligence model, Astra, with CEO Sam Altman signaling that the release could arrive soon as the company increases its focus on AI safety and cybersecurity....

OpenAI Rejects Apple Trade Secret Theft Claims

OpenAI has denied Apples allegations that it obtained confidential trade secrets through former Apple employees, arguing that the iPhone maker has failed to provide evidence showing proprietary information was stolen. In a...

MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment

MediaTek shares surged nearly 10% on Tuesday after Nvidia announced a $3.5 billion investment in the Taiwanese semiconductor designer, strengthening a strategic partnership focused on artificial intelligence...