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Saturday, September 5, 2026
  • What strong jobs data means for rates — plus, an out-of-favor trade shines this week
  • Trump says MAGA Inc. will spend up to $500 million on 2026 midterms
  • Tesla’s stock drops as Cybercab update ‘underwhelms,’ NHTSA probe
  • Reflecting Pool vandalism case set for dismissal against Olympian
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  • What strong jobs data means for rates — plus, an out-of-favor trade shines this week
  • Trump says MAGA Inc. will spend up to $500 million on 2026 midterms
  • Tesla’s stock drops as Cybercab update ‘underwhelms,’ NHTSA probe
  • Reflecting Pool vandalism case set for dismissal against Olympian
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Business

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Zelenskyy dismisses defense minister in government shakeup

Sagar2 months ago03 mins

Ukraine’s President Volodymyr Zelensky attends a ceremony to mark the Day of Ukrainian Statehood in Kyiv on July 15, 2026, amid the Russian invasion of Ukraine. Tetiana Dzhafarova | Afp | Getty Images Ukrainian Defense Minister Mykhailo Fedorov has been dismissed from his post in a surprise move as President Volodymyr Zelenskyy undertakes his fourth…

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U.S. slaps 25% tariff on Brazilian goods over unfair trade practices

Sagar2 months ago03 mins

(COMBO) In this combination of files pictures created on December 2, 2025, Brazil’s President Luiz Inacio Lula da Silva speaks during a press conference at the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 19, 2025, and US President Donald Trump speaks during a Cabinet Meeting in the Cabinet Room of…

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  • Business

TSMC second-quarter profit spikes over 77%, topping estimates

Sagar2 months ago02 mins

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023 Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Co on Thursday reported a 77.4% jump in second-quarter profit year on year, shattering estimates as the world’s largest contract-chipmaker continues…

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Ex-Fed advisor gets over three years in prison for lying about China ties

Sagar2 months ago03 mins

Representative Hal Rogers, a Republican from Kentucky and chairman of the House Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies, left, and Representative John Carter, a Republican from Texas, during a hearing in Washington, DC, US, on Thursday, June 5, 2025. Eric Lee | Bloomberg | Getty Images A former senior advisor to the…

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Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership

Sagar2 months ago02 mins

Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services. Bloomberg | Bloomberg | Getty Images Shares of Chinese tech giants Alibaba and Baidu rose Thursday on their partnership with Apple for deploying their AI tools. Hong-Kong listed shares of Alibaba rose 5% after the company confirmed…

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Bank of Korea raises rates to 2.75% in first hike in over three years

Sagar2 months ago03 mins

SEOUL, SOUTH KOREA – 2025/05/07: General view of the headquarters of the Bank of Korea in central Seoul. The Bank of Korea (BOK) is the central bank of South Korea and the institution that issues the Korean won. It was founded on June 12, 1950 in Seoul. (Photo by Kim Jae-Hwan/SOPA Images/LightRocket via Getty Images)…

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SK Hynix falls amid Asia tech rout, tracking U.S. semiconductor losses

Sagar2 months ago03 mins

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of…

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New Jersey deli fraud defendant Patten seeks no prison time

Sagar2 months ago04 mins

Courtroom sketch of James Patten, left, and attorney Ira Sorkin at N.J. District Court in Camden, N.J., Oct. 11, 2022 Source: Elizabeth Williams The final defendant awaiting sentencing in the brazen $100 million New Jersey deli stock manipulation case is asking a judge to give him no prison time — despite having a prior felony…

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Jim Cramer says he needs ‘cold hard’ proof that AI is paying off

Sagar2 months ago03 mins

CNBC’s Jim Cramer said Wednesday that it’s time for companies to prove artificial intelligence is paying off. “I need cold hard return facts,” the “Mad Money” host said. “Or, I, too, will grow more skeptical than I am now.” The AI boom has fueled massive spending by technology companies, and there’s no end in sight….

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Fed’s Warsh says he meets ‘often’ with Trump administration

Sagar2 months ago05 mins

Federal Reserve Chairman Kevin Warsh testifies during a Senate banking committee hearing on Capitol Hill, in Washington, July 15, 2026. Ken Cedeno | AFP | Getty Images Federal Reserve Chairman Kevin Warsh on Wednesday declined to say if he has spoken to President Donald Trump since becoming chair, but confirmed he is in regular communication…

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  • What strong jobs data means for rates — plus, an out-of-favor trade shines this week
  • Trump says MAGA Inc. will spend up to $500 million on 2026 midterms
  • Tesla’s stock drops as Cybercab update ‘underwhelms,’ NHTSA probe
  • Reflecting Pool vandalism case set for dismissal against Olympian
  • U.S. sanctions Turkish bank accused of enabling Iran

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