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Wed, Jul 15, 2026 08:44 AM All times are UTC

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Fitch Cuts Global Growth Outlook for 2026 as Oil Shock From U.S.-Iran Conflict Weighs on Economy

Jun 05, 2026 07:08 am UTC| Economy Insights & Views

Fitch Ratings has lowered its global economic growth forecast for 2026 and increased its crude oil price projections, citing the ongoing economic fallout from the U.S.-Iran conflict. The ratings agency warned that elevated...

The Reverse Tariff: Trump and Modi Close In on Historic Trade Breakthrough

Jun 05, 2026 05:28 am UTC| Insights & Views

Combining personal chemistry with ruthless economic recalibration, President Donald Trump has presented the changing United States-India trade relationship as a spectacular turnaround of previous injustices. Talking on...

Payrolls on the Brink: All Eyes Turn to May’s NFP Verdict

Jun 05, 2026 05:16 am UTC| Insights & Views

This Friday, June 5, 2026, the U.S. labor market will be put to its most recent stress test when the May Nonfarm Payrolls report comes out at 8:30 AM ET. With consensus predictions ranging from 85,000 to 105,000 new...

Labor Alarm: US Jobless Claims Spike to 225K as Economic Strain Intensifies

Jun 04, 2026 15:36 pm UTC| Insights & Views

On May 30, 2026, the US labor market flashed another warning sign when first jobless claims reached 225,000, exceeding the consensus prediction of 212,000 and showing a weekly increase of 13,000. Rising unexpectedly, this...

Whale Watch: BlackRock and Winklevoss Flood Exchanges with $470M in Bitcoin as Sell-Off Fears Ignite

Jun 04, 2026 07:56 am UTC| Digital Currency Insights & Views

Arkham Intelligence, a blockchain analytics company, noted two large Bitcoin transfers to exchange wallets within hours of one another on June 2, 2026, therefore adding more volatility to an already damaged market. From...

Global Capital Push: India Eyes Zero Capital Gains Tax for Foreign Bond Investors to Stabilize the Rupee

Jun 04, 2026 07:44 am UTC| Insights & Views

Formally advising the Finance Ministry on a major tax break, the Reserve Bank of India would eliminate capital gains taxes for overseas investors on Indian government bonds and debt instruments. Set for Cabinet approval...

ADP Jobs Bombshell: 122K Hires Shock Wall Street, Smashing Expectations in May's Labor Market Comeback

Jun 03, 2026 17:37 pm UTC| Insights & Views

According to the ADP National Employment Report published on Wednesday, the U.S. business sector pleasantly surprised in May by adding 122,000 jobswell over the 117,000 consensus estimate. The number not only exceeds...

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Economy

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions

Asian stock markets traded mostly higher on Wednesday after weaker-than-expected U.S. inflation data eased expectations of a near-term Federal Reserve interest rate hike, although escalating tensions in the Middle East...

Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment

Most Asian currencies traded in narrow ranges on Wednesday as investors remained cautious over escalating tensions in the Middle East and weaker-than-expected Chinese economic growth, despite a softer U.S. dollar following...

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

U.S. consumer inflation likely eased in June, but economists say the slowdown may provide little relief for households or significantly reduce the likelihood of another Federal Reserve interest rate hike later this year,...

Politics

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens who have recently been in the Democratic Republic of Congo (DRC), preventing them from boarding commercial flights to the United States as...

Trump to Deliver National Address on 2020 Election Intelligence, Voting Machine Security

President Donald Trump is set to deliver a national address on Thursday night, outlining newly declassified intelligence related to the 2020 U.S. presidential election and discussing what the White House describes as...

Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

U.S. President Donald Trump said Tuesday that the United States remains in direct contact with Iranian officials but warned that military operations against Iran will continue until Tehran agrees to a new deal, signaling...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under 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

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...

Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside

Arm Holdings shares came under pressure after HSBC downgraded the semiconductor designer to hold from buy,arguing that the companys recent rally has already priced in much of its long-term artificial intelligence (AI)...

SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally

SK Hynix shares surged nearly 13% in Seoul on Wednesday, leading a broad rally in South Korean semiconductor stocks as easing U.S. inflation and renewed optimism over artificial intelligence (AI) memory demand boosted...

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...