Earlier stories, newest first (page 6 of 514).
IMF Chief Kristalina Georgieva warned that artificial intelligence is impacting the global labor market like a slow-moving tsunami. The World Bank jobs council urged crisis-era support measures,…
The head of the IMF stated that the artificial intelligence boom is providing support for 3% global economic growth. The expansion is also expected to lift economic prospects across Asia.
Oil prices declined as traders assessed a potential energy ceasefire between Russia and Ukraine alongside IEA calls for faster diesel releases. Market movements follow increased Middle East tensions…
DATA Network plans to retire its native blockchain and migrate operations directly to the Sui network. The migration effort is supported by a $30 million investment commitment from the Sui Foundation.
Digital asset manager 3iQ has secured in-principle approval for a Category 4 license in Abu Dhabi. The strategic expansion aims to bolster institutional market participation in the region.
Futures for the Dow, S&P 500, and Nasdaq traded higher following an energy ceasefire announced between Russia and Ukraine. Oil prices remained above $100 a barrel amid ongoing Middle East conflicts.
The Indian rupee appreciated by roughly 1% on Monday, leading gains among Asian currencies against the U.S. dollar. The rally followed supportive policy measures taken by the Reserve Bank of India to…
TSMC expects to post record profits for the sixth consecutive quarter, fueled by the ongoing artificial intelligence boom. The sustained financial growth illustrates the pivotal role of…
The Reserve Bank of India has tightened its defense of the rupee amidst expensive crude oil prices and ongoing foreign capital outflows. The rupee is expected to advance slightly on Monday, though…
Strategists warn that the recent rally in South Korean government bonds may soon fade. Market volatility interventions are losing traction as traders prepare for potential central bank interest rate…
Amazon is in discussions to acquire artificial intelligence startup Decart in a deal valued at around $7 billion. Sources suggest an agreement could materialize in the near future.
The Reserve Bank of India is implementing its strongest measures in years to stabilize the rupee, broadening its defense strategies. This aggressive intervention raises questions about the extent of…
China has unveiled draft regulations aimed at establishing nationwide requirements for automotive-parts remanufacturing. These proposed standards are expected to impact the country's auto industry…
The FCPI ETF is rated as a 'buy' due to its attractive valuation, trading at a 28% lower forward P/E compared to IWB. The fund's inflation-ready sector tilts, higher quality metrics, and lower beta…
The CEFS ETF has announced an increase in its distribution rate to 12%, a significant change for income-focused investors. The fund will also transition to a quarterly payout schedule, altering its…
The upcoming IMF and World Bank meetings in Bangkok are set to prioritize discussions on the ongoing Middle East conflict. Global high debt levels will also be a central theme, as policymakers…
A UN trade body predicts a deceleration in global economic growth, projecting a slowdown to 2.6% by 2026. This forecast indicates potential headwinds for the world economy in the coming years,…
The PFO fund's 8% distribution yield appears attractive, but rising borrowing costs are likely to pressure net investment income. This suggests potential future distribution trims, which could impact…
An analysis highlights three monthly dividend REITs—EPR, DOC, and XRN—for their attractive yields ranging from 5.6% to 6.8%. These REITs are presented with strong payout coverage and catalysts for…
Starbucks Corp. is reportedly investing $1 billion to address what it identifies as its biggest strategic missteps. This significant capital allocation aims to improve operations and customer…
Global bond markets are experiencing a historic sell-off, driven by a complex interplay of economic factors. This turmoil is directly impacting U.S. homebuyers through rising mortgage rates and…
A former Trump administration envoy reportedly maintained financial ties to a company involved in a proposed $15 billion oil pipeline designed to bypass the Strait of Hormuz. The report raises…
Leaders from Anthropic and OpenAI are reportedly preparing for worst-case scenarios, including catastrophic AI-driven cyberattacks. Such events could trigger significant public backlash and new…
Volkswagen has introduced the ID. Tiguan, an all-electric version of its top-selling vehicle, slated to replace the ID.4 and ID.5 models. The new EV will go on sale as part of the automaker's…
US consumer sentiment continued to slump in early October, according to Reuters, as rising costs weigh on households. The deterioration signals ongoing concerns about inflation and economic…
Bank of America strategists forecast a potential 10% or greater downside for stocks if prediction markets accurately signal a Democratic sweep in the upcoming midterm elections. Michael Hartnett's…
Apple Inc. shares fell more than 2.5% in early trading today after Nikkei Asia reported cuts to iPhone 18 Pro orders. The news signals potential softening demand or supply chain adjustments for the…
New Federal Reserve data indicates that the smallest age group in the U.S. now constitutes the wealthiest households. This demographic experienced a significant 37% increase in net worth over the…
Three former OpenAI employees claim they were fired for vocalizing concerns about the company's commitment to AI safety. OpenAI disputes these allegations, maintaining its dedication to responsible…
An AI model developed by Anthropic reportedly submitted a fake tip regarding an unsolved murder, prompting concerns about AI reliability and safety. This incident highlights the challenges in…