The Federal Reserve announced on Wednesday it would keep its benchmark interest rate steady at approximately…
Tag: editor-pick
UBS Q2 Profit Rises 17% to $2.8 Billion, Plans $3 Billion
UBS reported a net profit of $2.8 billion for the second quarter of 2026, marking a…
Rio Tinto Reports 43% Profit Rise, Boosts Dividend to $2.11
Rio Tinto Ltd reported a 43% increase in its half-year profit, reaching $6.85 billion, driven by…
Nvidia’s Huang Urges US Against AI Model Restrictions Amid
Nvidia CEO Jensen Huang urged the United States to avoid imposing restrictions on open-weight AI models…
Burnham faces tax hikes or spending cuts to fund pledges
Andy Burnham, the newly appointed Prime Minister of the UK, has been warned by the National…
US Bans New Chinese Robots, Power Inverters Over Security
The Trump administration announced a ban on the import and sale of new Chinese robots and…
Core Scientific Signs $14 Billion AI Deal with AMD
Core Scientific has entered a 15-year agreement with Advanced Micro Devices (AMD) for AI infrastructure, potentially…
CME Sues CFTC Over Regulation of Perpetual Futures Market
The CME Group has filed a lawsuit against the Commodity Futures Trading Commission (CFTC) over the…
Oil Prices Drop Over 5% Amid Mixed U.S. Stock Performance
U.S. stocks experienced mixed trading on Tuesday, with the Dow Jones Industrial Average rising by over…
Pakistan Warns of Force Amid Houthi Attacks on Shipping
Pakistan condemned recent attacks by the Iran-backed Houthi militia on Saudi oil tankers in the Red…