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Fitch: Despite Tough Winter, U.S. Transportation Growth Will Continue to Trend Upward

Apr 07, 2015 14:18 pm UTC| Research & Analysis

U.S. Transportation will continue its trend towards growth in 2015, according to a new Fitch Ratings report. All sectors are expected to maintain sufficient pricing power and volume and ensuing inflation rate increases at...

Fitch: Model Shows Fast Rate Rise Would Hurt US Public Finance

Apr 06, 2015 16:57 pm UTC| Research & Analysis

U.S. Federal Reserve (the Fed) rates are likely to begin to rise in mid 2015 and to tighten gradually, Fitch Ratings says. We expect the average policy rate for 2016 to be 1.6%. However, we created an interest rate shock...

Fitch: China's Slowing Land Sales Pressure Sub-Nationals; But Impact Manageable

Apr 02, 2015 11:01 am UTC| Research & Analysis

Fitch Ratings says Chinas local and regional governments (LRGs) will be able to manage the pressure on their budgetary performance caused by falling land sales revenue.Fitch expects the decline in land sales to have...

Foreign investors net sellers of Japan shares for last week

Apr 02, 2015 00:05 am UTC| Research & Analysis

Details of net investments were as follows (in billion yen): stocks bonds bills Mar 22 - Mar 28 -35.1 187.1 1,170.70 Mar 15 - Mar 21 -352.4r -954.5r 170.6 Japanese investment...

Fitch Downgrades Greek Banks to 'CCC' on Sovereign Downgrade

Apr 01, 2015 15:15 pm UTC| Research & Analysis

Fitch Ratings has downgraded National Bank of Greece S.A.s (NBG), Piraeus Bank, S.A.s (Piraeus), Eurobank Ergasias S.A.s (Eurobank) and Alpha Bank AEs (Alpha) Long-term Issuer Default Ratings (IDR) to CCC from B- and...

Moody's affirms Saudi Arabia's Aa3 rating on strong fiscal buffers

Apr 01, 2015 13:41 pm UTC| Research & Analysis

Moodys Investors Service has today affirmed Saudi Arabias Aa3 long-term issuer rating and maintained a stable outlook on the rating. This reflects the kingdoms ample financial assets, which will allow it to weather a...

China’s Big Stock Market Rally Is Being Fueled by High-School Dropouts: Survey

Apr 01, 2015 02:02 am UTC| Research & Analysis

The survey was conducted at the end of 2014, headed by Professor Li Gan of Southwestern University of Finance and Economics, Bloomberg reports. Covers some 4,000 households across the country Finds that the biggest...

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Economy

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....