India’s Prime Minister Narendra Modi speaks during the inauguration of chipmaker CG Semi’s OSAT (outsourced semiconductor assembly and testing) facility in Sanand on July 4, 2026. (Photo by Shammi MEHRA / AFP via Getty Images) Shammi Mehra | Afp | Getty Images India’s faster-than-expected economic expansion of 7.8% in the June quarter is under scrutiny…
A sharp sell-off in global government bonds is exposing investor anxiety that the macroeconomic backdrop may be shifting toward persistently higher inflation, as governments struggle to rein in spending and sovereign debt. Pressure on yields is not just a factor of this year’s rise in government borrowing and higher energy prices. Investors highlight a pivot…
U.S. Treasury Secretary Scott Bessent speaks during a “fireside chat”, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., September 1, 2026. Sam Wolfe | Reuters The European Union has formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it’s weighing a military role to…
Customers pump gas at a Freedom Fuel Network station in Dresher, Pennsylvania, July 8, 2026. Joe Lamberti | Getty Images The Freedom Fuel Network, a chain of gas stations that launched in July with steeply discounted prices touted by President Donald Trump, has expanded with a new location in Detroit as a lawsuit over the…
Investors should keep an eye out for excessive valuations and focus on productivity when it comes to investing in AI companies, market watchers say. Source link
South Korea’s AI stock rally is rapidly transforming different corners of the country’s society ranging all the way from romance to academics. In Korea’s dating scene, professionals such as physicians, lawyers and judges, have traditionally been the most sought-after. Now the preferences are changing, as the AI boom makes those working in the chip sector…
A Tesla Cybercab drives in Times Square following an appearance in New York City, U.S., Oct. 27, 2025. Brendan McDermid | Reuters Tesla’s fledgling Robotaxi business teased fans with a post on X saying, “no steering wheel, no pedals,” a reference to the company’s forthcoming Cybercab driverless vehicles. Another post prompted riders to “try it…
Students walk on campus at Harvard University, in Cambridge, Massachusetts, U.S., Nov. 19, 2025. Reba Saldanha | Reuters The U.S. Treasury Department and the IRS issued proposed regulations on Thursday to end federal tax-exempt status for thousands of private schools that use race to influence factors like admissions or student aid. Such a move threatens…
Open AI CEO Sam Altman speaks during the G20 Innovation Ministerial in Chapel Hill, North Carolina, on September 2, 2026. Matt Ramey | Afp | Getty Images OpenAI on Thursday announced it will begin rolling out its latest artificial intelligence model, GPT-6 Astra, which the company said is the product of “years of research and…
A close-up view shows corporate signage mounted on an exterior concrete wall at an Adobe office building in Lehi, Utah, United States, on August 26, 2026. Charles-McClintock Wilson | Nurphoto | Getty Images Adobe on Thursday named Anil Chakravarthy as its next president and CEO, succeeding Shantanu Narayen, who announced he would step down earlier…
