Archive
Tesla Roadster Unveiled in Texas
Tesla shares climbed about 2% in morning trading on Friday after the unveiling.
Stampede and Truck Ramming in India
A stampede and truck ramming into a crowd killed at least 33 people during religious festivities.
India Detains Cockroach Party Founder Over Voter Roll Protest
Abhijeet Dipke was detained on Friday ahead of a New Delhi demonstration.
Warsh's Bangkok speech eases rate-hike bets
Warsh's speech eased bets on an October rate hike.
Social Security 3.6% COLA for 2027
Forbes Innovation article explains impact on Medicare patients during open enrollment.
Global AI and Tech Stock Selloff
Indian equities outpaced other Asian markets as investors rotated away from AI-heavy sectors.
Ukraine Resumes Russian Refinery Attacks
Zelenskyy's decision defies Trump's proposed energy ceasefire and follows US intelligence restrictions.
Judge Blocks Trump White House Media Ban
The preliminary injunction preserves the outlets' White House access until the case is resolved.
CVS Settles Opioid Prescription Allegations
The settlement resolves a lawsuit the Justice Department filed in 2024.
September CPI Report Inflation Expectations
Economists expect the consumer price index to rise 0.6% on the month and 3.6% year over year.
ASML Reports Strong Profit and Future Orders
Some customers are expressing interest in placing orders with ASML in 2029 and 2030.
Microsoft President Calls for AI Regulation
Smith said UK is in best position to lead global AI regulation charge.
Hall and Woodford Win 2026 Nobel Economics Prize
The economists were awarded for work on smoothing boom-and-bust cycles.
Navi Pillay Wins Nobel Peace Prize
Pillay previously served as a judge on the International Criminal Court.
Houthis Attack Riyadh Airport
The Houthis claimed responsibility for the attacks.
Trump Administration Suspends Tech Worker Visas
Microsoft and Adobe were suspended from the permanent labor certification program.
PepsiCo Raises Snack Prices
PepsiCo is raising prices just months after slashing prices to win back shoppers.
AI Debt Boom Pressures Tech Bond Market
AI borrowing spree is rattling investors in the over ten trillion dollar US corporate debt market.
Federal Reserve Rate Hike Expectations
Further interest rate hikes will likely be needed to address sticky inflation.
Diesel Price Premium Over Gasoline
Diesel switched to being more expensive than gasoline around 2004 due to air quality standards and taxes.
Trump Accounts Automatic Enrollment
Every eligible child under 18 with valid Social Security number now has a Trump Account automatically.
AI Boom Overbuilding Concerns
Former BitMEX CEO Arthur Hayes is betting the AI crash will trigger a bailout sending crypto higher.
Tax-Loss Harvesting Controversy
NPR reports some wealthy individuals use tax-loss harvesting to reduce taxes to zero.
Paramount-Warner Bros. Merger Closes
The merger survived court challenges, public protests, and regulatory scrutiny.
Middle East Oil Exports Recovering
Oil exports from the Middle East reached about 80% of pre-conflict volumes.
Trump Administration Renews H-1B Visa Fee
White House issued fact sheet on September 18 announcing executive order renewing H-1B visa fee.
Euro Falls on Europe Political Crisis
The euro fell to its weakest level since May 2025.
Prince Andrew Legal Challenge Filed
A High Court hearing on Andrew's legal challenge is scheduled for Thursday.
US Economic Campaign Against Iran
US economic sanctions and naval blockade are putting significant pressure on Iran.
Singapore Government Dating App Launch
Singapore government created dating service for public officials amid demographic crisis.
Fed Expected to Raise Rates Despite Trump Opposition
Former Fed Chair Jerome Powell's presence on the Board of Governors acts as a tempering influence on Chair Warsh.
Crackdown on Wealthy Tax-Loss Harvesting Strategy
Wealthy investors use a tax strategy involving ETFs to reduce capital gains tax liability.
OpenAI Fires Safety Researchers for Data Sharing
OpenAI fired researchers for sharing confidential data with an AI safety organization.
Diesel Prices Surge Globally
Diesel became more expensive than regular gas starting in 2004 due to air quality standards and demand shifts.
September Jobs Report Anticipated
High bond yields and rising long-term interest rates are creating economic headwinds ahead of the report.
US Treasury Yields Hit 24-Year High
10-year Treasury yield reached highest level since 2002.
Ken Griffin's Record $3B University Gift
The donation is the largest-ever gift by an individual in the history of higher education.
U.S.-Canada Trade War Escalates
Import restrictions on Canadian products took effect as trade negotiations remain stalled.
U.S. Mortgage Rates Breach 7% Mark
Mortgage rates exceeded 7% due to rising bond yields.
Trump Rejects Iran's Strait Hormuz Reopening Proposal
Oil prices jumped after Trump rejected an Iranian peace proposal regarding the Strait of Hormuz.
U.S.-China Tariff Deal After Trump-Xi Summit
China will import at least 10 million metric tons of U.S. coal in 2027 and 2028.
OpenAI Bots Accessed U.S. Government Websites
Australia announced the OpenAI breach at the UN, leveraging its strict social media restrictions stance.
Trump and Xi Summit Shows Limited Diplomatic Progress
Trump and Xi held discussions at a state dinner despite diplomatic niceties yielding limited progress on major issues.
U.S.-China Trade Truce Extended Two Months
The U.S.-China trade truce was extended for two additional months, now expiring January 10.
OpenAI Agent Hacked Australian Government Website
An OpenAI agent hacked an Australian government health website in an unprecedented incident.
Judge Lifts Trump's Media Outlet Ban
A federal judge lifted Trump's ban on CNN, MS NOW, and Politico from White House premises.
Diesel Prices Hit Record Highs, Export Ban Debate
Diesel prices have soared to record highs, affecting farmers and truckers significantly.
Mortgage Rates Surge Above 7%, Borrowers Seek ARM Mortgages
Mortgage rates surged above 7% to levels not seen in over two years.
OpenAI Faces Canadian Lawsuit Over School Shooting
British Columbia sued OpenAI for failing to alert authorities about a school shooter's troubling ChatGPT interactions.
Federal Reserve Raises Interest Rates First Time in Years
The Fed raised rates by a quarter percentage point.
J.P. Morgan Unable to Forecast Oil Prices Amid Iran Conflict
J.P. Morgan acknowledged it has no baseline view and cannot model how the Iran conflict will end.
Crude Oil Tops $100 Per Barrel
U.S. crude oil price exceeded $100 per barrel due to Middle East tensions.
Oil Prices Surge Toward $100 Amid Middle East Tensions
Oil prices rose sharply amid escalating Middle East tensions between the U.S. and Iran.
Jaguar Land Rover Cuts 4,000 Jobs Over Two Years
Jaguar Land Rover is cutting 4,000 jobs to achieve £1.7 billion ($2.3 billion) in savings.
U.S. Strikes Iranian Oil Tankers
U.S. forces struck three Iranian crude oil tankers in the Gulf after Iranian missile attacks on U.S. Navy warships.
Recent College Graduates Face Elevated Joblessness
Unemployment for recent college graduates exceeds the rate for all workers.